Royal Canadian Mint Gold Processing and Minting (English)
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- čas přidán 4. 06. 2015
- This was from the Discovery Channel show On The Inside recorded in 1999. This segment shows the RCM refining gold, rolling it, and making 1oz coins. The video is in English.
Additional Information:
It appears the music heard starting at 5:36 is copyrighted but allowed to be used. If ads appear they are not from me.
"The 1 oz gold maple leaf. Worth about $300." Wow, if only.
That's exactly where I stopped and had to go to the comments, LMFAO
Bruh I went straight to the comments after hearing this ☠️
Worth 2407 as of today
by 2030 you will say the same 1oz gold 1700$.... wow so bloody cheap back than...
No way
Legend has it that, to this day, they are still refining that gold.
So awesome they have their own smelter, their own refinery, their own rolling mill, their own presses. It's like a huge Detroit steel mill all scaled down into one building.
Joseph Astier with out the crack heads 😅💊😳
HUSSEIN was HUNGARIAN
1:23 "The fumes are poisonous and must be vented away." Guy is hovering over it with no respirator.
The maple syrup flowing through his veins keeps him safe from the chlorine.
I wonder what the lung cancer rate of guys that stand over Chlorine fume all day is.
There was a suction port
I feel like they didn’t actually show us the refining process, this looks to be just smelting, scrapping dross or slag off the top of a crucible is common & the idea of refining gold with chlorine while molten sounds insane although I’m not an expert.
This is usually done at room temperature where the gold is dissolved in solution where the other trace metals can be filtered off
When documentaries were documentaries..
Colt SAAs have maintained a value almost the same as 1 oz of gold throughout its history.When the first ones were made they sold for roughly$20 bucks while the liberty head $20 gold coin was the same price.Now a custom shop single action will run you around $1800 while gold is you guessed it $1800 oz!
Totally fascinating. Thank you for sharing this wonderful documentary. I really enjoyed watching this 💜
My friend brought £40,000 worth of gold in 2003, now it worth £230,000 pounds 😭
There is never any mention of the geniuses that build all of the fantastic machinery that makes all things...not just gold , but everything .
There's a youtube chanel called "machine thinking" your gonne like it
Maybe large machines aren't built/designed by one person but it's more of a group effort?
Как приятно смотреть на всё это!
Аж дух захватывает! 👍
Wow a 1 oz maple leaf gold coin was only $300! They are now over $1200 each. I wish I could afford to buy one.
Benjamin Ben-Shimon haha I remember that time. gold/$300 silver/$5 platinum/&500 per oz days.
$5 platinum?
Platinum is common and not worth much but its value is after its been refined into a product as its so retardedly hard to work with
Well with inflation that $300 would be around $700 today but I get your point that it was cheap back then.
Looks like all the hundreds of millions of peeople trying to save up dollars in their bank accounts bet on the wrong horse.
$300 was price in 2001-2 when I started buying them
This was very interesting-Thanks!!
Great narrator. He also did the video on the U.S. Gold and Platinum coins.
this video was so relaxing to watch and interesting
this was probably filmed in the late 90's when gold price dipped to $300/oz.
9:14 + 8:54 99% sure it was filmed in 1999 ; )
Gold in 2001 was about $275 and in 2002-2003 it was in the $300 range
Just checked today (10/17/17). That 50 lb bar would be worth $938,000!
Mark Spalding a lifetime earning
Just checked today (11/14/19). That 50 lb bar would be worth $1,206,000!
Goes to show Fiat Currency even on a short/medium term scale is worthless. Gold/Silver are not currency, they are Money.
@@dialupdavid Two silver dollar coins and Two-$1dollar bills would fill your empty gas tank in 1960's America.
In 2019, two-$1 dollar bills won't fill your gas tank halfway; those two silver coins will fill up your gas tank.
Today 8-9-19: the 50 pound bar is worth $1,197,600. (+/- a few pennies)
Today it is worth $1,632,800
The crazy thing is that big bar is worth 1.3 million dollars now… almost a million more since this was filmed
Absolutely incredible!
I wish someone would upload the whole series. Discovery Ch aired a min series of the us mint history it was awesome. It cover many topics even an episode how money is printed
why is it not all refined the third or more times also what happens to the gold that is refined more times?
I was stationed in Thailand in 1970, and at times would go downtown and visit the local jewelry shops. A one ounce Swiss Credit of gold was selling for $35 and ounce. Had I known what was going to happen, I wouldn't have bought my Minolta SLR or my Kenwood stereo system, and bought gold instead. Sigh...
Oh man, what a missed opportunity! But, you know hindsight is always 20/20.
