The Bank of Canada hoard is one of the largest and most important discoveries of gold coins in North America during the last 100 years.
The gold coins in this hoard are phenomenal rarities and hold the unique distinction of being Canada’s first-ever gold coins. Their history and provenance demands the attention any serious gold coin collector. These coins were only produced from 1912-1914 because of the outbreak of World War 1. Most of them never went into circulation. Instead, they were entrusted to the secure vaults of Canadian banks, the Department of Finance and eventually, the Bank of Canada; where the coins have remained undisturbed in cloth bags for more than 75 years prior to their discovery and recent release.
These coins are steeped in history their design depicts the De facto Coat of Arms adopted in 1868; this was the first symbol of Canada to appear on a coin. Canada’s official Coat of Arms decreed by King George was not adopted until 1921. For more information on collectible coins click here
Coins from this hoard featured in our Newsletter to read about them click here
In June 2015, the Royal Canadian Mint melted more than one-third of all 1912 to 1914 gold Canadian coins ever made.
The melt comes more than two years after this hoard was discovered. The Royal Canadian Mint had hand picked 30,000 of the best coins from this hoard and made them available to collectors. Now that the hoard is completely sold out and the balance of the lesser quality coins have been melted; a base line should be drawn and these coins will find their true value in the market place.