Canada 2014 Wildlife in Motion “The Grizzly” $100 Silver Coin

The Royal Canadian Mint has started accepting pre-orders for the second coin within their “$100 for $100 Series”, which offers 1 oz. silver coins for their legal tender face value.

The Grizzly $100 silver Coin

Product page

The new release is called “The Grizzly” and features an image of a grizzly in motion as it splashes through the water catching a salmon in its jaws. The inscriptions include the “2014” date and the legal tender face value of “$100 Dollars”. The obverse design carries the portrait of Queen Elizabeth II by Susanna Blunt.

Each coin is struck in 99.99% pure silver with a matte proof finish. The weight is 31.6 grams and the diameter is 40 mm. A maximum mintage of 50,000 pieces has been established, with an ordering limit of 3 coins per household. The coins are priced at their exact face value of $100 CAD.

At this time, the coins are available for pre-order by Master’s Club members. Orders will be accepted from the general public at a later date.

The Royal Canadian Mint’s “$100 for $100” series follows the success of the ongoing “$20 for $20” series, which offered smaller sized pure silver coins for their face value. The new $100 face value series began in May 2013 with a silver coin featuring three buffaloes in motion. A sell out of the 50,000 maximum mintage occurred shortly after ordering opened for the general public.

Every time the Royal Canadian Mint or any other world mint offers a precious metal coin for its legal tender face value, there are always at least some comments about how the intrinsic value of the metal content is less than the issue price (and value value). This is once again the case for the latest release. The coins contain 1 troy ounce of silver worth about $22 based on the current market price, which is far below issue price of $100.

The present offering is not a bullion coin, which would be priced much closer to its intrinsic value. Rather, the offering represents an interesting hybrid of a numismatic coin and legal tender coin. The coins feature the unique artistry, a higher quality finish, and mintage limits more typically associated with a numismatic coins, however a high legal tender face value is established which serves to provide an ultimate backstop to the value of the coin. I have not seen any of the RCM’s coins from the “$20 for $20” or “$100 for $100” programs ever offered or sold on the secondary market for less than their face value, and very often they carry a premium. There is also a mechanism in place for cashing the coins in for their stated face value.

Clearly, the concept has resonated with collectors as the Royal Canadian Mint continues to achieve an enthusiastic response and quick sell outs for newly offered coins. The RCM has also credited the programs as a significant driver for increasing their numismatic customer base.

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  1. fmtransmitter says

    In the event a bank branch is unaware of this procedure, customers are advised to contact the Mint with the coordinates of the bank branch, which will take steps to inform the branch of the redemption process.
    As collector coins can only be redeemed at face value by businesses and financial institutions willing to accept them, it is recommended that individuals wishing to sell a collector coin first consult with a coin dealer, “who is more likely to offer a price above face value.”
    These two statements by the RCM need to be clarified and leave much to be desired IMO and the second one portion in parentheses is just an “opinion”. With the $ for $ program this is going to change in the near future and have to be clarified to further extent. Anyone would buy a $100 coin worth $22 in silver. It is a no brainer so I see problems on the horizon for this marketing scheme.

  2. Louis says

    So much for there not being demand for the Superman coins.

    On the new grizzly at first I was a bit underwhelmed too, but I think it will look quite nice on the actual coin esp. with the cool background.

  3. VABEACHBUM says

    @ Louis – Those super hero icons never lose. Best part about being a super hero!! Looks like it applies in the coin world, too.

    I agree with your insight on the new Grizzly Coin. While I liked the idea of the 100/100, and used that as the basis of my Buffalo purchases, the coins are so much more impressive in hand. RCM’s use of the varying finishes creates some great eye appeal. I am anticipating the same application upon this Grizzly coin.

    I also have updated other information on the previous “Perth – Endangered” thread. Take a look when you can.

  4. Tom P says

    I haven’t ordered yet, but will do so before the public ordering period.

    I didn’t bother with the Superman series because…. I can’t buy everything. Win some, lose some.

  5. Hidalgo says

    I also bought the $100 silver bison coin. I really like the design. However, I see that secondary market prices for it are relatively weak.

    I suspect that this will be true with this coin….

  6. Mercury says

    There is certainly a massive amount of finely tuned details shown on this coin. The bear seems to jump right off the surface of the coin. All the different applied textures seem to give it somewhat of a 3D effect. Wondering how it will translate in the actual production. Hoping to be able to add 3 of these pieces of artwork to my collection. I’ll have to see what kind of numbers the Master’s Club members will leave us after the smoke clears.

