- Country:Canada
- Collection:Gold Commemorative $100000
- Metal:Gold
- Year:2011
- Denomination:$100000
- Finish:Proof
- Weight (oz):321.507
- Purity:0.9999
- Mintage:20
- Product type:Coin
Description and rationale
There are only two known types of 10 kg gold numismatic coins presently being produced in the world. One is produced by the Central Mint of China and the other by the Perth Mint; however, both are composed of 99.99% gold as opposed to 99.999% gold. The RCM's 10 kg gold coin would be the world's purest gold coin featuring this new denomination. The production of this coin would not only create market visibility for the RCM but would also strengthen its position as the purest gold coin producer in the industry.
The 10 kg gold coin would be sold in Canada and internationally by the RCM and would be used by the RCM for advertising and promotional purposes at national and international coin shows
(and more)
Consultation
The form of consultation used was discussions with the RCM's Masters Club members, coin dealers and distributors who expressed a strong interest in this unique coin as they felt that this coin would create the same type of heightened interest and sales that the $1,000,000 gold bullion coin created in 2007.