Royal Canadian Mint Launches World’s First Bullion Coins Promoting Spirit of Olympic Games

by Royal Canadian Mint on March 17, 2008 · 3 comments

The Royal Canadian Mint (RCM) officially launched the 2008 issue of the Vancouver 2010 Olympic Winter Games Gold and Silver Maple Leaf bullion coins. These unique RCM bullion products are the world’s first bullion coins promoting the spirit of the Olympic Games.

2008 Gold and Silver Maple Leaf bullion coins (reverses)

The RCM’s Ottawa facility will produce up to 50,000 coins in gold for the 2008 issue and the silver version will be produced on demand. Two more annual issues (2009 and 2010) will follow.

In July 2007, the RCM received permission from the International Olympic Committee and the United States Olympic Committee to produce and market these new gold and silver bullion coins. The designs for these coins were first unveiled in August 2007.


"I’m very proud that the Royal Canadian Mint is again launching a series of bullion coins which will stand out in a very competitive marketplace," said Ian E. Bennett, President and CEO of the Royal Canadian Mint.

"Gold and silver have long symbolized the pinnacle of international athletic competition and we are delighted that the Royal Canadian Mint’s world-renowned bullion coins are now associated with the Olympic Movement."


Olympic Gold and Silver Maple Leaf bullion coinsThe Vancouver 2010 Olympic Winter Games Gold Maple Leaf bullion coin is made of one ounce of 99.99% pure gold and bears a $50 face value. Bearing a $5 face value, the Vancouver 2010 Olympic Winter Games Silver Maple Leaf bullion coin is struck from one ounce of 99.99% pure silver. Both are now available through the RCM’s extensive network of bullion dealers.

About the Royal Canadian Mint

The Royal Canadian Mint, which is celebrating its 100th anniversary in
2008, is the Crown Corporation responsible for the minting and distribution of Canada’s circulation coins. An ISO 9001-2000 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. For more information on the Mint’s history, its products and services, please visit

About the Vancouver Organizing Committee (VANOC)

VANOC is responsible for the planning, organizing, financing and staging of the XXI Olympic Winter Games and the X Paralympic Winter Games in 2010. The 2010 Olympic Winter Games will be staged in Vancouver and Whistler from February 12 to 28, 2010. Vancouver and Whistler will host the Paralympic Winter Games from March 12 to 21, 2010.

About the International Olympic Committee

The International Olympic Committee (IOC), created in 1894, is a non-governmental organisation with volunteer members who represent its work around the world, and an administrative staff based in Lausanne, Switzerland.

The IOC and its 203 National Olympic Committees worldwide promote the Olympic Movement, whose vision is to contribute to building a peaceful and better world by educating youth through sport. In addition to selecting the host city and coordinating the staging of the Olympic Games, the IOC and NOCs collaborate with a range of organisations and their members in the public and private sectors to place sport at the service of society. The main goal is to promote the values of Olympism, which include excellence, respect and friendship.

{ 3 comments… read them below or add one }

Koichi Ito March 18, 2008 at 4:58 pm

What is issue price for Olympic Maple Leaf Silver and Gold Bullion Coins? How can I purchase this coins?

Mike March 18, 2008 at 5:00 pm

Good questions!

We’ll find out and provide more information.


John G. April 3, 2008 at 9:12 am


I’ve already purchased and received from Canada’s “Royal Canadian Mint” their 2007 $300 Premium Gold Coin, “Olympic Ideals” and their 2008, $300 Premium Gold Coin, “Competition”. The last coin that I will be able to purchase will be their 2009 $300 Premium Gold Coin, “Friendship”. These coins are 14-Karat Gold having the composition of 58.33% gold and 41.67% silver. They each weigh 60 grams while their diameter are each 50mm. The edges are serated
and the finish is bullion quality.

Originally introduced last year at $1499.95 CDN each, the RCM guaranteed that set price over the three year span of issue and RCM still holds true to their promise to folks who made the original decision to purchase all three coins in this series.

Only last month did these coins took a little rise upwards to $1565.95 CDN for newly interested purchasers. I’ve enjoyed each and every winter Olympics so I find special value in owning these coins. The two coins I hold now, btw, are exceptionally beautiful and detailed. The first single 2007 coin numbered in the mid 400’s out of the total limited mintage of 2,500 per coin that I had purchased was extremely visual to the naked eye and what I first noticed was that this first lower numbered coin appeared to me, exceptionally over treated in some type of thick protective layer of what I perceived to be a protectant like a lacquer of some sort, that in ways, obscured fine detail and delicate carvings upon the coin.

However, instead of having just that first coin of the series I really wanted to own and enjoy all three coins in this particular collection. I had to make a few telephone calls to clear up the confusion and then I was told to return that first coin if I wanted a refund on it, or I could continue to keep it if I so desired and also for for the newer two coins.

Just having recently received the brand new replacement 2007 coin along with the newly issued 2008 coin, within the past week or so, I noted that each were only a few numbers apart in the i mid 700 number range. Not having sent back that single coin yet, I wasable to compare all three coin.

I was uniquely surprised at readily visible and much more appealing differences in finish on both newer coins. While the earlier numbered coin seemed to have suppressed greater detail of the smallest objects and hid portions of the original expert craftsmanship of it’s sculptor, the replacement coin and the new 2008 coin show extremely brilliant detail in cameo and have areas not originally covered in protective lacquer.


What I really and especially like this year, are these representations of the 2008, .9999 pure fine gold .RCM bullion coin and it’s pure .9999 silver compliment. Do you have a photo of the opposite side? I would suspect thet the image of Queen Elizabeth II would be found there. Personally, after viewing almost the entire arrangement of previous Canadian coins, I would hope that sometime in the near future, our great neighbors to the North, might consider having coins, with other meaningful faces or representations or ideals that Canadians have come to know and trust over the past few hundred years.

I would also quickly note that this coin, unlike the 2007 special bullion Maple coin of last year that, at 1 oz. each, are just about affordable for my limited budget because those few “miniature versions” of their humongous, “$1 Million Dollar Coin” would at least fit or tuck inside a pant or jacket pocket very nicely, without too much buldge. Each coin also, were minted with the guaranteed purity of .99999 or 99.999% pure fine gold. The five number 9’s are now known as the “5/9’s”.

That extraordinarily limited mintage last year of 35,000 or so coins were all pleasantly encased and hot sealed in what appeared to be a “credit card” type arrangement that served as the RCM’s Original Certificate of Authenticity. And the clear plastic mold over the front and back of the coins very easily showed off the entire coin’s beauty, including the edges.

As I had read through all of the RCM’s web site last year, I can barely find a speck of information on these coins or final mintage figures, or how they were even distributed! I noted that on coins I had purchased directly from Canadian coin stores that were eventually shipped to me via Federal Express, the seller kept writing in the value as being $600CN, yet I was being charged $700 to $800 for them. Aside from these observations, I know that it had been “rumoured” that the RCM would probably or possibly mint another unknown quantity of these type .99999 coins, but with a different design.

Is it possible for you to find out just a little bit more information about the 2008 intent of the Royal Canadian Mint’s plans. For reasons beyond my thinking the RCM only “appears” a little bit to me as being a bit touchy, or possibly sensitive while I had been speaking to them over the telephone. Maybe they desire a little more secrecy about their intentions when I have called them up personally to inquire about this possibility production of another coin for 2008 of this very high gold purity of another .99999 coin. I think they may get more telephone calls than they could satisfy through their own production quantity and maybe they figure it’s best to just keep quiet about it.

I really don’t know.

Thank you for your time.
Best to All!

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