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Silver Dollar Derivatives - Part Ix: 2009 Montreal Canadiens W/ Ice Stand

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CCF Master Historian of USA Commemoratives
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commems's Avatar
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 Posted 09/05/2018  4:44 pm Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message Number of Subscribers
Another in my series of posts about RCM SDs issued in custom packages...

In 2009, the Montreal Canadiens hockey team celebrated the 100th anniversary of its founding. The team was established on December 4, 1909 by John Ambrose O'Brien and played its first game in January 1910 as a member of the newly-formed National Hockey Association (NHA). The team completed one season under O'Brien's ownership, and was then sold to George Kennedy who renamed the team "Club Athletique Canadien." The team's name was changed in 1917 to "Club de hockey Canadien" - this remains the official name of the club today.

When the National Hockey League (NHL) was launched in 1917, the Montreal Canadiens were one of the six original teams. Over their 101-year NHL history, the Canadiens have won a record 3,374 games and have a .588 all-time winning percentage (tops among all NHL teams except for the Vegas Knights who have only played one season). They have appeared in 34 Stanley Cup championships (more than any other franchise), and have won 24 of them (also more than any other franchise); their last Cup victory was in 1993. The team is the most successful in NHL history.

In 2009, the Royal Canadian Mint ( RCM) commemorated the 100th anniversary of the founding of the Montreal Canadiens with a Special Edition silver dollar. The coin was struck with a proof finish and was enhanced with selective gold plating on its commemorative reverse as well as on its rim and edge. The coin has a diameter of 36.07 millimeters and a weight of 25.18 grams; it is 92.5% silver and 7.5% copper (sterling silver); it contains 0.7485 ounces of silver.

The coin was available in two packaging options. The standard packaging for the SD was an encapsulated coin placed in a square black clamshell case with a custom-printed commemorative sleeve; it had an issue price of $69.95 CAD.

The coin was also available in a "hockey ice-inspired coin stand" (the RCM's description) that was comprised of a black circular base topped with a clear piece of acrylic (meant to mimic ice) with a slot cut into it to hold the SD in a vertical orientation. To add a bit of realism to the stand, the printed graphic sheet below the acrylic "ice" displays several skate marks. As with the standard packaging option, the acrylic stand option was shipped in a custom-printed commemorative sleeve; it had an issue price of $74.95 CAD. It is surprising (at least to me!) that the difference between the two options was just $5.00. If offered today, I would expect the RCM to set the price differential at $20.00 or so.

The Special Edition SD had an overall mintage limit of 15,000; the RCM did not publish a limit for either of the packaging options. Per the RCM's 2009 Annual Report, the individual coin sold a total of 10,093 units while the coin w/ stand sold 4,907 units; a sales ratio of approximately 2:1. The SD was one of the RCM's sell-outs in 2009, doing so in just over a month.

A recent review of "Sold" coins on ebay shows a 7:1 ratio of standard packages to acrylic stand packages. Selling prices for the standard package were in the $80 to $95 CAD range; the single sale of the coin w/ stand closed at $165 CAD. All prices realized are above issue price; from 115% to 135% for the standard package and approximately 220% for the coin w/ stand. It should be noted, however, that these prices have fallen from those found two or three years ago.

Also in 2009, the RCM issued silver $20 Goalie Mask coins for each of Canada's six NHL teams (at the time); they were packaged with the same acrylic stand as the silver dollar. Paired together on a shelf or in a cabinet, the two Canadiens coins would make for a nice numismatic display for an avid fan! (If anyone has the Canadiens Goalie Mask coin, please feel free to add it to this thread!)

2009 Montreal Canadiens SD - Reverse
Silver-Dollar-Derivatives---Part-Ix:-2009-Montreal-Canadiens-W/-Ice-Stand

2009 Montreal Canadiens SD - Outer Commemorative Sleeve
Silver-Dollar-Derivatives---Part-Ix:-2009-Montreal-Canadiens-W/-Ice-Stand

2009 Montreal Canadiens SD - Coin on Acrylic Ice Stand
Silver-Dollar-Derivatives---Part-Ix:-2009-Montreal-Canadiens-W/-Ice-Stand

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
09/05/2018 4:45 pm
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Alex A's Avatar
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 Posted 09/05/2018  6:17 pm  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
Another excellent, informative post commems.

You must have enough material soon to publish a book?
CCF Master Historian of USA Commemoratives
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commems's Avatar
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12271 Posts
 Posted 09/06/2018  5:58 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@Alex A: Thank you for the kind feedback, I'm glad you enjoyed the post.

Yes, I have lots of material! I enjoy writing about Canada's commemorative SDs, but, unfortunately, I doubt there would be enough interest to pursue a full-length book.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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