Business news from Ukraine

Business news from Ukraine

Canadian Mint to direct net proceeds from sale of Pysanka coins to aid Ukraine

12 February , 2023  

The Canadian Mint has decided to direct the net proceeds from the sale of its annual Pysanka 2023 gold and silver coin issue to humanitarian aid for Ukraine.
“Your Fine Silver Pysanka 2023 is designed in a Tripolitan artistic style based on the drawings of prehistoric earthenware and executed in natural colors,” the description of the silver coin notes.
“And on the 99.99% pure gold gold peeing coin, the beloved floral emblem of the Ukrainian people (sunflower) is surrounded by symbols that celebrate the return of the sun, and with it the arrival of spring,” the Mint of Canada pointed out.
Coins in the traditional pysanka form were issued in 7,500 and 275 pieces, respectively, and at a face value of CAD 20 and CAD 250 respectively, and were offered at CAD 139.95 and CAD 6999.95.
“Yesterday the Royal Canadian Mint released an incredibly beautiful coin depicting a Ukrainian pysanka… The entire collection, which is 7500 coins, was completely sold out for the day”, – said, in turn, the Ukrainian Ambassador Yulia Kovaliv.
The total amount of coins sold at declared value – 2.97 million Canadian dollars (about $ 2.23 million at current exchange rate) at a total denomination of $ 0.150 million Canadian dollars.

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