Precious Metals

Royal Canadian Mint issues Hawk and Cougar bullion coins

The Royal Canadian Mint has unleashed a Hawk and a Cougar in its annual silver and gold bullion programs. 

Beginning Jan. 29, the RCM started selling the third issue from its biannual Birds of Prey series of 1-ounce silver bullion coins. The same day, the RCM began selling the second issue in its annual Call of the Wild .99999 fine gold $200 bullion coin program.

Officials of the RCM made the announcement of these coins the day before the World Money Fair in Berlin, where such news attracts major attention.

The 2015 silver $5 coin shows a red-tailed hawk descending upon its prey on the reverse designed by Emily Damstra. 

The cougar is one of Canada’s most powerful, elusive and beautiful predators, and appears, growling, on the reverse of the new 1-ounce gold coin, which was designed by Pierre Leduc.

At a fineness of .99999 with a $200 denomination, the gold coin has the highest purity and face value among the world’s 1-ounce gold bullion coins.

The gold coin also features, as an added security feature, a micro-engraved maple leaf design produced using laser technology.

Susanna Blunt’s effigy of Queen Elizabeth II appears on the obverse of both new 2015 bullion coins.

The 1-ounce silver bullion coin measures 38 millimeters in diameter and has a mintage limit of 1 million pieces. 

The gold coin measures 30 millimeters in diameter and has no stated mintage limit. 

Earlier coins 

The four-coin Birds of Prey 1-ounce silver bullion series and the Call of the Wild gold bullion series both debuted during the 2014 World Money Fair in Berlin.

The first silver coin shows the peregrine falcon, and the first gold coin shows a howling wolf. 

The second silver coin was unveiled during the American Numismatic Association World’s Fair of Money near Chicago in August; that coin depicts a bald eagle. The fourth and final silver coin will be announced during the 2015 ANA World’s Fair of Money.

The final Call of the Wild gold coin will be announced during the 2016 World Money Fair in Berlin.

The RCM does not sell bullion coins directly to the public, but uses a set of distributors that both buy and sell the coins to create a two-way market. Unlike the U.S. Mint, the RCM does not publish a complete list of its preferred or authorized distributors. 

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