22:33:49 EDT Mon 13 May 2024
Enter Symbol
or Name
USA
CA



Royal Canadian Mint Canadian Gold Reserves
Symbol MNT
Shares Issued 18,027,061
Close 2023-11-14 C$ 26.85
Market Cap C$ 484,026,588
Recent Sedar Documents

Globe/CP say Royal Canadian Mint releases King's image

2023-11-15 07:49 ET - In the News

The Globe and Mail reports in its Wednesday edition that the Royal Canadian Mint has revealed the image of King Charles that will be soon be on all new coins. A Canadian Press dispatch to The Globe says the coin shows a profile of the left side of the King's face, with him wearing a shirt, tie and no crown. The design announcement Tuesday comes on his 75th birthday. His face on the coins replaces the image of his mother, the late Queen Elizabeth II. The work by Canadian portrait artist Steven Rosati was chosen from among submissions by 350 artists. It was sent to Buckingham Palace for approval. Mr. Rosati has designed other coins for the mint, including six silver National Hockey League goalie coins and a 100th anniversary commemorative loonie in honour of the Toronto Maple Leafs. Earlier this year, the federal government directed the mint and the Bank of Canada to replace the image of the queen with one of the King on coins and on the $20 bill. The Bank of Canada has started the design process for the new bill, but it will likely be years before it is issued. The King ascended to the throne in September, 2022, following the death of his 96-year-old mother, who reigned for 70 years, the longest of any British monarch.

© 2024 Canjex Publishing Ltd. All rights reserved.