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RCM launches new year coinsFriday, 6th January 2006 (3042 views) The Royal Canadian Mint (RCM) has celebrated the new year with the release of limited edition collectible gold coins.A number of gold coins, ranging from 14- to 22-carat have been minted, although collectors are advised to hurry, as circulation is strictly limited. The RCM hopes that such limited edition products will help to boost sales of collectible coins, citing the recent success of other mintings such as the silver dollar. "We have made a conscious effort, for 2006, to build on products that have been of keen appeal to collectors last year and to carefully assess mintages in an effort to increase the value of our coins for collectors," said head Marguerite F. Nadeau. "We remain committed to maintaining our customer-driven focus, and I believe our 2006 flagship products are a testimony to this pledge." Among the flagship products on release is an 18-carat gold ring to celebrate the Chinese New Year on January 29th. For the past two years the RCM has released one gold and one silver coin to commemorate the Chinese New Year, each featuring the zodiac sign of the year in question. Accordingly, this year's coin, designed by Harvey Chen, features a dog. The coin will also be of interest to collectors as it is the seventh coin in the RCM's hologram lunar series. Mintage is limited at just 4,888 and the coin retails at $4,888 CD. Other coins include a 14-carat gold coin featuring the Britannia from 1900, a $100 14-carat coin and $200 22-carat coin.
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