Homepage / Bullion Coins: Canadian Coins / Premium Bullion - 1 oz Silver Majestic Polar Bear

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Premium Bullion -
1oz Silver Majestic Polar Bear Coin

2024

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In 2022, the Royal Canadian Mint introduced Premium Bullion. Premium Bullion are limited mintage gold and silver bullion coins for investors and collectors alike. 

The bullion coins are crafted from pure 99.99% gold or silver and come encapsulated in specialty assay cards signed by Charles Daoust, the Chief Assayer of the Royal Canadian Mint.

The 2024 edition features a scene of a mother polar bear with her almost independent cub nuzzling her in their Arctic habitat; young polar bears are known to stay with their mothers for up to two and a half years.

Polar Bears, Mother and Adult Cub by wildlife artist W. Allan Hancock
(Click to Enlarge)

The design for this coin is based on original artwork by wildlife artist W. Allan Hancock.

Alex Tirabasso, the Royal Canadian Mint engraver who worked on the polar bear coin design, stated that one of his challenges was with the fur on the bears.   He stated, “Hancock’s original design suggests that the bears’ fur is dry and not wet, which would be easier to sculpt. As the engraver, I needed to sculpt it in a way to convey this.”

Alex also stated the following about re-developing the design for minting, “I think of the design as form and function. The form, or 3D sculpting, should realistically and elegantly depict the polar bears in their northern home, but should also function for manufacturing. For me, these two concepts are always linked. We want to achieve that flawless MS-70 standard.”  (Source: The Art of Crafting Pure Gold Coins: Insights from our Assay & Engraving Teams)

Premium Bullion - First Strikes

The 2024 Premium Bullion 1oz Silver Majestic Polar Bear Coin is available in two versions: First Strikes and Mint State.

Exclusive to the "First Strike" Premium Bullion version of the coin is an encased capsule that can be easily removed from the assay card, as seen in the video below.

Note: The Mint State Premium Bullion version of the coin is encapsulated in the Royal Canadian Mint's assay card packaging, which provides an unobstructed view of the coin’s features.

Design of the
1oz Silver Majestic Polar Bear
Premium Bullion Coin

Obverse

The obverse side of the Premium Bullion coin displays the effigy of His Majesty King Charles III of Great Britain, with a dazzling sunburst finish.

The effigy of King Charles III was designed by Steven Rosati, a Canadian award-winning artist.

Inscriptions:

• CHARLES III
• D ∙ G ∙ REX  (stands for "Dei Gratia Rex," a Latin title meaning "By the Grace of God, King") 
• 5 DOLLARS
  
• SR - Steven Rosati's initials (effigy designer)
  

Obverse Coin photo courtesy of Royal Canadian Mint

Reverse

The reverse side of the Premium Bullion - 1oz Silver Majestic Polar Bear Coin depicts a scene of a polar bear (Ursus maritimus) mother and her near-adult cub who is on the cusp of becoming independent.

Set against a field of radial lines that create a sunburst finish, the pair of nuzzling polar bears are depicted in their Arctic habitat.

The paw prints of the polar bear on the reverse side are an exclusive feature of the Majestic Polar Bear series of Premium Bullion silver coins.

Polar bear paw prints, an exclusive series-wide design feature.

Inscriptions:

• FINE SILVER
• 1 OZ 
• ARGENT PUR (Pure Silver in French)
• 9999
  
• CANADA 2024
  
• WAH - W. Allan Hancock initials (reverse designer)
  

The edge of the silver bullion coin is serrated.

Reverse Coin photo courtesy of Royal Canadian Mint

1 oz. Silver Majestic Polar Bear
Premium Bullion - Coin Information

Introduction:....................2024

IRA Approved:..................Yes

Grade:.............................Uncirculated

Face Value:......................$5 CAD

Gold Content:...................1 Troy oz.

Total Weight:....................31.11 grams

Purity:.............................99.99% / 999.9 per mille

Diameter:........................38mm

Obverse Designer:............Steven Rosati

Reverse Designer:............W. Allan Hancock

Reverse Engraver:............Alex Tirabasso

Mint Mark:........................No

Edge:..............................serrated

Available at the Royal Canadian Mint
*Free shipping on orders over $100 (U.S. & Canada)

2024 - Premium Bullion 1oz Silver Majestic Polar Bear Coin First Strike Mintage: 5,000

2024 - Premium Bullion 1oz Silver Majestic Polar Bear Coin Mint State Mintage: 20,000

The Royal Canadian Mint provides:

• Free & easy refunds (Canadian Residents only, see details)
• 30 day money-back guarantee on all orders (see details)

Free Ground Shipping on orders over $100 (Canada & US)

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