New Issue: RCM issues its first ever coin made of Nunavut-sourced gold

The Royal Canadian Mint issued its first collectible coin crafted entirely of Nunavut-sourced gold today.

Designed by Inuk artist Andrew Qappik, the reverse highlights the walrus, ptarmigan, polar bear, bowhead whale and narwhal, each of which are framed within the outline of a maple leaf. In another innovation, the one-tenth-ounce gold coin, “Symbols of the North,” is struck on newly developed blanks that are thinner and wider than previous coins but with the same relief, allowing for a larger canvas for the Arctic-themed design. The obverse features the effigy of Queen Elizabeth II by Susanna Blunt.

“In anticipation of Nunavut’s 20th anniversary, the Mint is very pleased to celebrate the beauty and talent that Nunavut and its people add to the Canadian fabric,” said Chris Carkner, Mint vice-president of sales. “From the responsibly-mined gold, to the artist and his design, Canadians can be proud of this 100% Canadian coin.”

The coin is crafted from 99.99 per cent pure gold mined in Nunavut at the TMAC Resources’ mine at Hope Bay and by Agnico Eagle Mines’ Meadowbank mine near Baker Lake, Nunavut.

“We are honoured that gold from our Meadowbank mine is part of the Royal Canadian Mint’s special Symbols of the North collectible gold coin,” said Sean Boyd, vice-chair and CEO of Agnico Eagle Mines. “Our Inuit employees, suppliers and partners can all take great pride in knowing that they have participated in making this unique coin that celebrates their heritage and culture.”

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