Wednesday, August 17, 2011

Mint introduces new RCMP and cougar bullion coins

An undated handout photo of one of hte Royal Canadian Mint's two new one-ounce buillion coins, announced August 17, 2011.
An undated handout photo of one of hte Royal Canadian Mint's two new one-ounce buillion coins, announced August 17, 2011.
OTTAWA — The Royal Canadian Mint is set to introduce two new bullion coins to commemorate the RCMP and Canada's wildlife.  On Wednesday, the mint announced it will offer the one-ounce bullion coins, one gold and one silver, to meet a worldwide "record" demand.  The RCMP coin, with a face value of $200, is the fourth in a series of the mint's gold bullion coins known to be the world's purest, a release said, at 99.999 per cent purity. The piece will feature a Mountie riding a galloping horse, surrounded by maple leaves on one side and a portrait of Queen Elizabeth II on the other.  The silver coin, at 99.99 per cent purity, was designed with a cougar on one side and the Queen on the other. The 2012-dated coin is the third in a series of six on wildlife and will have a $5 face value.  Both pieces will be available in September.

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