The RCM 100 oz silver bar goes above and beyond other 100 oz silver bars on the silver market. It’s .9999 pure presentation make it nearly one-of-a-kind.
A Standard of the Silver Industry
Normally Used For Trading, Storage and Industry
A Favorite Among Investors Seeking Out a Lower Premium Product
Silver demand has increased by 248% from 1990-2011. Since 2007, silver ETF holdings have risen to record highs.
The RCM bar is .9999 – IRA approved – pure.
The Royal Canadian Mint is responsible for all of Canada’s circulating coins, and even manufactures coins on other nation’s behalf.
The Mint designs not only precious metal collector coins, but also base metal coins. The Royal Canadian Mint offers refining and assay services for gold and silver.
The Royal Canadian Mint is a Canadian Crown Corporation, and so therefore operates under the legislative of the Royal Canadian Mint Act.
It is owned wholly by the Government of Canada, which represents the one-and-only shareholder of the Mint.
It serves the public interest, whilst simultaneously retaining a mandate to operate “in anticipation of profit.” This essentially means that it functions in a commercial manner and does not rely on taxpayer support for funding.
Just like private sector companies, the Mint has a Board of Directors which consists of a Chair, the President and CEO of the Mint and eight other Directors.
The Mint operates facilities in Ottawa and Winipeg.
The Mint produces a number of high purity precious metal coins, such as the Gold Canadian Maple Leaf, the Silver Canadian Maple Leaf, the Palladium Canadian Maple Leaf and the Platinum Canadian Maple Leaf, alongside the 100 oz Royal Canadian Mint Silver Bar.
These products are minted for the investment market as well as gold and silver granules for the jewelry industry and industrial applications.
The Royal Canadian Mint is a technically advanced refinery, refining raw gold, for example, to 995 fine through the Miller chlorination process.
The gold is thereafter cast into anodes which are purified to 9999 fine using the Wohlwill electrolytic process.
In May 2007, the Mint produced the world’s very first 99.999% gold Maple Leaf Bullion coins.
These were offered in limited-edition one-troy ounce gold bullion coins.
The Royal Canadian Mint produced a 100 kilo version of the 99.999% pure Gold Maple Leaf coin was produced as a promotional tool and was later sold when interested buyers came forward.
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