S. Smith 😳35 bucks😏wow
How did it go from that long flat piece to round coin sized!! I'm not going to be able to sleep now...
Wow what a video education this video was ' should I ever become wealthy I will be buying my gold & silver from The Royal Canadian Mint .
$300 was the price 30 years ago,but Great information here !
I love those maple leafs I have a collection of them
Ya that price really shows the date of this video. But still very interesting all the same.
Goldfinger, he's the man, the man with the Midas touch
ShakespeareCafe gold fingaa 😅🎶
Very interesting, investing in precious metals has been very fruitful, all thank to mr stephan briggs, his strategies has been the best.
Gold is an ever increasing market
@@miriamjoash2197 Stephan is a portfolio trader/ investment manager, he handles my investments in vast areas and he's making me good profits.
My last investment with him yielded over $86,000.
@@philfletcher7477 Consult him directly via "stephanbriggs54(a)gmail com" he's trusted
No my friend does though I plan to start investing with him by January then I should be done paying off my mortgage.
"Inevitably some gold will splash onto the floor, that gold is for the foundry worker whomever calls keepsies first."
The only sweeping job where they fight to get the job.
The sweeper drives a Lambo.
no one:
youtube: hey wanan see some gold video?
me: yea :-)
@The Doctor Jews, that's who cares about gold bro.
@The Doctor 700 ounces?!?!? damn, bro, I thought I was cool with a little over 50 ounces of silver!!
@The Doctor hell yeah
That 50lb ingot is now worth 1.2 million! He said 240k in the video. It's the value of the dollar dropping.
I wonder how they know when to stop skimming the molten metals? Watch it on each scoop as it cools to see the colour? Or they see an actual difference in the molten material?
skill and experience.But any crap is easily fixed by plating.The crap sinks to the bottom of the tank and has another useless metal called silver in it.( kidding)
Actually it goes thru electrolysis in final stage where only pure gold migrates to positively charged plates from smelted gold.
Idid a tour of this place a few years back, very interesting, and at that time, there were you tube articles saying that there was a shortage of gold and silver, lol, if they only saw how much gold and silver i saw.... believe me, no shortage of either. Rows and rows of gold and siver coils, and skids of very large bars of both as far as eye could see.....
Amazing. Late 90s to early 00s. About that price ($300/oz). I wish I gave a damn about gold at THAT time......I would have loaded up!
No shit! Unfortunately, that train left the station long ago!
and you will say the same thing about the current price 5 years from now. 🤣
dsn1964 if you are interested in buying gold our company has high quality gold for sell, $28000 per kilo if interested you may contact us at sierragold51@gmail.com for more details
Abubakarr Kawah sounds legit. 😆😆😂😂🤣🤣🤣
E Macías facts , will show you more proof
1:44 Just listen to him say "Pure gold."
I've always wondered about the stuff they skim off the top during refining process. Is there still a bit of gold in the stuff they skim off? Do they save up the skimmed off stuff and refine it further to make sure all the gold is out? I know with gold you don't want to waste any.
I'm sure they do
Does Dracula live there? How does he feel about silver?
Dracula isn't afraid of silver. But Werewolves are.
Awesome video my friend! Big congrats on passing 550! Keep it up! 👊
4:30 Great scene
my god, we did the pressing process by hand (and yes, it got really hot, we only went down to 22 carat, and the gold became really really hot with the 2 parts of silver, we just put on two pairs of gloves lol), we also anealed halfway through the process, before the final pressing and cutting out the blank coins, depending on the size of the coins required for the project
I guess the Tungsten is an 'optional' extra...
:51 “a sample” that more money than I’ll ever have
$300 an once?? When was this made? (8min mark)
As of 8/21/2019, that 50lb ingot of gold is worth more than $1.2 million
So when you work there at the mint you can't do a, one for you, one for me?
Royal Canadian Mint Silver Processing and Minting (English)
bought a few maples myself. 2400 CAD currently... ($300 triggered me)
300$ lmao I’ll take 10
would you have taken 10 when it was actually that price?
I'll take all 700,000
I would sell my home to buy as many as I could
@@hypehype6632 He'll yeah!!! Then you could buy as many houses as you fuckin want!!!!! Yee Haw!!!!!
I
ll sell my kidney
Cool. That ingot at the 5 minute mark is worth about $1,600,000 USD today (Feb, 2024).
I always thought of the Royal Canadian Mint as a giant peppermint pattie in the shape of an oak leaf.
Thanks for informative video
❤️Love from India ❤️
I would love a job like that, pressing the gold. Course I love Goooooold !!
...one for you, one for me...two for you, one two for me...
I rely enjoyed your video ,I am from Tasmania Australia.What is the smallest Gold coin that you make?
