Details, Explanation and Meaning About Royal Canadian Mint

Royal Canadian Mint Guide, Meaning , Facts, Information and Description

The Royal Canadian Mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The Mint designs and manufactures: collector coins; gold, silver and platinum bullion coins; customized medals, tokenss and trade dollars; and watches and jewellery featuring coin designs. It also offers gold refinery and assay services.

The President and Master of the Mint is the senior executive officer of the organization, reporting to a Board of Directors appointed by the Minister of Public Works and Government Service. The RCM operates under the legislative basis of the Royal Canadian Mint Act.

The Mint has been at the forefront of currency innovation, and mints coins for several countries besides Canada. Among the Mint's technical innovations was the world's first coloured circulation coin, the 2004 Remembrance Day 25-cent piece, with a red poppy on the reverse. [1]

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