The world's largest .99999 pure gold coin makes rare appearance in Metro Toronto

$1-million face value, 100 kg Gold Maple Leaf Bullion coin made of the purest gold in the world on display as Royal Canadian Mint distributor Canadian PMX introduces new ways
to invest in precious metals and coins.
Also just released: $100,000 face value, 10 kg .99999 gold collector coin
on display and available to purchase.

RICHMOND HILL, ON, Nov. 3, 2011 /CNW/ - Royal Canadian Mint distributor, Canadian PMX Corp., one of the country's leading precious metals distributors, today launched its world-class public showroom in Richmond Hill, Ontario. In an economic environment where gold and silver fluctuations and record prices have been mainstream news, many investors have still not had any easy place in Canada to participate in this market. As part of its vision to make gold and silver purchasing easy and accessible to all levels of investors, Canadian PMX now offers its customers the opportunity to buy and sell precious metals and coins through the company's highly secure retail store and new web environment, making the process "as easy as buying groceries."

For the grand opening celebrations, the Royal Canadian Mint's $1-million face value, 100 kg Gold Maple Leaf Bullion coin, valued at more than $5 million and made of the purest gold in the world, is available for public viewing in the Canadian PMX showroom today only. Also on display is the 10 kg, .99999 gold collector coin, which has an exclusive low mintage of only 15 pieces (approximate value $675,000) — two of which are currently available for purchase through Canadian PMX.

Steven Bromberg, President and CEO of Canadian PMX, recognized a significant disparity between efficient access to precious metals in the United States and Canada, and he sought to change this. Bromberg explains, "We have established a company where consumers can buy and sell any amount of gold or silver quickly, easily and securely, without the complexities or fees involved in cross-border shipping or dealing with 'big' financial institutions." With the launch of a new online store and the grand opening of the new precious metals and numismatic showroom, Bromberg has now brought his vision to the Canadian public.

The increasing demand for gold and silver within many investment portfolios had left an underserved market for precious metals. "Growing investor interest in precious metals is hardly a surprise," says Bromberg, an expert in precious metals and numismatic collectibles. "Gold tends to be secure when the dollar is not. As national economies, particularly in Europe and the United States, are struggling with heavy debt and out-of-control spending, perceptions regarding the security of paper-based and digital currencies are weakening."

ARE WE HEADING BACK TO THE GOLD STANDARD?
"The history of precious metals being used as currency dates back more than 3,000 years, and gold is recognized for its ability to maintain intrinsic value through all economic cycles," says Bromberg. Security and preservation of wealth are the primary reasons why many financial advisors are now recommending that 10 to 25 per cent of their clients' investment portfolios should be in precious metals. He adds, "until the major economies of the world regain their fiscal balance and strength, gold and silver are likely to remain in demand as an insurance policy and store of wealth for investors."

ROYAL CANADIAN MINT'S "MILLION DOLLAR COIN" AND $100,000 COIN IN METRO TORONTO
The Royal Canadian Mint's 100 kg Gold Maple Leaf bullion $1-million coin, making its first appearance in Metro Toronto, was deemed the world's largest gold coin by the Guinness World Records in October 2007. Valued at more than $5 million, it represents the highest achievement in gold purity in today's bullion market. The Mint is proud to bring this exclusive showpiece to the headquarters of one of its most important Canadian distributors.

"We congratulate Canadian PMX and Canadian Coin & Currency for showing their leadership and innovation in collector coin and precious metal retailing and for putting the customer first by making investing and collecting easier and more enjoyable," says Beverley Lepine, Chief Operating Officer, Royal Canadian Mint. "The Royal Canadian Mint values partners who are committed to excellence, and the world-class showrooms and on-line store launched by Canadian Coin & Currency and Canadian PMX are exceptional platforms for the Mint's industry-leading collector and bullion products."

This 100 kg .99999 pure gold bullion coin was first introduced in May 2007 to showcase the Royal Canadian Mint's line of .99999 pure one-ounce Gold Maple Leaf bullion coins. The reverse of the coin features an elegant maple leaf designed by the Royal Canadian Mint artist and senior engraver, Stan Witten. The coin's opposite side portrays an effigy of Her Majesty Queen Elizabeth II designed by celebrated Canadian portrait artist, Susanna Blunt.

Just newly released and on display will be the 10 kg .99999 pure gold collector coin with a face value of $100,000. Introduced on October 21, 2011, this coin is the world's first 10 kg gold coin crafted of 99.99% pure gold. The reverse features Bill Reid's The Spirit of Haida Gwaii, while the opposite face portrays Susanna Blunt's portrait of Her Majesty Queen Elizabeth II. The exclusive mintage of 15 pieces makes this a unique collector piece, and two of them will be available for purchase through Canadian PMX.

