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History of the Royal Canadian Mint

Founded in 1908, the Royal Canadian Mint was established in Ottawa as a branch of Britain’s Royal Mint, created to serve Canada’s growing demand for coinage. Prior to its opening, Canadian coins were produced overseas, leading to delays and limited supply. The Mint officially began its operations with the striking of a 50-cent silver piece, symbolizing Canada’s emergence as a financially independent nation. Throughout the 20th century, the Royal Canadian Mint became known for its craftsmanship and cutting-edge technology. It has introduced many “firsts” in the minting world, including the world’s first colored circulation coin and the first million-dollar coin made of 99.999% pure gold.
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🔍 Fascinating Facts About the Royal Canadian Mint

1. It produced the world’s first million-dollar coin.
In 2007, the Royal Canadian Mint struck a 100-kilogram (220-pound) gold coin with a face value of $1 million CAD. Made of 99.999% pure gold, its actual market value far exceeds its face value. Only five were ever sold!

2. It holds a Guinness World Record.
The Mint produced the world’s largest coin—the same million-dollar gold coin mentioned above—earning it a Guinness World Record for size and purity.

3. It strikes coins for countries around the world.
Over the years, the Mint has produced circulation coins for more than 75 countries, including Barbados, New Zealand, and Norway.

4. It was once part of the British Royal Mint.
When it was established in 1908, the Royal Canadian Mint operated as a branch of Britain’s Royal Mint. It became fully independent in 1931, forming the distinct institution we know today.

5. It makes more than just coins.
In addition to coins, the Mint produces military medals, collector medallions, and even precious metal investment bars. It also refines and processes gold and silver.

6. It uses leading-edge coin security technology.
The Royal Canadian Mint pioneered Multi-Ply Plated Steel technology, which helps prevent counterfeiting. Their circulation coins are among the most secure in the world.

7. The Mint is split across two locations.

Ottawa: Where numismatic (collector) coins, medals, and precious metal refining are handled.

Winnipeg: Where all Canadian circulation coins are produced, as well as foreign coins.

8. It created the first colored circulation coin.
In 2004, the Mint released the world’s first colored circulation coin, a red poppy-themed 25-cent coin honoring Canada’s veterans.

9. It struck Canada’s first coins with Indigenous designs.
The Mint frequently honors Indigenous history and culture. It has produced coins showcasing Inuit art, the Métis sash, and Haida legends, promoting reconciliation and national heritage.