Centennial of the Canadian Navy Honoured on 2010 Silver Dollar as Royal
Canadian Mint Launches Newest Collector Coins

Golden tributes to the 400th Anniversary of the Discovery of Hudson's Bay, Canada's Petroleum and Oil Trade and British Columbia's Coat of Arms also headline Mint's newest numismatic offering

OTTAWA, Jan. 6 /CNW Telbec/ - The Royal Canadian Mint today released its first new collector coins and gift products of 2010, choosing the distinguished celebration of the Canadian Navy's centennial as the theme of its 2010 Silver Dollar. This flagship of the Mint's annual collector coin program is joined by the newest editions of annual releases consisting of $100, $200 and $300 face value gold issues, as well as proof, uncirculated and specimen coin sets featuring popular icons of Canada. Attractive gift sets and new greeting card coins complete the line-up.

"The Royal Canadian Mint is proud to celebrate Canada's heritage, culture and values through the rich and exciting variety of collector coins it produces every year," said Ian E. Bennett, President and CEO of the Royal Canadian Mint. "In 2010, Mint employees are honoured to pay tribute to the distinguished celebration of the centennial of Canada's Navy while celebrating many other uniquely Canadian symbols through an inspiring array of world-class collector coins."

Below are the featured products being launched today.

2010 PROOF SILVER DOLLAR - 100TH ANNIVERSARY OF THE CANADIAN NAVY (1910-2010)

Canada's emergence as a modern nation took a leap forward when Canada's Navy was founded through the adoption into law of the Naval Service Act on May 4, 1910 and the light cruiser HMCS Rainbow arrived at Esquimalt, British Columbia later that year to serve as the first unit of Canada's new Navy. The Mint is proud to honour the centennial of the Canadian Navy on its 2010 Silver Dollar with the bold image of HMCS Sackville; one of 122 Flower Class Corvettes in operation by the end of World War II, when Canada boasted the third largest navy in the world.

Designed by Nova Scotia artist Yves Bérubé, a Quebec native and member of the Canadian Society of Marine Artists, this doubled-dated sterling silver dollar features HMCS Sackville in action on the high seas whose image is surrounded by the Canadian Navy's motto "Ready Aye Ready/Prêt Oui Prêt" engraved in Morse code. Canada's last surviving Corvette now serves as The Canadian Naval Memorial, berthed in Halifax Harbour as a living museum.

Limited to a mintage of 50,000, the 2010 Proof Silver Dollar is available for $47.95 CDN. The brilliant uncirculated version of this coin also retails for $39.95 CDN and is limited to a mintage of 30,000.

The same design is reproduced on a selectively gold-plated proof dollar coin, which is exclusive to the Mint's 2010 Proof Set. Only 55,000 sets, with a suggested retail price of $99.95 CDN, are available world-wide.

2010 $300 GOLD COIN - BRITISH COLUMBIA COAT OF ARMS

The Mint's 2010 edition of the official $300 gold series of Coats of Arms of Canada's provinces and territories celebrates British Columbia, home to the 2010 Winter Olympic and Paralympic Games. This imposing, oversize coin is a dazzling tribute to one of the world's most scenic tourist destinations. Marking the first time a sovereign entity other that the British Crown was granted permission to include Britain's Royal Crest atop its coat of arms, the British Columbia Coat of Arms adorns the reverse of this proof 14-karat gold coin with a $300 face value. Only 500 of these coins have been minted, each available at $1,949.95 CDN.

2010 22-KARAT GOLD COIN - HISTORICAL COMMERCE: PETROLEUM AND OIL TRADE

The Mint has chosen the petroleum and oil trade, a pillar of Canadian economic development since Canada's first oil production in Oil Springs, Ontario in 1858, as the theme of the sixth issue from its Historical Commerce 22-karat gold coin series. This new coin designed by Ontario artist John Mardon, which features a black laser-etched accent highlighting a gushing oil strike, is sure to catch the eye of collectors attracted to gold coins combining time-honoured craftsmanship and a touch of new technology.

This proof-quality 22-karat gold coin is limited to a mintage of 4,000. With a face value of $200, it is composed of 91.67% gold and 8.33% silver and retails for $849.95 CDN.

2010 14-KARAT GOLD COIN- 400TH ANNIVERSARY OF THE DISCOVERY OF HUDSON'S BAY (1610-2010)

The historical and natural landmark which has become the namesake of the oldest commercial corporation in North America discovered 400 years ago by explorer Henry Hudson is the subject of the Mint's 2010 $100 gold coin. The reverse design created by Ontario artist John Mantha features Henry Hudson poring over his navigational charts in his attempt to chart a new course to the Spice Islands of the Pacific Ocean. The contours of of Hudson's Bay; his eventual destination, looms overhead, framed by the dates 1610 and 2010. This coin is limited to a worldwide mintage of 5,000 and retails for $509.95 CDN.

2010 SPECIMEN SET - NORTHERN HARRIER

The image of Canada's only harrier hawk species, the Northern Harrier, adorns the reverse of the limited-edition aureate dollar coin featured in the 2010 Specimen Set. This is the only Mint coin set to include this limited-edition one-dollar coin gracefully designed by Ontario artist Arnold Nogy. Also included are all of Canada's traditional 2010 circulation coins (with the exception of the Common Loon $1 coin) in a unique specimen finish. The limited worldwide mintage for this set is 35,000, and it is available for $47.95 CDN.

2010 PAINTED 25-CENT COIN SETS AND GREETING CARDS

For 2010, the Mint's Oh! Canada and Welcome Baby! 25-cent painted commemorative coin gift sets are joined by a new Forever! wedding set featuring all of Canada's 2010 circulation coins in uncirculated quality. The unique 25-cent coins appear through a die-cut in the cover of the collection folder. Each set retails for $19.95 CDN.

The 2010 edition of the Mint's greeting card coins feature: Happy Birthday! Congratulations! and Thank you! Each memorable greeting card coin retails for $9.95 CDN.

The Royal Canadian Mint is also introducing its 2010 uncirculated set limited to a worldwide mintage of 55,000 sets, available for $23.95 CDN.

All of the Mint's products are available directly from the Mint at 1-800-267-1871 in Canada, 1-800-268-6468 in the US, or on the Internet at www.mint.ca. The coins are also available at the Royal Canadian Mint's boutiques in Ottawa and Winnipeg as well as through our global network of dealers and distributors.

About the Royal Canadian Mint

The Royal Canadian Mint is the Crown Corporation responsible for the minting and distribution of Canada's circulation coins. An ISO 9001-2008 certified company, the Mint is recognized as one of the largest and most versatile mints in the world, offering a wide range of specialized, high quality coinage products and related services on an international scale. The Mint is an Official Supporter of the Vancouver 2010 Olympic and Paralympic Winter Games and has undertaken to produce the most extensive circulation coin program in relation to the Olympic Games ever conceived by any mint worldwide, while also offering limited mintage collector coins and sets. Visit www.mint.ca/2010 for Vancouver 2010 keepsakes and gifts.

Images and product details of the Mint's newest collection are available by visiting ftp://communications:RCM2007@ftp.mint.ca.

/NOTE TO PHOTO EDITORS: A photo accompanying this release is available at http://photos.newswire.ca. Images are free to accredited members of the media/

SOURCE Royal Canadian Mint

For further information: For further information: Alex Reeves, Manager, Communications, Telephone: (613) 949-5777, Fax: (613) 991-2628, Mobile: (613) 884-6370, reeves@mint.ca


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