The Royal Canadian Mint, known in the industry simply as “RCM”, is one of the most popular producers of gold and silver bars and coins. RCM has plenty of precious coins and investment grade bullion available for investors who want to get into the precious metals industry. Backed by the experience and expertise of a proven fabricator, RCM delivers uncompromised quality to investors from all over North America.
Background
Originally established as a domestic coin production facility in 1908, RCM added its first precious metal refinery in 1911. Then, in 1936, a larger refinery was added specifically to process gold. Over the years RCM has become a trusted name in the industry, and its products are lauded by investors, collectors and enthusiasts as exquisite items.
The Royal Canadian Mint has issued 99.99% gold bars since 1969, and 99.99% gold coins since 1982. In 1989 the RCM became the world’s first mint to achieve 99.999% pure bullion. The Canadian mint is also a Guinness World Record holder, minting the world’s largest precious coin, a 100kg gold coin of 99.999% purity, valued at over $1 million.
Products
Nowadays the RCM does not sell bullion to the general public, but rather focuses its sales efforts on institutionalized entities, such as coin dealers, banks, exchange offices and brokerage firms. RCM offers a wide range of bullion coins, including the rare 25th Anniversary gold sets, different sizes of Maple Leafs, 1/25thoz coins, 18-karat Year-of-the-Snake collectible coins, 1Kg Robert Bateman Moose, 1Kg Battle of Queenston Heights, 1913 $10 gold coins, and many more for all tastes and occasions. If you want to make an investment in physical gold, there are a number of reputable dealers that offer coins from RCM.
Besides gold and silver Maple Leafs, the 1 oz RCM gold bar is one of the most popular products available from this mint. Between coming from an extremely reputable provider and having some of the lowest premiums for .9999 fine gold, the RCM 1 oz bar is preferred by physical gold investors over most other brands.
Maple Leaf
The Canadian Gold Maple Leaf coin is the flagship product of RCM, and is one of the most popular coins with investors and collectors alike. The premium coins are ornately-designed, and contain one ounce of 99.99% pure gold. Guaranteed by the Royal Canadian Mint, the coin is stamped with weight and purity, instilling confidence in purchasers. Single coins come in a protective plastic casing; multiples of 10 are packaged in mint tubes and multiples of 500 are packaged in monster boxes.
The 1 oz Canadian Gold Maple Leaf, by the RCM
Considered by many the most beautiful gold coin in production, the obverse of this 24-karat gold coin depicts Queen Elizabeth II, while the reverse features the most iconic and ubiquitous graphical motif of Canada, the maple leaf.
Since its introduction in 1979, the five sizes of the Canadian Gold Leaf (1oz, 0.50oz, 0.25oz, 0.10oz and 0.05oz) have gone on to become the some of the world’s most beloved coins. The coins are 100 percent guaranteed by the Government of Canada for gold metal purity and weight.
Premiums
In gold trading, products are sold at premiums, and the amount depends on the reliability and acceptance of the company that manufactured the ingot and, if purchasing through a reseller, the discretion of the dealer. RCM gold products carry reasonable premiums, making them affordable options for investors and collectors.
It is important to note that bullion collector coins–ones made in limited quantities–are subject to much higher premiums that non-collector bullion. Make sure you understand what type of bullion coin investment you intend to make, before purchasing.
Typical retail premiums for 1 oz gold RCM bars are roughly $25-$40 over spot per ounce, while gold Maple Leafs typically sell for $40-$50 over spot per ounce. These premiums are in line with many other providers, and the RCM products’ wide availability makes them popular amongst individual investors.