In 2016 the Royal Canadian Mint offered 220 collector products, making up 284 coins, with the cost of acquiring one of every item totalling $529,162, the first time that number has crossed the half a million dollar mark. The number of issues is down slightly from the previous year when the Royal Canadian Mint offered 225 products, but the actual cost is up from last year`s $339,858. One reason for the difference is the addition of an additional one gold and two silver kilogram issues, and a general increased price of the popular one and two ounce silver coins. Collectors generally shun the low-mintage gold and silver kilogram series. The four gold and five silver kilogram coins issued in 2016 had a total cost of $329,858. In 2015 the RCM issued three gold kilogram coins and three silver kilogram issues with a total cost of $213,889. When the kilogram issues are removed, the cost of the remaining issues of 2016 comes in at $199,304, comparable but still higher than the $125,000, the previous year. Continue reading →
The addition of one more gold and two more silver kilogram coins has helped push the cost of buying one of each coin produced by the Royal Canadian Mint over the $500,000 mark for the first time in its history.
