Royal Canadian Mint New Coin Release and Bullion Product

The Royal Canadian Mint has recently launched a new pair of gold and silver coins for the occasion of the first birthday of Prince George and announced the availability of a new silver bullion product.

Royal Generations Silver Coins

The new coins feature a portrait of Queen Elizabeth II with three generations of heirs to the British throne: Prince Charles, Prince William, and Prince George. The design by Canadian artist Cathy Sabourin is inspired by Prince George’s official christening photos taken in October by Jason Bell. Adding a unique Canadian element, the Queen’s broach which in the photo depicted a basket of flowers is shown as a maple leaf. The inscriptions include “Canada”, an indication of the denomination, and the “2014” date next to an arrangment of four maple leaves.

The obverse design of the coin carries the portrait of Queen Elizabeth II designed by Susanna Blunt.

A 99.999% pure gold proof coin is available which carries a face value of $200 Dollars. Each coin has a weight of 31.16 grams and diameter of 30 mm. The mintage is 350 pieces.

A 99.99% pure silver proof coin is also available, carrying a face value of $20 Dollars. Each coin has a weight fo 31.39 grams and diaemter of 38 mm. The maximum mintage is 10,000 pieces.

Both coins can be found as the most recent entries in the new releases section of the Royal Canadian Mint website.

10-oz-silver-bar

The new bullion product is a 99.99% pure 10 ounce silver bar. The bars are struck, rather than cast and offer a higher level of quality, purity, and security than other comparable products on the market.

The 99.99% purity of the bars is higher than the 99.9% purity typically encountered for silver bullion bars. The security features include a finely reeded edge as well as a unique serial number. Each bar is packaged within an individual vinyl sleeve.

As with other bullion products, these are sold through a network of bullion distributors. Shipping began this month with some bullion dealers showing availability in early August.

Starting this year, the Royal Canadian Mint introduced new security features and enhancements to their flagship silver bullion coins. They now also seem to be “raising the bar” for silver bullion bars.

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Comments

  1. VaBeachSteve says

    Not sure how I feel about this one but I got both coins anyways. I have to keep my “George” set complete.

  2. John Shaeffer says

    from Coin Update:

    ” The birthday is also significant as there are presently four generations of Monarch & heirs alive simultaneously which has not occurred since the birth of King Edward VIII in 1894. At that time, his Great-Grandmother Queen Victoria, his Grandfather the future King Edward VII and his father Prince George, the Duke of York, later King George V were all alive to welcome his arrival.”

    Too bad this is not second of a series, but based on the rarity of the event and the limited mintage, a very desirable coin, enhanced by the great design.

  3. fmtransmitter says

    staggering at all the offerings on the RCM website…No way one could keep up unless they had unlimited supply of cash to buy this stuff…I am passing due to high premiums and will carefully pick and choose what, if any, I buy from this Mint…

  4. VaBeachSteve says

    I agree FM ….. Lots of coins & high premiums but I’ve been buying every coin associated with George since he was born. Have you seen the prices at the a Royal Mint?? I can barely afford 1 coin a year from there! lol

  5. fmtransmitter says

    Yes I have VaBeachSteve, really high premiums with low returns…I have been in a classic mode lately. Proven track record and minimal loss at best if you need to sell. Must diversify our coin portfolios!

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