Mint has lucrative business model
Reading over the Royal Canadian Mint’s (RCM) 2013 report reminded me of just how much the business of making coins has changed in just a few years. Continue reading →
Category Archives: Editorial
Mint enjoys record sales year
Bullion was a bigger seller for 2013, with the sale of gold maple leaf coins up nearly 50 per cent over the year before.
The Royal Canadian Mint (RCM) enjoyed another record year driven by sales in bullion, collector coins and producing coins for foreign clients Continue reading →
Melt softens gold purge’s impact on coin series
However, for the most part, the collecting hobby agreed that there were thousands of gold coins sitting around waiting to be sold. The concern was always what would happen if these ever entered the market. Now using the Royal Canadian Mint makes sense; it is a Crown corporation, so there is no way there can... Continue reading →
Hobby can benefit from penny’s doom
The impending removal of the 1-cent coin from circulation, while inevitable, is still lamentable for coin collectors. For the first time in living memory, an entire coin denomination will cease to exist. It may be a bit of a stretch to compare this with the introduction of decimal currency of the 1850s, but in the... Continue reading →
A tale of two monetary systems
By the end of this year, all of our notes will be printed on polymer, and “paper” money will be fast vanishing, the 1-cent coin will be gone, and virtually all of our coins will be less than 15 years old. I can’t think of a time since the days of Queen Victoria when our... Continue reading →
Circulating penny rides off into the sunset
As I write this piece, the humble 1-cent coin sits silently on death row. By the time you read this, the Royal Canadian Mint and the coin-distribution system will no longer be shipping the coin. Not only that, but they will start recalling them, and business will be expected to round transactions off to the... Continue reading →
Canada’s cent slinks away into the annals of history
It seems that almost nobody had any strong objections. There was no public outcry, no desperate last-minute effort to keep the former workhorse of Canadian coins, and I have not even heard a single complaint at any of the stores where I have transacted business since Feb. 4. It seems that we collectors, who mostly... Continue reading →
Canada’s coin-collecting magazine goes digital
While the digital version will be pretty much the same as the print version, except for hot links inside ads and editorial content, I do believe that electronic content offers a much better experience for the reader. I’m not talking about gimmicks, such as virtual reality games that almost nobody plays. I see opportunities for... Continue reading →