Oops! Canadian Mint’s New Release Isn’t the World’s First Diamond-Shaped Coin
A little over a week ago, we introduced you to the Royal Canadian Mint’s three-dimensional, diamond-shaped collectible coin — a .999 fine silver coin adorned with an actual 0.20-carat square-cut diamond. At the time, we reported that the unique offering was the world’s first diamond-shaped coin.
But now we have to correct the record. The kudos for innovation really should be directed at Switzerland’s Helvetic Mint, which unveiled its own limited-edition, diamond-studded, diamond-shaped coin nearly four years earlier.
Coin World‘s Jeff Starck pointed out in a Monday article that many media outlets had misinterpreted the Royal Canadian Mint’s product description, which wasn’t 100% clear on whether the innovative shape was a first-ever accomplishment for the Royal Canadian Mint or any mint.
On its official website, the Royal Canadian Mint stated, “…This first-ever diamond-shaped coin is an exciting addition to our premium lineup in 2020.” The mint clarified later in the writeup, “This is the first time we’ve (emphasis added) struck such a uniquely shaped and dimensional… coin. An engineering feat that was over a year in the making!”
Even if it wasn’t the first of its kind, RCM’s 2020 diamond-shaped coin was an instant hit and quickly sold out of its mintage of 700 coins. Each coin carried a price tag of $1,500 CAD (about $1,117 US).