New Releases from the Royal Canadian Mint – July 2012

The Royal Canadian Mint recently started accepting pre-orders for another batch of new products. Currently, orders may only be placed by members of the Master’s Club, with public ordering available starting tomorrow.

The 25th anniversary of the Loonie will be celebrated with the issuance of a 99.99% pure silver coin with a design depicting two loons swimming passed the number “25”. The anniversary dates “1987-2012” appear below. The reverse was designed by Robert-Ralph Carmichael, who designed the first Loonie coin. The coins feature a unique soft matte finish.

Each coin has a weight of 7.89 grams, which converts to 0.2537 troy ounces. The mintage is limited to 15,000.  Pricing is indicated at $34.95 CAD.

The second release within the series for the Group of Seven, features Nova Scotia Fishing Village by Arthur Lismer. The previous release of the series has sold out, with this release indicated as awaiting stock.

Each coin is struck in one troy ounce of .9999 fine silver. The mintage is limited to 7,000 units with a price of $89.95 per coin. When the first issue was released, a subscription option was available which included a special display case for all of the coins of the series.

Five different coins in gold, silver, and platinum are being released with designs taken from paintings by world renown wildlife artist Robert Bateman. The coins are issued to commemorate the 50th anniversary of the Canadian Wildlife Federation and include the engraved signature of Robert Bateman.

The coins include a one ounce silver coin limited to 7,500 and priced at $94.95 CAD, a one kilogram silver coin limited to 1,000 and priced at $2,249.95, a one ounce gold coin limited to 750 and priced at $2,699.95 CAD, a one kilogram gold coin limited to 30 and priced at $69,000.00 CAD, and a one ounce platinum coin limited to 250 and priced at $2,999.95 CAD.

The winning image from the 2011 Canadian Geographic Magazine Photo Contest is featured on a new 99.99% pure silver coin. The image depicts a praying mantis perched on the underside of a grass seed head.

Each coin has a weight of 15.87 grams, which converts to 0.5102 troy ounces. The mintage is limited to 7,500 with pricing at $69.95 CAD.

The fourth gold and silver coins in a series celebrating the history and traditions of Canada’s Chinese communities have been released.

The Blessings of Good Fortune $150 Gold Coin features the Giant Panda, imagery of bamboo, and the Chinese character meaning “good fortune.” Each coin has a weight of 10.4 grams and purity of .99999 gold. The mintage is limited to 888 and the coins are priced at $988.88 CAD.

The Maple of Good Fortune $15 Silver Hologram coin features two leaping dear with a combination of five bats and eight figurative gold coins. The hologram is placed in the center. Each coin has a weight of 31.39 grams and purity of .9999 silver. The mintage is limited to 8,888 and the price is $98.88 CAD.

The first coin in a series celebrating the heroes and events of the War of 1812 features the HMS Shannon. The ship is seen leaving Halifax harbor during the War of 1812. A selectively gold plated cameo features the original figurehead from the ship’s bow.

The coins have a weight of 15.87 grams and purity of .9999 fine silver. The mintage is limited to 10,000 and the price is $64.95 CAD.

A one ounce .9999 silver coin is issued to celebrate the 50th anniversary of the Canadian Coast Guard. Each coin is accompanied by a vial containing a small piece of steel from the pre-refit bow of CCGS Louis S. St-Laurent. The offering is limited to one per household, with an overall mintage limit of 7,500 pieces, and price of $129.95 CAD.

Finally, a tiny gold coin is issued for the 150th anniversary of the Cariboo Gold Rush. The weight of the coin is 1.27 grams, which converts to 0.0408 troy ounces. The design features a tin pan lifted from water filled with gold nuggets and dust.

The mintage limit is 12,000 coins and pricing is set at $129.95 CAD.

Additional new releases also include:

  • Rhododendron Crystal Dew Drop $20 Silver coin
  • Special Edition $2 Coin Specimen Set – Wolf Cubs
  • 50th Anniversary of the Canadian Coast Guard Colored 25-Cent Coin
  • Circulation Coins and Test Tokens Set

As mentioned sales to the general public will begin tomorrow. These new releases can be found on the Royal Canadian Mint’s website in this section.

Facebook Twitter Email

Comments

  1. Hidalgo says

    I am not sure if any you heard about it, but the New Zealand mint is offering a 1 ounce silver proof coin with color, ” 50 Years of Friendship: New Zealand and Samoa” $1 coin. The coin comes with a crystal glass stand.

    Interestingly, mintage is only 1,000 coins. Seems really low. And the price is only $139 (US) – less shipping.

