Royal Canadian Mint (Paperback)

Chapters: . Source: Wikipedia. Pages: 24. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: The Royal Canadian Mint (RCM, French: Monnaie royale canadienne) produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The mint also designs and manufactures: collector coins; gold, silver, palladium, and platinum (19891999) bullion coins; customized medals, tokens, trade dollar watches, and, for a brief time, high end jewellery featuring coin designs. It further offers gold and silver refinery and assay services. The RCM is a Crown corporation that operates under the legislative basis of the Royal Canadian Mint Act. All monies in Canada are technically issued with the authority of the Canadian monarch; however, all operations are overseen by the President and CEO, or Master of the Mint, who is the senior executive officer of the organization, reporting to a Board of Directors appointed by the Minister of Public Works and Government Services. The RCM has been at the forefront of currency innovation. Among the mint's technical innovations are its plating process, which consists of a multi-ply technology that allows electromagnetic signatures to be embedded in the coins, assuring readability in the coin-processing industries. Another innovation was the world's first coloured circulation coin, the 2004 Remembrance Day 25cents piece, with a red poppy on the reverse. Further innovation was achieved with the adaptation of the physical vapour deposition (PVD) technology to coat its dies, extending the life of the die beyond that of past chrome-coated dies. In October 2008, the RCM was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc., and was featured in Maclean's newsmagazine. Also in 2008 Canada Post issued a postage stamp in honour of the m...More: http: //booksllc.net/?id=3