The Royal Canadian Mint is responsible for designing and producing each and every piece of legal tender that the Canadian public deals with. Recently, after centuries of boring logos and figureheads, the federal institution has opted to inject some fantasy and fun into the country's coinage.
The Royal Canadian Mint recently unveiled plans for new 25-cent coins adorned with mythic Quebecois beasts, including an underwater dragon and an aquatic lynx. The former, known as Memphré, was infamous among First Nations tribes, and was said to patrol the depths of Lake Memphremagog. Mishepishu, the seaborne lynx, terrorized the imaginations of Ojibwe tribes for centuries, and was believed to be the protector of Lake Ontario's precious copper.
You won't be spending these commemorative coins at the laundromat, however, as they'll set you back $25 a piece. If you'd like a slightly cheaper alternative, look for Canada's now-famous Sasquatch quarter.
Creepy Canadian Coinage
The Royal Canadian Mint Presents New and Terrifying Quarters
Trend Themes
1. Mythic Creature Adorned Currency - Designing legal tenders with mythic creatures is an innovative way to inject fun and fantasy into a country's currency.
2. Expensive Commemorative Coins - Creating commemorative coins with a high value can attract collectors and bring in additional revenue for the mint.
3. Limited Edition Coins - Producing limited edition coins can create hype and exclusivity, generating more interest and revenue for the mint.
Industry Implications
1. Currency Minting - Innovating with new designs and materials can set a currency mint apart and generate interest from potential collectors.
2. Collectibles - Limited edition and high-value coins can appeal to collectors, generating revenue and increasing the brand value of the mint.
3. Tourism and Souvenirs - Creating coins with iconic and recognizable designs can become souvenirs for tourists and generate more income for the country's tourism industry.