Royal Canadian Mint Coin

I am going to the royal canadian mint in winnipeg, what cheap but valuable coin should i get that is around $30

The Special Edition Uncirculated Sets are $23.95 CAD and the Vancouver 2010 Collections are $29.95 CAD. They are both beautiful and a good start to any collection.

2009-07-16 16:30:31 by John S

www.freewebs.com www.forthecause.us tvnewslies.org OTTAWA - Got change for a million? Canada does: the world#39;s biggest pure gold coin at 220 ...

I'm always seeing commercials from the Royal Canadian Mint urging Canadians to collect and keep coins (like the 2010 winter games quarters that are out right now).
Coins that are collected are effectively taken out of circulation and never used as currency so I'm wondering what the Mint (or anyone else) stands to gain from doing this.
There muct be a logical explanation, but I can't figure it out.

Since Canadian coins cost less than face value to produce, every one taken out of circulation means a profit for the Royal Canadian Mint (RCM) and the Canadian government. They are also hoping that some of those new coin collectors will start buying some of the bewildering array of commemorative silver and gold coins that the RCM produces, which is where the real profit for the RCM is.

The United States does the same thing with the state quarters and, now, the presidential series dollars. Mexico issued two complete "circulating" 32 coin sets of state coins with a face value of 100 pesos each, which was about US$9.50 each at the time they were issued, and they just started a circulating set of 5 peso coins with portraits of heroes of the war for independence and the Mexican Revolution which will eventually total 37 different coins. They want collectors to save them, because it's all about making a profit for the mint.

http://www.mint.ca/store/template/home.j sp?lang=en_CA&rcmeid=BWS-SEM-Search_ USA-RCM-BRANDED-EN_Google-USA_T_SEM|K_ro yal%20canadian%20mint|A_3443556931&p dl=1

2008-12-10 06:40:07 by mossboss

Price: $79.95 $40.99

.9999 fine silver
2012 1 oz Silver Canadian Cougar (Wildlife Series)
obverse of the coin bears the Susanna Blunt effigy of Queen Elizabeth II

I'm a coin collector i have over 5000 old coins, but still with all my knowledge I can not find any info on this particular piece!!! Whoever gives me the info and right price i will be very grateful and you will receive all the points given.

The usually reliable pcfleet Canadian coin values page for sets is under construction. There are at least four different 1983 Canadian coin sets though the first link fits your description best, and it is listed for $65CAD. The last link may be helpful for some of your 5000 other coins.

2009-10-07 06:04:53 by Luke Da Fool P

Price: $495.00

Coin contains 1/10 Ounce Fine Gold
Canadian legal tender (face value five dollars)
24K, Guaranteed 0.9999 purity by Royal Canadian Mint

Over 15 million coins are produced each year!

2009-10-12 08:45:41 by D Y 77

the Royal Canadian Mint is making way too many coins. Most of them don't even have pictures to do with Canada on them like 1 has a picture a of Santa Clause on it, another is shaped like a playing Card, there are about 40 different olympics quarters, Hockey team symbols, about 50 different olympic dollar coins, a 20dollar coin with a picture of sharks on it, most of them are not even being circulated and have to be purchased off the Mint. My point is they are making way too many and making it imposable for a Collect to get them all, especially since they are not all being circulated. any thoughts on the subject?

take a look:

http://images.google.ca/imgres?imgurl=ht tp://www.coinnews.net/wp-content/images/ 2009/2008-Canadian-Coins.jpg&imgrefu rl=http://www.coinnews.net/2009/07/page/ 5/&usg=___zq9-ICOd9jm8Zto2dsZr9EEIrQ =&h=226&w=387&sz=18&hl=e n&start=90&sig2=L1I6HxLa6M8ZP1ZM s3m5gA&um=1&itbs=1&tbnid=CmM fT4XKC3SakM:&tbnh=72&tbnw=123&am p;prev=/images%3Fq%3Drare%2BCanadian%2Bc oins%26start%3D84%26um%3D1%26hl%3Den%26l r%3D%26safe%3Doff%26sa%3DN%26rlz%3D1W1AC AW_enCA336CA336%26ndsp%3D21%26tbs%3Disch :1&ei=fK6MS4PGDpXClAfLo7GuDQ

http://images.google.ca/imgres?imgurl=ht tp://www.coincollectingnews.org/wp-conte nt/uploads/2009/09/Top-3-Moments-Feature d-25-cent-Olympic-coins1.jpg&imgrefu rl=http://www.coincollectingnews.org/201 0-canadian-25-cent-coin-designs-selected -by-vote/105662&usg=__TrPL33_Cmw0_v4 ULBKifYqf4Na4=&h=370&w=510&s z=63&hl=en&start=105&sig2=fo XQgr8IrG2vWFKXlRB--g&um=1&itbs=1 &tbnid=T3a5Qi26W6GBLM:&tbnh=95&a mp;tbnw=131&prev=/images%3Fq%3Drare% 2BCanadian%2Bcoins%26start%3D84%26um%3D1 %26hl%3Den%26lr%3D%26safe%3Doff%26sa%3DN %26rlz%3D1W1ACAW_enCA336CA336%26ndsp%3D2 1%26tbs%3Disch:1&ei=fK6MS4PGDpXClAfL o7GuDQ

http://www.coinnews.net/wp-content/image s/pr/RCM/Royal-Canadian-Mint-Latest-2008 -Coin-Products.jpg

(excuse any spelling or grammar mistakes)

It is frustrating for the long-time collector, but the long-time collector is not who they're going after. They are hoping to attract new collectors, and offering a huge variety of choices opens it up to a wider audience. The RCM ( and the US Mint, who is doing the same thing on a much smaller scale) isn't worried about future value as much as they are selling what they have today.

It's completely a business decision, and it's perfectly understandable. Think about it. These mints are government entities. Do they make money from the coins they produce to be used as money? Absolutely not, they lose money. They sell what they produce to banks at face value; production and distribution costs eat that up and then some. But what they produce for the collector market (and don't forget the sizable investor sub-market) is sold for substantial premiums. Wouldn't you, if you were in the business of making coins?

2010-03-01 22:27:56 by bruce the performance artist