Latest news
Changes in 1$ and 2$ coins composition
Friday, March 5, 2010
Mr. Flaherty announced yesterday in the budget that Ottawa will proceed to make cheaper Canadian coins, replacing the predominately nickel-based $2 and $1 coins with steel.
The Globe and Mail
Bank of Canada to Issue New Bank Notes
Friday, March 5, 2010
As announced in yesterday's federal budget, in 2011 the Bank of Canada will begin to issue a new series of bank notes printed on a polymer material. The new notes will incorporate innovative security features to significantly increase their protection against counterfeiting.
The polymer material will last longer than the cotton paper currently in use, resulting in lower overall production costs and reduced environmental impact.
Source: Banque du Canada
A coin for a gold medal
Monday, February 15, 2010
The Royal Canadian Mint celebrate Canada's first Olympic gold medal on home soil with a medallion and commemorative coin. The first gold medal has been won by Rosemere, Quebec's Alexandre Bilodeau in freestyle skiing.
The gold-plated commemorative medallion, which depicts an athlete with arms raised in victory, includes a special souvenir medallion plus nuggets from Teck Resources containing metals from the actual making of the Vancouver 2010 medals. This coin retails for $24.95.
The Mint has also produced a 22-karat gold $200 Olympic Gold Coin. Designed by Halifax artist Bonnie Ross, this coin features a design of four athletes in various celebratory poses. Limited to a mintage of 2,010, this coin retails for $989.95.
The Olympic Games movement encourages all athletes to do their absolute best during competition and to view this effort as its own victory. The Mint congratulates Alexandre Bilodeau for his unprecedented victory and all members of the Canadian Olympic Team for their lifelong dedication to sport and for bringing the country together to watch each thrilling moment of the Vancouver 2010 Olympic Games.
- Ian E. Bennett, President and CEO of the Royal Canadian Mint
Across the country, Canadians are celebrating the heroic efforts of our athletes. Alexandre Bilodeau's performance will be forever burned into our national memory as the first Olympic gold medal won on our home soil.
- Minister of State Rob Merrifield
1 cent 1943 US sold $207 000
Monday, February 15, 2010
At Heritage Auctions, auction conducted from February 4 to February 7, a 1943 copper-based alloy cent sold for $207,000. In 1943, the vast majority of US 1-cent coins were produced in steel.
The cent is a VF-35 as graded by the PCGS and is one of the 7 similar coins known until today.
A 20 000 dollars collection stolen
Monday, February 15, 2010
Police are searching for a thief who stole a coins collector. It happens in Scarborough, Ontario. The collection issuing nations include the United Kingdom and the United States.
The collection was stored in the basement of her house. The victim last remembers seeing the coins on Wednesday afternoon. On Saturday, she noticed that it was gone.
- Policeman
The collection is valued at about $20,000.
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