  2. Jeremy says

    Just what is needed, more designer coins that cost 2-5 times the actual cost of silver!

  3. Schalk says

    Hidalgo

    I have to correct you on your posting. This coin is not from the New Zealand Mint. The New Zealand Mint is a boutique mint that does not mint any official New Zealand coins. This coin is distributed by New Zealand Post, which is the official distributor of New Zealand coins. The coin was minted by BH Mayer’s Kunstprāgeanstalt GmbH on behalf of New Zealand Post.

  4. Shutter says

    Is it safe to assume that in light of RCM’s new focus on creating artificial sellouts, any interesting coins will be sold out BEFORE they hit their web site and then will take months to ship. O, and still cost at least 4 X spot.

  5. Michael Zielinski says

    Only one coin is “awaiting stock” so far. In previous months, there were multiple coins in this status before public sales started. The RCM makes some nice coins, but I think they have been pushing too hard for rapid expansion.

    Personally, I picked up the 25th anniversary Loonie and have a subscription to the Group of Seven series.

  6. Schalk says

    Michael

    I also bought the same coins you have. I suspect that the Group of Seven series is awaiting stock because most of these coins are now going to the subscribers to the series.

  7. Shutter says

    Only one coin is “awaiting stock” so far. In previous months, there were multiple coins in this status before public sales started.

    Good point, but in previous months they had multiple interesting coins.

    Two loons announced in May, and the latest is that they will ship on 7/20. You would think that it takes less than 2 months to mint and package 10,000 coins. Maybe they could ask US Mint for assistance. With all those circulating dollars and quarters that they are not minting, they must have spare capacity.

  8. Louis says

    Could not disagree more. I am going to get several of these, and am glad I hesitated on a couple other things recently. Yesterday I received the 2 dollar version of the war of 1812 coin, and told myself, “These are great, but I would love to see the design in silver in a larger format.” Today my dream has come true. This makes my day.

    Also, I am going to save $30 over the Mint’s price at Gatewest for the items I want. And this notion that they are not worthwhile because of the silver content relative to the price is such nonsense. If you want to stack silver, buy bars or low premium coins. That is not what these kind of coins are about.

    And criticize the Mint all you want about artificial sellouts but I like coins that sell out quickly and go up in value compared to what I paid as opposed to most modern US issues that are overproduced and decline in value. As usual, the RCM shows how it is done!

  9. Louis says

    I agree some of these are overpriced, for sure, but not the ones I just bought from Gatewest.

  10. Frankie says

    You have to be quick though with Gatewest… This morning I bought the Bull Moose for $86.45 (now at $109.95), the latest Group of Seven for $81.95 (now at $88.95) and the first two of them in a case for all seven for $171.95 (now at $198.95). Plus, I managed to get two of the $20 coins for free (see website, offer now removed for these).
    Talisman still has them for a reasonable price if anyone is interested.
    One other thing – those of you who still wait for the glow-in-the-dark dinosaur coin: you’ll have to wait until September. RCM cocked up somewhere…

  11. Shutter says

    I like coins that sell out quickly and go up in value compared to what I paid as opposed to most modern US issues that are overproduced and decline in value.

    You mean US issues that are overbought, don’t you. Anything US Mint doesn’t sell will eventually get melted down. The thing is that it remains to be seen what the long term value of these Canadian coins will be. Plenty of US issues skyrocketed only to fall flat. What I do know, is that the market for US coins is much bigger than Canadian.

    All of that is unimportant. I don’t plan to flip them in short term, but if I pay $50 for an once of silver, my potential downside is much smaller than if I pay $130. Also it doesn’t matter how pretty a coin is if it’s not available to me to buy, it’s as if it doesn’t exist. I am greatful that this blog at least occasionally provides info on upcoming RCM releases. I am not rich enough to make these kinds of decisions the moment the coin comes out. At least US Mint (which doesn’t know how it done?) gives me advanced notice of what’s coming. With RCM you might know a few hours after its sold out.

  12. Louis says

    I agree about Master’s Club, but these items are mostly already available on the RCM site, or you can buy from Talisman, Gatewest, etc. Not sure why the post from Michael said they were restricted unless it changed after he posted because I see them for sale on RCM except the silver moose (of the ones I wanted). But it’s irrelevant since I almost always use Gatewest.
    All collector coins are a risk. For all we know 10 years from now bullion will be so high that most collector coins will only be worth melt. If gold is $5k an ounce, you really think you will get a premium for your proof Buffalo? That’s why I buy them as art mostly. If you want to make money, I’d suggest trying something else. Even for coins that do well over time, it is very hard to sell at a profit apart from the change in bullion value, or if you sell retail.

