The Royal Canadian Mint has started accepting orders for the first coin in a new series of 99.99% silver coins offered at the face value of $50. This follows previous successful programs which have offered smaller and larger sized silver coins at their face values of $20 and $100.
The new release features a dramatic scene of a polar bear within its arctic landscape. Inscriptions read “Canada”, “50 Dollars”, and “2014”. The reverse was designed by Emily Damstra. The obverse of the coin carries the Susanna Blunt effigy of Queen Elizabeth II.
Each coin is struck in 99.99% pure silver with a matte proof finish. The weight of each coin is 15.87 grams (0.510 troy ounces) and the diameter is 34 mm. There is a maximum mintage of 100,000 coins established.
The 2014 Polar Bear $50 Silver Coins are available for sale on the Royal Canadian Mint website, priced at their face value of $50.00 CAD.
This represents the Royal Canadian Mint’s third series of 99.99% pure silver coins offered at their face value. A series of $20 face value silver coins with a weight of 7.96 grams (0.256 troy ounces) was launched in late 2011. This was followed by a series of $100 face value silver coins with a weight of 31.6 grams (1.016 troy ounces) launched last year. The issues for these prior series have seen frequent and often quick sell outs from collectors drawn to the format of the offering.