Royal Canadian Mint Continues Wildly Popular Silver Bullion Series with Grizzly Theme on New 9999 Pure Silver Coin

Royal Canadian Mint Continues Wildly Popular Silver Bullion Series with Grizzly Theme on New 9999 Pure Silver Coin

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Ottawa, Ontario – January 28, 2011 – The Royal Canadian Mint is proud to announce the release of the 2011 "Grizzly" silver bullion coin; the second issue from its popular Canadian Wildlife 9999 fine one-ounce silver bullion coin series. This highly anticipated addition to the Mint's pure silver bullion collection was launched today at the World Money Fair in Berlin, Germany before the world's premier gathering of coin producers, distributors and buyers.

As with the 2011 "Wolf" bullion coin, the Mint's Ottawa facility will produce one million "Grizzly" silver bullion coins and will release a further two annual issues for both 2012 and 2013. A total of six different species will be represented in finely crafted bullion coins that are struck of the same pure silver as the Mint's world-famous Silver Maple Leaf bullion coins.

"The Royal Canadian Mint is proud to release the second coin in a uniquely Canadian pure silver bullion series that is sure to stand out in today's competitive market," said Ian E. Bennett, President and CEO of the Royal Canadian Mint.  "Wildlife and nature are themes that resonate with buyers of Royal Canadian Mint products and we are pleased to offer bullion investors a product which exceeds expectations in terms of quality as well as design."

The "Grizzly" silver bullion coin is struck from one ounce of 99.99% pure silver and bears a face value of $5. The grizzly design on its reverse is the work of Senior Mint Engraver William Woodruff.  The obverse features the effigy of Her Majesty Queen Elizabeth II, created in 2003 by Canadian portrait artist Susanna Blunt. 

The entire mintage of one million 2011 "Grizzly" silver bullion coins has been fully allocated and will soon be available through the Mint's extensive network of bullion distributors. The next issue in this six-coin series will be announced later in 2011.

About the Royal Canadian Mint
The Royal Canadian Mint is the Crown Corporation responsible for the minting and distribution of Canada's circulation coins. An ISO 9001-2008 certified company, the 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. For more information on the Mint, its products and services, visit www.mint.ca.

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Images of the new Canadian Wildlife silver bullion coin are available by visiting ftp://communications:MINT2007@ftp.mint.ca.

For more information, please contact:
Alex Reeves
Manager, Communications
Tel: (613) 949-5777
Cell: (613) 884-6370
Fax: (613) 991-2628
reeves@mint.ca