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Royal Canadian Mint Announces Olympic Bullion Coin Program |
The Royal Canadian Mint (RCM) is pleased to announce that it has finalized an agreement with the International Olympic Committee (IOC) granting it permission to mint bullion coins bearing the emblem of the Vancouver 2010 Olympic and Paralympic Winter Games and the famed rings of the Olympic Movement. This agreement is a first of its kind for the global bullion industry. The RCM intends to produce a series of Vancouver 2010 Olympic Winter Games Gold Maple Leaf bullion coins and Vancouver 2010 Olympic Winter Games Silver Maple Leaf bullion coins over the next three years. The design of the 2008 gold and silver bullion coins will be unveiled in August 2007, while the first issue of these coins is forecast for market release in September-October 2007. Two more annual issues (2009 and 2010) will follow. The coins will be distributed through the RCM's extensive network of bullion dealers. |
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"Now that our bullion coins will be complemented by the Olympic brand, the Royal Canadian Mint will be able to promote the spirit of the Olympic and Paralympic Games across three of its major business lines: gold and bullion, Canadian circulation coins and numismatics," said Ian E. Bennett, President and CEO of the Royal Canadian Mint. "We are thrilled that our universally acclaimed Maple Leaf bullion products will gain even more prestige and exclusivity as we count down to the excitement of the Vancouver 2010 Olympic and Paralympic Winter Games."
"VANOC congratulates the Royal Canadian Mint on their Vancouver 2010 Olympic Winter Games Gold and Silver Maple Leaf bullion coins that will help to promote the Olympic |
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spirit in Canada and throughout the world." said Dave Cobb, Executive Vice President of the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games. 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. About the Royal Canadian Mint The Royal Canadian Mint, an ISO 9001-2000 certified company, is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. The Royal Canadian 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 such as foreign circulation coins, numismatics, bullion and refinery services. 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. For more information on Olympic and bullion coins, contact Brian Grant Duff at All Nations Stamp and Coin at (604) 689 2230. |
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| Other Olympic-related pages: Coins: The Vancouver 2010 Olympic coins are available in our store. They are not available for shipment outside North America at this time. According to a page 4 article in the June 25, 2007 issue of Coin World , the Royal Canadian Mint now has an agreement, with the United States Olympic Committee, to allow sales of the Vancouver 2010 Olympic coins to the United States. It appears the coins are not yet available for delivery outside North America. The Vancouver 2010 Olympics 50-coin program, the largest yet for any country, started in February, but stalled in April, when Vanoc, the Vancouver Olympic organizers, and the Mint started enforcing a ban on sales outside Canada, as they had no distribution agreement in place with individual nations' Olympic Committees. Canadian and U.S. residents can now order the coins, and get information about them, by calling Brian Grant Duff at (604)684 4613. By order of Vanoc, we are not allowed to display, describe, or sell the coins on our website, on radio, or on television. No terms of the agreement with the U.S. Olympic Committee were available at the time the Coin World article was written. The Canadian Numismatic Society email newsletter has been hinting for some weeks that a distribution deal with the States was imminent. It appears we can now ship Vancouver 2010 Olympic coins and souvenir holders to clients in Canada and the United States. 2006 Proof Olympic Lucky Loony in a Bookmark |
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Newsletters: Royal Canadian Mint releases Freestyle Skiing quarter |
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Stamps: 2003 2010 Olympic Overprint attached stamp booklet trio |
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Newsletter #116 |
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