  7. Hidalgo says

    @ Samuel – I believe early prices for the gold Superman coin will be high, as most new releases are. As more of the coins ship out and as supply increases, I would not be surprised if values drop.

    I was debating whether to buy the gold Superman coin, but decided against it. The diameter of the coin is small — just 27 mm, or about 1 inch. (Considering my age, I would need a magnifying glass to appreciate the details). Further, the coin is 14 K (not 22K or 24 K) gold.

    I have a limited budget for hobbies, including coins. Most of the “special” (not-intended-for-circulation) international coins (e.g., Canada, Australia, and the UK) I have purchased have lost value — they don’t hold up well with time on the secondary market. And I’ve decided that I won’t chase coins that I think might appreciate in value.

    I still hold onto the belief that if you buy what you like despite the cost, you’ll have a coin you’ll enjoy even if its value drops. And if the coin appreciates in value, then it’s an added bonus.

  8. Schalk says

    The 2500 “missing” Royal Birth Proofs were graded by NGC with 2206 graded PF70 UCAM and the rest PF69 UCAM. How’s that for a devaluation stint!

  9. fmtransmitter says

    The future of this hobby Schalk. As long as these slabs are bringing the big bucks, they will continue to create new labels and corner the markets on new releases. It is sad in a way AND it is good in way, depending on how you view it. NGC did not buy these, a Dealer did and submitted them.

  10. Schalk says


    I agree with you, the problem is that it takes the fun out of submitting one’s own coins for grading. Too many of these coins were graded PF70 and I personally don’t believe that 88.2% of the 2501 coins submitted qualify for “perfect” status – unless they were handpicked for the dealer. I will not be surprised if the extortion sale for these hits us soon!

  11. fmtransmitter says

    Exactly, like if I owned a business and I had buyer “A” come in and spend a few hundred dollars and I had buyer “B” come in and drop a hundred grand at a time I couldn’t help but be bias…

  12. fmtransmitter says

    I see these TPG’s slowly providing inferior service to individuals to discourage them from resubmitting and gradually forcing people to make the switch to just buying graded coins from the dealers. I already read it and see it happening. It is a win win for the TPG’s and the big Dealers…That is the sad part about it.

  13. fmtransmitter says

    IMHO ANACS deserves the nod from the ANA to be the Official Grading Company.They are the oldest, most accurate, unbiased, AND paid their dues!

  14. fmtransmitter says

    On another note, it does not surprise me about the quality of the St. George coins and the quality of items made in England. I have no doubt about their quality control and their ability to melt a product that they feel is not up to their standards. They are really making a push to get into the Numismatic market and gain respect. The British pound is not the highest value currency for nothing. Again, IMHO….

  15. Samuel says

    i notice one thing from the royal birth coin, actually i noticed it before from older proof britannias, the capsules are loose, u have to twist it a little bit to make it tight. i just realize this from the royal birth coin. i know the 5oz panda capsule is like that, but i dont know 1oz capsule also needs that.

  16. VABEACHBUM says

    “The Grizzly” coin has been made available to the public at the RCM web store. I just finished ordering my two coins.

  17. Dan in Fla says

    I got my order in for three coins but not without waiting on hold for 30 minutes. Their computer is having trouble so the wait was well worth it. I can’t wait to see these bad boys in person. Just in time for Christmas.

  18. Wes says

    I believe the Royal Birth coin I received should get a 70 if I were to send it in for grading. The Royal Mint in my opinion did a wonderful job and produced a top quality coin. Only 10,000 were minted. Mints are getting better at reducing flaws. That’s why I leave mine in OGP. Just assume 80 percent are PF 70 then why pay more to have someone tell you it is perfect. If a dealer has graded all the 2500 coins I expect to see them within the next six weeks for a nice premium over what I paid from the Mint. I think it may be the Govmint but that is only a guess. When I first contacted the RM they told me that Govmint is a distributor for Royal mint coins in the US.. I wasn’t happy to hear that as I checked and their prices to me are very expensive.

  19. VABEACHBUM says

    @ Wes – Like you, I sincerely hope it isn’t GovMint. Both they and NewYorkMint operate out of the same facilities in Minnesota. If you look at their respective websites, they are nearly identical with the exception of “Insert Company Name Here.”

    For each of them, the pricing is attrocious. And if they have the lock on US distribution of any product, but especially for TPG coins, ya better grab your knickers and hold on!!

  20. Hidalgo says

    The Canada 2014 Wildlife in Motion “The Grizzly” $100 Silver Coin is now available for purchase by the general public.

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