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The Royal Canadian Mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The Mint designs and manufactures: collector coins; gold, silver and platinum bullion coins; customized medals, tokens and trade dollars; and watches and jewellery featuring coin designs. It also offers gold and silver refinery and assay services.

The President and Master of the Mint is the senior executive officer of the organization. The Mint operates under the legislative basis of the Royal Canadian Mint Act. Among the Mint's technical innovations are its plating process, and the world's first coloured circulation coin, the 2004 Remembrance Day 25 cent piece. Further innovation was achieved with the adaptation of the Physical Vapour Deposition (PVD) technology to coat its dies, extending the life of the die beyond that of past chrome coated dies.

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Did you know...

• ...that Mount Burgess is nicknamed the Ten Dollar Mountain because it was featured on Canadian currency?
• ...that the American Buffalo gold bullion coin was the first .9999 fine 24-carat gold coin released by the United States Mint?
• ...that the Alabama centennial half dollar was the first commemorative coin minted with the image of a living individual?
• ...that Aksumite currency was the only native coinage to be issued in Africa without direct influence by an outside culture like Roman, Greek, etc...?
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The Canadian Silver Maple Leaf is a series of silver bullion coins issued by Canada. It has a static design every year and comes mostly in 1 troy oz of silver. Variations for this coin includes proof, privy marks, colored maple leaf and holographic enhancement. The face value of the 1 oz coin is 5 Canadian Dollar, the highest among other silver bullions. The purity of the coin is 99.99% silver, also the highest among other bullions which have a 99.90% standard. The program started in the 1988 and is still going strong today. The coin is struck by the Royal Canadian Mint.

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Numismatic terminology

• Bullion - Precious metals (platinum, gold and silver) in the form of bars, ingots or plate.
  
• Error - Usually a mis-made coin not intended for circulation, but can also refer to an engraving or die-cutting error not discovered until the coins are released to circulation. This may result is two or more varieties of the coin in the same year.
• Exonumia is the study of coin-like objects such as token coins and medals, and other items used in place of legal currency or for commemoration.
• Fineness - Purity of precious metal content expressed in terms of one thousand parts. 90% is expressed as .900 fine.
  
• Notaphily is the study of paper money or banknotes.
  
• Scripophily is the study and collection of stocks and Bonds.
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Numismatic News

January 1, 2008 Venezuela launched a new currency with the new year, lopping off three zeros from denominations in a bid to simplify finances and boost confidence in a money that has been losing value due to high inflation. The new currency is called bolívar fuerte or "strong bolívar". Officials also say it is part of a broader effort to contain rising prices and strengthen the economy. More...

January 1, 2008

Today at midnight, the Cyprus and the Malta adopted the euro as their official currency; less than four years after their accession to the European Union. The single currency has replaced the Cypriot pound and the Maltese lira at a rate of one euro to 0.585274 Cypriot pound and 0.4293 to the Maltese lira. In both countries the euro was welcomed with outdoor celebrations, including a fireworks display in Malta's capital Valletta. More...

September 26, 2007

Designs for three of four themes proposed for the reverse of 2009 Lincoln cents to honor Abraham Lincoln's life were endorsed by the Citizens Coinage Advisory Committee. More...

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