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Minting a $1 million dollar gold coin

Sagemind says...

The Royal Canadian Mint is a Canadian Crown Corporation, and operates under the legislative basis of the Royal Canadian Mint Act. As a Crown Corporation, it is 100% owned by the Government of Canada, which is its sole shareholder. It also serves the public’s interest while mandated to operate “in anticipation of profit”, meaning that it functions in a commercial manner and does not rely on taxpayer support to fund its operations.

The government department responsible for the Royal Canadian Mint is the Department of Finance. There are currently 10 members of the Mint’s Board of Directors, and 12 members on its Executive Team.[14] The Royal Canadian Mint has four lines of business: Bullion and Refinery Service, Canadian Circulation, Foreign Business, and Numismatics.

http://en.wikipedia.org/wiki/Royal_Canadian_Mint

sixshot said:

gonna sidetrack the debate for a bit and ask on a different note:

is the Royal Canadian Mint an actual mint where real spendable currency are produced? Or is this like some sort of privatized-like company designed to sell products of specialized minted coins?

Also, because I'm no expert on the matter, what about the US equiv on the above?

Minting a $1 million dollar gold coin

sixshot says...

gonna sidetrack the debate for a bit and ask on a different note:

is the Royal Canadian Mint an actual mint where real spendable currency are produced? Or is this like some sort of privatized-like company designed to sell products of specialized minted coins?

Also, because I'm no expert on the matter, what about the US equiv on the above?

Zifnab (Member Profile)

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