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Is the Mint engaged in a dealership agreement with each of its authorized RCMPA Dealers?

April 26, 2017Agreement authorized Dealers Dealership engaged mint rcmpa

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Is the Mint engaged in a dealership agreement with each of its authorized RCMPA Dealers?

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No, the Mint has not entered into a dealership agreement with any of its authorized RCMPA Dealers. The Royal Canadian Mint has a collaborative arrangement with each distributor. Customers enter into an agreement to buy and sell precious metals with an authorized RCMPA Dealer. The customer then enters into a separate agreement with the Mint, who acts as custodian to the customer’s precious metals.