News
NCLT coins are the key to Mint profits
Ever since the Royal Canadian Mint (RCM) started selling gold and silver on the commodities market they have been required to file additional reports. Such reports, intended to inform people buying those popular Exchange Traded Receipts (ETR), are not packed with the sort of detail that collectors would love, such as detailed monthly coin mintages,... Continue reading →
Maplegrams offer small-scale bullion
The maple family now includes a one-gram issue.
The Royal Canadian Mint has released a new entry-level bullion coin, the gold maplegram. Introduced on Sept. 24, the one-gram gold coin has the same design as other members of the gold maple leaf (GML) family, but has a face value of just 50 cents. As with other gold maples, it has a purity of... Continue reading →
Waychison recognized by ANA at opening ceremonies
William Waychison, right, receives the ANA Presidential Award from President Walter Ostromecki, left, at the recent World’s Fair of Money in Chicago. They are surrounded by members of the Canadian numismatic community, including, back from left: Clifford Miesher, France Waychison, Brett Irick, Bill Cross, Dan Gosling and Paul Johnson.
A former past president of the Royal Canadian Numismatic Association (RCNA) has received singular recognition by the American Numismatic Association (ANA). A “shocked” William Waychison stood in disbelief on the podium when ANA president Walter Ostromecki made the announcement during the opening ceremonies of the recent World’s Fair of Money in Chicago. Waychison, the immediate... Continue reading →
Canadian circulation coins have come a long way in 25 years
I don’t think I’d be going out on a limb if I said that most of today’s collectors started out with pocket change. I have told before the story about how I went through the family penny jar, or in our case a tube that originally contained some sort of rye, sorting out coins and... Continue reading →
Alloy recovery program keeps Canadians’ pocket change fresh
Coin sorting machines such as those owned by Coinstar, are at the front line of a program to remove older coins from circulation.
Thanks to a little-known program operated by the Royal Canadian Mint, Canadians may have the newest coins in their pockets at any time since Confederation. Called the alloy recovery program, it is system where older-composition coins are culled out of circulation and replaced with new versions. The old coins are mutilated and then melted for... Continue reading →