  13. Michael Zielinski says

    At the time of the post, they were restricted to the Master’s Club. As indicated in the post, orders from the general public opened on July 10.

  14. Schalk says

    About the Master’s Club: What a unique way to award loyal customers to the RCM. Advance notice, exclusive opportunity to buy the coins before the general public and free shipping! If you like the coins from the RCM, ensure that you spend more than $1000.00 (Canadian) per year, and you get the same benefits. I just wish that other mints will have similar programs! Congratulations to the RCM, they continuously produce beautiful coins! I am sure that most of us frequently buying from the RCM, do it for the beauty of the coin and not for its intrinsic metal content value. Way to go RCM!

  15. Louis says

    Michael, Thanks for the clarification. I only saw this post today and appreciate the heads up as I was able to order before prices went up at Gatewest. I think RCM could still give everyone else some advance notice as our Mint generally does while still offering the other benefits to club members. And I do like the way our Mint, unlike other world mints, mostly charges everyone the same price rather than giving dealers a break.

    I am surprised more people here did not seem to be taken by the silver moose. It was priced very much in line with what Perth charges. I personally find more of the Canadian themes and designs appealing to me than those of many other mints, but that is a subjective matter of course.

  16. Schalk says

    Louis, I ordered the silver moose as well. It is a simple, but great design. It defines Canada.

  17. Samuel says

    camint’s master club program is not good because i dont know why it is so hard for me to use up the $1000. if it were usmint, perthmint,downies, i should already have several memberships for each now.

  18. Schalk says

    Samuel, get those coins that you like from Gatewest or Talisman. That is the risk you take and I find it similarly difficult to buy $1000 worth of silver coins from the US Mint, Perth Mint or Downies. Except, they do not have a Master’s Club – and that makes it even more difficult to buy their coins.

  19. Shutter says

    That’s why I buy them as art mostly.

    I actually agree with that. But I’d buy more if they cost less.

    I think RCM could still give everyone else some advance notice as our Mint generally does while still offering the other benefits to club members.

    Fully agree. However, maybe RCM can also learn something from Perth. Allocate some coins to club sales, but reserve some for sale to everyone else. The way Perth releases coins on their website, I have 2-3 opportunities to acquire a coin regardless of how desirable it may be.

    And I do like the way our Mint, unlike other world mints, mostly charges everyone the same price rather than giving dealers a break.

    Not sure about that. Dealers may not be evil, but they are necessary. They grease the market.

  20. Shutter says

    I find it similarly difficult to buy $1000 worth of silver coins from the US Mint

    One each of 2012 ATB 5oz, and there is your $1,000. RCM doesn’t require you to spend $1,000 on one order to join the club.

  21. Schalk says

    Shutter, the Perth Mint releases coins to the USA market whilst Australia is in dreamland. As soon as they wake up, the Perth Mint gives them the opportunity to buy the coins as well – I do not think that has any bearing in the way the RCM handles their customers.

  22. Louis says

    Frankie,
    As far as Gatewest’s special offers, I must have missed it. How much did you have to spend to get them free, if I may ask? In the past, I have gotten some at face value by spending a certain amount, but as far as free, I thought you had to place a large order like over $1,000. Gatewest does tend to be slow but that is mostly because the RCM is very slow at getting these things out. Nevertheless, they always have great prices if you jump on them, and they have always treated me right, even once giving me a credit back to issue price for a sold out item that was priced higher when I ordered.

    Shalk, Totally agree on the moose. And this one is a much better rendition than the recent bullion coin. Nobody is perfect, and mints can all learn from each other, but I just think the new RCM model is working out well. A few years back I only bought 1-2 Canadian coins a year, but a lot has changed since then.

  23. Schalk says

    Louis, I just wish I was as committed to the RCM a few years back as I am now. Those Summer Moon Mask (gold/silver) and Four Seasons Moon Mask (gold) coins of 2008/2009 were magnificent!

  24. Shutter says

    I do not think that has any bearing in the way the RCM handles their customers.

    I agree that it doesn’t and am only suggesting that maybe it should. If your most desirable coins are only ever available at big premiums to already high issue prices, some customers might lose interest.

