The Royal Canadian Mint has started accepting orders from the general public for their second “$100 for $100” silver coin. The first release of the series had proven popular with collectors and achieved a quick sell out.
The second release for the series carries the “2014” date and features a detailed depiction of the Grizzly in motion as it splashes through the water clutching a salmon in its jaws with the “100 Dollars” face value below. The reverse design was created by Claudio D’Angelo. The obverse of the coin features the Susanna Blunt portrait of Queen Elizabeth II.
Each coin is struck in 1 troy ounce of 99.99% pure silver with a matte proof finish and diameter of 40 mm. There is a mintage limit of 50,000 pieces for this release and an ordering limit of 3 coins per household.
The pricing for this issue is $100 CAD, which is the same amount as the face value of the coin.
Many collectors have welcomed the opportunity to acquire 99.99% pure silver coins for their legal tender face value. Prior to the launch of the “$100 for $100” coin series, the Royal Canadian Mint had found success with their still ongoing “$20 for $20” coin program, which featured smaller sized silver coins with higher mintage limits. The early issues of the series achieved rapid sell outs and one of the coins won a Coin of the Year Award for Best Silver.
For additional information on the new 2014 “The Grizzly” $100 for $100 Silver Coin or to place an order, please visit the product page on the Royal Canadian Mint’s website.