1g gold maple leaf
Thank you for the reply.@@jackdaniels2586
1oz for 300$🤔🤔 where is that at I need to buy some
Even though gold prices seem relatively high, gold that has been purified to .9999 from the Canadian mint is the way to go.
As I’m typing this, gold is $1,495.85 US per oz.
I wonder if these workers ever "drop" little bubbles of liquid gold to scoop up later and keep. I know i would be lookin for some kind of loophole to get me little chunks here and there
what happens to the gold that get refined even further than 9.999?
above that it start to be extremely costfull to refine it, and because the + value of a 0.0001% of gold is ridiculous, there is no need to refine it even more.
1oz gold maple worth 300$ ?
Ill take a tude at that price .
What yr was this vid made ?
yes, I thought the same thing.
Hmmmmmmmmmmmmmmmmmmmm??
My grandfather bought $100K worth of gold at $300 an oz in the late-90's lol
I am impressed
Would have been interesting to see the additional analysis they do (atomic absorption spectroscopy) to confirm its purity....! 🤔
Mary?
Please tell me what mint has a hard time attaining 99.5% fine gold ?
That $240,000 gold ingot is now worth over 1 million.
Wow amazing amazing
Wow😃👏😃really great.
I remember watching this documentary in high-school and was trying to buy these back then 2003-2004. I thought you can buy them at a bank and found it you can't, so I just gave up. Really wish I found a bullion trader back then
Today is oct 16th 2019. At 4:46 the price of 50 lb is $1,087,352.70.
You just made $847,352.70
What kind of acid is used for the electrolysis?
Sulphuric.
"Inevitably some gold will splash onto the floor"
Walks out of refinery with gold pieces in pocket. Finders Keepers lol
The Canadian mint always makes sure that your pockets aren't carrying any gold in them. If you intentionally try to pick up excess gold on the floor, you will be fired.
So how does one purchase a coin with so many fakes out there?
Good and great
Thumbs Up liked for you.
I got a sample during my visit.
Thanks.
A few questions for Royal Canada Mint (please provide details)
1. Who purchases the gold for Canada?
2. How do refining processes affect the value of Canadian gold?
asking on a youtube comment section isnt gonna get you any answers
Will you ever post the rest of this episode? I’ve been searching for it for weeks!
lol that giant slab of gold! $240k ingot in 1999 when gold was reaching 30yr low! quarter of today's price! now each slab is $1m. amazing!
One oz gold maple leaf was worth $300. Damn when was this video shot?
8:09 The effigy of Elizabeth in her younger years would indicate that these coins aren't .9999 fine. The coins pressed only between 1979 and 1982 contain .999 fineness. However since the hologram showed .9999, it's clear some of the footage was after 1982. Some had been before 82'
the new obverse by Dora de Pédery-Hunt we see here was introduced in 1990 and was changed for the actual obverse by Susanna Blunt in 2003.
At the end of the video, the Holographic special edition was struck in 1999 and at 8:55 you can see the 15$ silver coin "year of the rabbit" coin ( also struck in 1999) so i think the footage was taken somewhere in 1999
4:00 - no, the gold would not 'explode in the furnace' - the WATER would flash instantly to steam, with a consequent expansion of over 1700 times.
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wish i could work there lol
Where can I buy these Canadian Gold coins?
Kaze almost everywhere ( buy only from reputable dealer )
they are one of the most available gold coins in the world..... from California to India.....everywhere
$300 gold Maple Leaf. How far we've come!
That was in the 70's and late 40's to early 50's also Feb. of 2001 385.21/ troy ounce.
Where do they make the milk spots?
Never, it's the polish on the dies for the silver coins that cause milk spots. You will get copper red spots on them.
After you refine your gold, I would be happy to help you with the impurities you have removed.
This video must of been made in the early 2000s, because he said the 1 oz maple leaf was valued at $300 which is currently about to be over $2000.
1:45 Once that guy without the respirator skims off those poisonous boogers, the "Eureka" music starts.
Ok so how do l get a job here ?
He said a 1 oz gold Maple Leaf worth about $300 yeah right I wish
I am buying one this week 😁
300 bucks I wish! Check the price in 2019.
I know. My ears went up!
1500-+
300 dollars ... Wow!
How old is this video ?
From the 1700th century ?!?! Lol
My living father was alive when gold was still at $35 an ounce
1998-2002 according to APMEX chart
Today, March 11, 2020; gold is priced at $1,661 (US) per ounce.
5:00 just give me one of those.
This video was probably produced around 2000.
$300 I will take them all right now. I remember buying the us 4 pc set for $575 and wondering if I will get my money back. Now I would like a Time Machine.