In September 2020, the Royal Canadian Mint announced some changes to the way numismatic coins are treated for tax purposes. These changes only affect a subset of coins, particularly those with substantial embellishments beyond a typical coin. Understanding the new treatment and how it affects your numismatic purchases can help you be better prepared for the future of coin collection. What Has Changed? Per the announcement, starting September 28, 2020, the RCM began considering some numismatic coins to be no longer tax-exempt. The coins included in this change have been modified to an extent that they are no longer “financial…
Royal Canadian Mint
Imposing Icons Coin Set: Embracing Canada’s Diverse Wildlife and Natural Beauty
The beauty and majesty of Canada are found in its awe-inspiring landscapes, but the rare glimpse of meandering wildlife also speaks to the spirit of the untamed wilderness. The 50 mm diameter, 2 oz, pure silver coins that make up the Imposing Icons series are a celebration of the natural serenity and uniqueness of the Canadian outdoors. The coins feature exquisitely engraved backdrops for the colour animal portraits that take centre stage. Unlike other animal collections that feature a side view of the animals, the Imposing Icons Canadian wildlife silver coins feature forward-facing portraits, providing collectors with more personal and…
New Floral Emblems Releases Feature Mayflower and Purple Violet
The Floral Emblems of Canada coin set from the Royal Canadian Mint celebrates the country’s 10 provinces and three territories with an exquisite pure silver piece featuring the floral emblem of each. Vintage silver jewellery was an acknowledged influence on the design. Artist Lisa Thomson-Khan used bold strokes and vibrant colours to recreate a Victorian style of painting on each portrait. The reverse proof finish gives a velvety-looking finish to each portrait and its elegant black background while adding sparkle to the surrounding silver filigree. The coin set is a lesson in Canadian history, as the RCM is releasing each…
Royal Canadian Mint Releases 2021 Year of the Ox Gold Coin
The Royal Canadian Mint celebrates the customs of the Lunar New Year with special gold commemorative coins. Chinese lunar coins honour this important cultural event and bring elements of the celebration to the people of Canada. Colonial Acres Coins offers a variety of gold coins for collectors or those looking for a unique gift to give in 2021. This is the Year of the Ox, and the Mint has released a gold coin in honour of this impressive creature and symbol on the Chinese zodiac. Find out what makes this symbol so unique and special on these collectible coins. The…
New 2 Circulation Coin Honours Canadian Artist Bill Reid
The artistic traditions of the Indigenous people of Canada have not only shaped their heritages but enriched the lives of everyone in the country. Bill Reid was a Canadian artist who bridged cultures by reintroducing Haida art to the world in a classical form. His sculptures, including monumental totem poles, are now recognized around the world. Known as Iljuwas to the Haida nation, Reid died in 1998 at the age of 78. To celebrate the 100th anniversary of his birth this year, the Royal Canadian Mint is releasing new $2 circulation coins featuring one of his most famous designs. Biography…
Coin Gift Sets: 2020 Is a Year We Will Never Forget
In January, as we rang in the new year, no one could have anticipated the crazy ups and downs of 2020. From the Australian fires to the pandemic and all the swings in between, 2020 is shaping up to be an unforgettable year. If you’re looking for a gift to lift the spirits by commemorating a special event, a coin set from the Royal Canadian Mint can be just the thing. 2020 Baby 6-Coin Gift Card Set Getting a baby a long-lasting gift celebrates the birth in a memorable way. Our 6-coin gift card set includes uncirculated Canadian coins, including…
Things to Consider When Buying Gold Coins as an Investment
With so much uncertainty in the world today, you may be looking to diversify your investment portfolio by buying gold coins. There are many reasons why gold makes an attractive investment. It is tangible, portable, easy to sell, and holds timeless value. Of course, you could purchase gold in many forms, including bars or ingots. Nevertheless, when you buy gold coins, you can take advantage of some important benefits. Gold coins are easier to store because they take up relatively little space compared to other forms of bullion. With their attractive designs and finishes, gold coins also offer aesthetic value….
5 Easy Steps To Becoming a Coin Collector
If you’re looking for a unique, fun and simple hobby that could also help your investment portfolio, coin collecting may be just the thing. Collecting coins is a great way to learn more about different aspects of history and culture. This hobby also makes people feel like treasure hunters as they search for the most valuable and rarest coins. Here are the five steps we at Colonial Acres Coins recommend you take if you want to get started on collecting coins. 1. Learn the Terms Before going out and purchasing any coins, you should first learn the basics of coin…
Silver Coin Shares the Mystery Behind Franklin’s Lost Arctic Expedition
In 1845, Englishman Sir John Franklin and his crew set off on their fourth expedition to the Arctic in search of the Northwest Passage. Little did they know it would be their last. Their two ships, the H.M.S. Terror and H.M.S. Erebus were lost and never found by the more than 90 subsequent rescue expeditions. The ultimate fate of the expedition remained a mystery until 2014 when the Erebus was finally located by a technologically equipped Canadian mission. In honour of the expedition and in celebration of the discovery, a limited set of silver commemorative coins has been released by…
Ontarios White Trillium Floral Emblems of Canada Coin Set
Nearly every year, the Royal Canadian Mint releases some special, commemorative coins that reflect something unique and significant about Canada. Some of these have marked major anniversaries, and others have celebrated the culture. In 2020, one of these coins features the white trillium, a symbol of Ontario. The White Trillium of Ontario The white trillium is the official flower of Ontario and was adopted in 1937. Its blossom has three large, white petals with golden-yellow stamen in the center. The flower famously blossoms early, heralding the arrival of spring. Additionally, the sun-loving flowers point toward the sun throughout the day…