  25. Frankie says

    Louis,
    I’m referring to this offer:
    http://store.gatewestcoin.com/cgi/viewItem.cgi?item-number=13004&location=usa
    If you order for $500 or more you get one for free (see text in red). Just add it to your basket and drop them an email immediately after receiving your order confirmation via email to “claim” one for free. They will adjust the order value manually to ensure you won’t get charged for that one.
    I used that several times now, but they remove it pretty quickly for hot items (see the Moose listing for example – it now says “This item is excluded from the offer quoted on item # 13004 ($20 Silver Coin promotion)”.
    Next time RCM launches new products – get up early (or stay up late) to ensure you get the best price and promotions! 🙂

  26. Frankie says

    Regarding the Masters Club – it really isn’t worth it if you’re quick to place your order with one of the authorized dealers (e.g. Gatewest, Talisman) the day of the official release.
    Just two examples:
    1. The 2012 1oz Silver Bull Moose was CAD94.95 for Masters Club members but only US$86.45 from Gatewest (at least initially). Plus, Gatewest didn’t have an order limit initially. I managed to buy 8 – and no, not for flipping! It’s for stashing away…
    2. The second “Group of Seven” coins was CAD89.95 for Masters Club members but only $81.95 from Gatewest (again, at least initially).
    Even if you consider postage, it’s still cheaper to order from an authorized dealer than from the Mint directly.
    The same applies to Perth Mint products by the way – just some examples:
    APMEX currently sells the Lunar Year 2 Gilded 1oz coins for approx. $72 (2008-11) or $77 (2012). Perth currently still sells some of them for approx. $96. Of course, with VERY hot items you’re better off ordering from Perth directly as the dealers may already mark them up in anticipation of a flood of orders. But if you’re patient enough to wait for high mintage items (the aforementioned gilded coins are 50000 each), you can save a few bucks…
    That’s just my two cents’ worth for today!

  27. Louis says

    Frankie,
    Thanks for your excellent advice. That is basically what I do. I rarely order directly from Perth or the RCM and almost always deal instead with the authorized dealers. Postage is also cheaper than dealing with the foreign mints. Patience is usually required when dealing with the dealers as orders can take several months depending on when they get their coins. But by now I know who is reliable (the authorized dealers you mentioned plus Downies), so I don’t sweat it if it takes a while.
    Enjoy your coins.

  28. Hidalgo says

    The Robert Bateman silver moose coin has sold out at the Royal Canadian Mint. That sure was fast….

  29. Shutter says

    Has anyone else noticed the apology Gatewest has posted regarding shipping delays. So, to coin a phrase: As usual, the RCM shows how it is done!

  30. Louis says

    Shutter,
    As usual, you are taking my words out of context. I never said the RCM was great at shipping out orders. I was only saying I like the coins they are producing now and that they have performed well recently. The Moose I got for $90 or $88 on Tuesday now sells for $120-150. I am not interested in trying to convince anyone of anything. I was just passing along my views. Anyway, I said clearly above that patience is required because of the RCM delays. I never understand why some of you folks worry so much about when your coins arrive. They will come when they come. Don’t you have something else to focus on besides when your next order arrives?

    You must really be insecure since you feel the need to make yourself sound superior to others. I really think this should a forum for exchanging ideas and impressions without fear of being hit over the head because someone disagrees. You seem to think is a debating society forum. Feel free to ignore anything else I ever say.

  31. Shutter says

    I was only saying I like the coins they are producing now and that they have performed well recently.

    I have no problem with you liking recent RCM coins. Firstly, it’s none of my business, and secondly, they’ve produced some very nice coins. I do disagree that “they performed well recently”. Obviously, I am not the only person concerned with RCM recent track record. I can only assume that Gatewest needed to post the note they did because they’ve been hit by many complaints. A clue is this statement: “we have experienced a lot of complaints and inquiries from customers”.

    You must really be insecure since you feel the need to make yourself sound superior to others. I really think this should a forum for exchanging ideas and impressions without fear of being hit over the head because someone disagrees.

    I certainly have no intention of “hitting you over the head”, but tell me why do you feel this need to resort to ad hominem attacks. I certainly don’t question your motivations when I disagree with something you say.

  32. Louis says

    I wish you all the best, Shutter. You have made many insightful points in your posts.

  33. Hidalgo says

    @Louis – it’s best to ignore some people. I certainly do. Responding will only feed the need to aggravate, bully, and/or be confrontational. It’s sad and pathetic.

  34. Louis says

    Thanks, Hidalgo. By the way, did you or anyone else check out the new 5 oz proof Pandas? Provident has the best price at $397. Comes in a fancy box with COA and most past issues sell for a high premium.

  35. samuel says

    And, at the coin show next month in PA, a 5oz panda medal will be released, 2500, after the 5oz medal at singapore show.

Leave a Reply

Your email address will not be published. Required fields are marked *