The Royal Canadian Mint’s latest “$20 for $20” coin — a silver coin
that is sold at face value, plus shipping — bids “Farewell to the Penny.”
The piece is the fifth Specimen Finish .9999 fine silver $20 coin
in a series that began in 2011, with each coin featuring a different
theme. The new design celebrates Canada’s 1-cent coin, which will no
longer circulate after Feb. 3.
The RCM will begin shipping the 2012 Farewell to the Penny .9999
fine silver $20 coin on Sept. 20. The coin was announced Aug. 23, with
orders now being accepted.
Jesse Koreck’s commemorative design shows the iconic George E.
Kruger-Gray maple leaf-twig design that has appeared on all 1-cent
coins since 1937 (except for the 1967 Centennial design), but gently
landing on water, as at the end of the season.
Specifications, face value, the date, CANADA and Koreck’s JK
initials also appear in the fields.
The obverse features the Susanna Blunt effigy of Queen Elizabeth
II, used for the first three coins in the $20 for $20 series. The
Farewell coin follows the Queen Elizabeth II Diamond Jubilee coin
released in May (which shows Mary Gillick’s effigy of Queen Elizabeth II).
The first three designs honor the maple leaf, Canadian voyageurs
and the polar bear.
Like the previous four coins in the series, the latest .9999 fine
silver $20 coin contains 7.96 grams of pure silver (slightly more than
a quarter-ounce) and the coin measures 27 millimeters in diameter.
All of the $20 for $20 coins have a Specimen Finish.
The mintage limit for the Farewell coin is 250,000 pieces,
unchanged from the mintage limits for the last three coins. The Maple
Leaf coin, the first in the series, had a mintage limit of 200,000 pieces.
Sales of the first release were restricted to Canadian residents,
but all subsequent releases have been opened to U.S. sales.
Although the coins are being sold at face value, buyers must pay
shipping fees. Shipping costs vary, ranging from $2.99 to $15,
depending on method and delivery time.
RCM officials say that a holiday theme will appear on the next
coin in the series, due for release in November.
Collectors can order the coins through the www.mint.ca website or via telephone.
Telephone the RCM at 800-267-1871 or a dedicated phone line for the
$20 for $20 coin, 800-267-1005.
The U.S. prices for collectors in the United States buying
directly from the RCM fluctuate with the exchange rate, calculated at
the time of purchase
Distributors in the United States and Canada may also stock the
coin, but they would establish their rates.
Gatewest Coin Ltd., Brian Jenner Inc. and Talisman Coins are all
official distributors for the RCM.
To contact Gatewest inside the United States, telephone the firm
at 204-489-9112 or visit it online at www.gatewestcoin.com.
Write to Jenner at P.O. Box 2466-a, Pasco, WA 99302 or telephone
him at 509-735-2172.
Contact Talisman by visiting the site www.talismancoins.com,
telephone the business at 888-552-2646 or fax the company at