ROYAL MINT GUARANTEES VALUE OF COIN
By Adnews Staff
The Royal Canadian Mint has launched a guaranteed value gold bullion investment coin. The mint will guarantee the value of the one ounce gold coin at $310(US) until Jan. 1, 2000. The coin is 10-sided. The reverse depicts the profile of a Royal Canadian Mounted Police officer mounted on a horse and carrying a flag, with the inscriptions ".9999" and "FINE GOLD 1 OZ OR PUR." The word Canada and twelve maple leaves appear around the circumference of the coin. The front of the coin features Her Majesty Queen Elizabeth surrounded by the inscription "ELIZABETH II year of issue D.G. REGINA 50 DOLLARS." The coin is available through the mint's network of bullion dealers and distributors. Royal Mint officials were unavailable to comment on advertising plans for the coin. FCB Direct of Montreal currently handles advertising for the mint, but the account is up for review and FCB is not participating in the competition.