The Royal Canadian Mint (the RCM) was originally set up as branch mint for the British Royal Mint, to refine gold being mined in the Yukon. Up until 1908, all Canadian circulation coins were struck in London, but all changed in the early 1900’s. By 1911, Great Britain needed to fund its pending war with Germany and so set up a gold refinery in Ottawa, which was then a part of the British Empire.

The Ottawa Mint was founded, initially as a refinery. Around the same time, the new Ottawa Mint started to produce gold coins with the word CANADA on one side, with the Canadian coat of arms, as the new nation began to evolve.

The Ottawa Mint continued as a branch until 1931 when Canada ceased to be a British dominion and the Royal Canadian Mint was formed.
In 1974 the RCM launched a 24 karat gold coin with a Maple design in the highest level of purity at the time, at 99.99% gold. The coin became an instant success among investors; a silver 1oz ‘Maple’ was launched in 1988, paving the way for a global rollout of what has become an iconic design and investment option for precious metal investors.
Today, the Royal Canadian Mint produces circulation and bullion coins and bars and is regarded as one of the leading mints of the world.

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