OTTAWA, ONTARIO (Commodity Online): The Royal Canadian Mint has announced that its recently launched 'RCMP 99999 pure Gold Maple Leaf bullion coins and 2012 'Cougar' silver bullion coins will be available through the Mints' extensive distributor network, after shipping begins in September.
The two coins form part of its popular Canadian Wildlife 9999 pure silver bullion coin series which was recetnly unveiled at the American Numismatic Association's 2011 World's Fiar of Money in Chicago, Illinois, before an udience of expert coin collectors and long-time distributors of Mint bullion products.
The 2011 'RCMP' gold bullion coin, to be produced on demand, is the fourth issue in a line of one-ounce, 99.999% pure gold bullion coins first introduced by the Mint in 2007. It remains unchallenged to this day as the world's purest gold bullion coin.
The 99.99% pure silver, 2012-dated "Cougar" is the third of a six-coin series of silver bullion coins celebrating Canada's Wildlife. It is limited to a mintage of one million coins and three more issues are scheduled to follow (one dated 2012 and two others dated 2013), Royal Canadian Mint said
"The Royal Canadian Mint is proud to continue offering the world's investors an exciting variety of the world's purest gold and silver bullion coins at a time when bullion demand remains at record levels" said Ian E. Bennett, President and CEO of the Royal Canadian Mint. "Issuing products which stand out in the competitive bullion industry has helped the Mint achieve a reputation as the source of the world's purest and most innovative bullion coins and we are pleased that these new coins continue providing customers our trademark quality and purity."
The reverse of the 2011 99.999% pure gold bullion coin features a Royal Canadian Mounted Police officer riding a horse at full gallop, surrounded by a circle of maple leaves, in a classic 1997 design by former Master Engraver Ago Aarand. Its obverse bears the effigy of Her Majesty Queen Elizabeth II by Canadian portrait artist Susanna Blunt and a $200 face value.
The reverse design of 2012 "Cougar" silver bullion coin is the work of Senior Mint Engraver William Woodruff and its obverse features the Susanna Blunt effigy of Her Majesty Queen Elizabeth II. This 99.99% pure silver bullion coin bears a face value of $5.
"It is important to note that Mint does not sell bullion directly to the public. Since the introduction of its first bullion coin in 1979, the Mint only sells bullion in large volumes to a global network of bullion distributors, who have the required infrastructure to sell and buy back bullion on a daily basis, and at real-time market prices."
The Royal Canadian Mint is the Crown Corporation responsible for the minting and distribution of Canada's circulation coins. An ISO 9001-2008 certified company, the Mint is recognized as one of the largest and most versatile mints in the world, offering a wide range of specialized, high quality coinage products and related services on an international scale.