PUBLIC VIEWING: THE ROYAL CANADIAN MINT'S GOLD MAPLE LEAF BULLION COIN
For the Canadian PMX grand opening celebrations, the Royal Canadian Mint's Gold Maple Leaf bullion coin is available for public viewing today at the Canadian PMX showroom, located at 10355 Yonge Street (former Bank of Nova Scotia building), Richmond Hill, between 9:30 a.m. and 5:00 p.m. ET. The event marks the coin's first appearance in Metro Toronto.

CANADIAN PMX/CANADIAN COIN & CURRENCY PUBLIC SHOWROOM
The new Canadian PMX retail store and showroom, located in the former building of the main Bank of Nova Scotia branch in Richmond Hill, Ontario, is the first large world-class precious metals showroom in Canada. The Collector Coin division of the company is Canadian Coin & Currency, which has been offering high quality collector coins since 1987. The showroom features both precious metals and a museum quality exhibit of rare coins and bank notes, all available for collectors.

Among the showroom features:

  • One of the largest inventories of top-quality precious metals in Canada, including gold and silver bullion products and collector coins, sourced from the Royal Canadian Mint, US Mint, Perth Mint, Johnson Mathey and Engelhard
  • More than 20,000 collector items for sale — the largest inventory of numismatic collectibles anywhere in Canada
  • Extensively trained experts ensuring all bullion products are authentic and sourced from recognized and highly reputable mints and refiners, all approved by the London Mercantile Exchange
  • A range of purchase options making the ownership of precious metals products easy and hassle-free, including in-store purchasing and pick-up,  secure shipment via FedEx, highly secure onsite bank vaults, and the ability to support transactions of any size, with no hidden fees, service charges or commissions
  • State-of-the-art security technologies and protocols

CANADIAN PMX NEW WEB ENVIRONMENT — CANADIANPMX.COM
Canadian PMX has just launched a new secure e-commerce platform, providing Canadians from coast to coast with instant access to purchase precious metals online at prices competitive with the leading U.S. distributors, without the complications of cross-border shipping.

ABOUT CANADIAN PMX/CANADIAN COIN & CURRENCY
Canadian PMX Corp. has been serving investors and collectors since 1987. They are a solid "brick and mortar" company, with head offices located at 10355 Yonge Street in Richmond Hill (north Toronto), Ontario. Canadian PMX is an authorized distributor for the Royal Canadian Mint, providing some of the highest quality precious metal and collector products available in the world. Canadian PMX also distributes bullion products from the United States Mint, the Perth Mint, the Austrian Mint, Johnson Matthey and Engelhard.

Canadian PMX has its origins with serving numismatic collectors, and remains Canada's largest coin dealer operating as Canadian Coin & Currency. Through the collector division, the company buys and sells rare coins, bank notes, and Royal Canadian Mint products. They also offer collector coins to a national audience on television through The Shopping Channel, a Rogers Communications company.

For more information, visit www.canadianpmx.com and www.cdncoin.com.

Tag words:

Canadian PMX, Canadian Precious Metals Exchange, Canadian Coin & Currency, Royal Canadian Mint, Steven Bromberg, public showroom, gallery store, retail store, Richmond Hill, bank vault, precious metals, investing, investment, investment portfolios, gold, silver, retail, web environment, security, wealth preservation, wealth management, uncertain economic times, brick-&-mortar, online presence, numismatic collectibles, paper-based and digital currencies, Gold Standard, intrinsic value, economic cycles, Eurozone, security of wealth, fiscal balance, fiscal strength, insurance policy, store of wealth, Royal Canadian Mint's $1-million coin, Canada's most valuable coin, gold purity, bullion market, largest gold coin, Gold Maple Leaf,  bullion coins, public viewing, world-class, top-quality precious metals, silver bullion products, gold bullion products, collector coins, US Mint, Perth Mint, Johnson Mathey, Engelhard, London Mercantile Exchange, mints and refiners, in-store purchasing and pick-up, secure shipment via FedEx, unallocated storage program, highly secure bank vaults, support transactions of any size, no hidden fees, state-of-the-art security technologies and protocols, security upgrades, security systems, new e-commerce platform, cross-border shipping, digital retail environment, integrated security controls, precious metals division, collectibles division, buying and selling precious metals.

