ETRs are listed on the Toronto Stock Exchange (TSX) under the trading symbols “MNT” and “MNT.U” for gold, and “MNS” and “MNS.U” for silver. We have issued ETRs under our Canadian Gold Reserves and Canadian Silver Reserves programs, which provide holders with direct legal and beneficial ownership in physical bullion held in the custody of the Mint at our facilities. The Royal Canadian Mint’s gold and silver ETRs provide investors with a secure, convenient and low-cost direct investment in physical gold or silver. Non-circulation coins are launched through various marketing activities including coin events, catalogues and direct marketing.
All coin products are subject to Government approval:.Any text on a coin must be in both of Canada’s official languages.Be appropriate to the currency of Canada and commemorate, celebrate, or promote Canada by depicting themes of significance to Canadians.Reflect Canada’s heritage, values and culture.The Royal Canadian Mint’s marketing team conducts bi-annual market research to evaluate themes and their emotional and commercial appeal with our coin buyers.A formal response is drafted and sent, in order to confirm receipt of suggestion.You understand and agree when you submit your coin theme suggestion to the Royal Canadian Mint that: (1) your coin theme suggestions and their contents will automatically become the property of the Royal Canadian Mint, without any compensation to you (2) the Royal Canadian Mint may use or redistribute coin theme suggestions and their contents for any purpose and in any way (3) there is no obligation for the Royal Canadian Mint to review these coin theme suggestions (4) there is no obligation to keep any submissions confidential and (5) you are not violating any agreement or understanding you have with another party, including current or former employer. Any relevant promotional activity surrounding the theme or anniversary.If a theme is tied to an anniversary, the submission should be made at least two calendar years out as product marketing and production plans are developed well in advance.Theme or anniversary and any relevant dates or celebratory events.In order to properly evaluate a submission, it is suggested that the following information be included:
We receive many suggestions for coin themes every year and base our design selections on several criteria. In the event a bank branch is unaware of this procedure, customers are advised to contact us with the coordinates of the bank branch, we will take steps to inform the branch of the redemption process.Īs collector coins can only be redeemed at face value by businesses and financial institutions willing to accept them, it is recommended that individuals wishing to sell a collector coin first consult with a coin dealer, who is more likely to offer a price above face value. We have a process in place to reimburse financial institutions the face value of redeemed NCLT coins, once they have accepted them from a customer and returned them to the Royal Canadian Mint. As such, these coins are not intended for daily commercial transactions and accepting them as payment or for redemption is at the discretion of businesses and financial institutions. However, unlike Canadian circulation coins, collector coins are non-circulating legal tender (NCLT). All coins manufactured by the Royal Canadian Mint are legal tender.
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