The most prolific issuer of precious metal coins that sell for their face value, the Royal Canadian Mint has expanded the range from its original $20 denomination, through $50 and $100 to a new high, $200. As with the previous ranges, this one is struck in 0.9999 silver but increases in size to a healthier two troy ounces.

The first coin in this new series called ‘Landscapes of the North’ is titled ‘Towering Forests’ and the reverse side artwork is a beautiful representation of that theme. Designed by Canadian artist Ellen Cowie, the artwork revolves 360 degrees around a central waterway and depicts a myriad mix of Canadian flora and fauna, completely filling up the generous 50 mm diameter coin. No matter what orientation you hold the coin, some of the animals will always be the correct way up.

Helped by the usual Masters Club head-start, the coin will likely be at least 50% sold by the end of the weekend, so not one to hang around on if you want it.

Reverse: depicts a small waterfall and stream in a circular layout surrounded by a range of flora, including multiple maple leaves, and fauna. The animals depicted range from a frog, through numerous birds and on to a mix of mammals like a bear, a wolf and a beaver. At the top is the inscription CANADA, and at the bottom the inscription 200 DOLLARS 2014 representing the denomination and date of issue. Embedded in the artwork at the 3′o’clock position are the artists initials, EC.

Obverse: carries the usual Susannah Blunt portrait of Queen Elizabeth II, along with the inscription QUEEN ELIZABETH II to the left and D. G. REGINA to the right.

Packaging: the coin ships in an attractive coloured box instead of the usual maroon clamshell case and looks all the better for it.