www.canadianpmx.com
www.cdncoin.com
www.mint.ca

PDF with caption: "The Spirit of Haida Gwaii 10-kilogram .99999 pure gold collector coin". PDF available at: http://stream1.newswire.ca/media/2011/11/03/20111103_C9907_DOC_EN_6080.pdf

PDF with caption: "The Royal Canadian Mint's 100 kg Gold Maple Leaf bullion $1-million coin". PDF available at: http://stream1.newswire.ca/media/2011/11/03/20111103_C9907_DOC_EN_6081.pdf

PDF with caption: "Bullion Investment Fact Sheet". PDF available at: http://stream1.newswire.ca/media/2011/11/03/20111103_C9907_DOC_EN_6083.pdf

PDF with caption: "Canadian Coin Facts and Trivia". PDF available at: http://stream1.newswire.ca/media/2011/11/03/20111103_C9907_DOC_EN_6084.pdf

PDF with caption: "Precious Metals Economic Timeline". PDF available at: http://stream1.newswire.ca/media/2011/11/03/20111103_C9907_DOC_EN_6085.pdf

PDF with caption: "Steven Bromberg, President & CEO, Canadian PMX, Canadian Coin & Currency Bio". PDF available at: http://stream1.newswire.ca/media/2011/11/03/20111103_C9907_DOC_EN_6086.pdf

Image with caption: "With a mintage of only 15 pieces, The Spirit of Haida Gwaii $100,000 face value coin is the world's first 10-kilogram coin, crafted of 99.999% pure gold. Two of these exclusive coins will be available for purchase through Canadian PMX on November 3, 2011. (CNW Group/Royal Canadian Mint) (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6091.jpg

Image with caption: "With a mintage of only 15 pieces, The Spirit of Haida Gwaii $100,000 face value coin is the world's first 10-kilogram coin, crafted of 99.999% pure gold. Two of these exclusive coins will be available for purchase through Canadian PMX on November 3, 2011. (CNW Group/Royal Canadian Mint) (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6092.jpg

Image with caption: "On November 3, 2011, Canadian PMX Corp. launched its public showroom in Richmond Hill, Ontario, to help make gold and silver purchasing easy and accessible to all levels of Canadian investors. (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6093.jpg

Image with caption: "The new Canadian PMX retail store and showroom, located at 10355 Yonge Street, is in the former building of the main Bank of Nova Scotia branch in Richmond Hill, Ontario. (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6094.jpg

Image with caption: "Canadian PMX's new gallery showroom features precious metals and a museum quality exhibit of rare coins and bank notes, sourced from the Royal Canadian Mint, US Mint, Perth Mint, Johnson Matthey and Engelhard. (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6095.jpg

Image with caption: "With more than 20,000 gold and silver bullion products and collector coins for sale, Canadian PMX's new gallery showroom in Richmond Hill, Ontario. offers a wide variety of top-quality precious metals in Canada. (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6096.jpg

Image with caption: "The centrepiece of the Canadian PMX showroom a floor mosaic of gold and silver coins and bank notes, as well as historical bank notes, set below structural glass. (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6097.jpg

Image with caption: "The showroom, launching on November 3, 2011 in Richmond Hill, Ontario, features precious metals and a museum quality exhibit of rare coins and bank notes, all available for purchase. (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6098.jpg

Image with caption: "Steven Bromberg, President and CEO of Canadian PMX, is an expert in precious metals purchasing and a business visionary who is bringing a new model of precious metals retailing to Canada. (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6099.jpg

Image with caption: "The Royal Canadian Mint's 100 kg Gold Maple Leaf bullion $1-million coin valued at more than $5 million, is making its first Metro Toronto appearance at the Canadian PMX gallery showroom in Richmond Hill, ON. on November 3, 2011. (CNW Group/Royal Canadian Mint) (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6100.jpg

Image with caption: "The Royal Canadian Mint's 100 kg Gold Maple Leaf bullion $1-million coin valued at more than $5 million, is making its first Metro Toronto appearance at the Canadian PMX gallery showroom in Richmond Hill, ON. on November 3, 2011. (CNW Group/Royal Canadian Mint) (CNW Group/Canadian PMX)". Image available at: http://photos.newswire.ca/images/download/20111103_C9907_PHOTO_EN_6101.jpg

For further information:

For media inquiries, please contact: 

Elana Ziluk         Maxine Cheung         Lindsay Bolanos
MAVERICK PR        MAVERICK PR        Canadian PMX
416-640-5525 ex. 243       416-640-5525 ex. 242       905-883-5300 ex. 203
elanaz@maverickpr.com      maxinec@maverickpr.com     lindsay@cdncoin.com