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Collectible Coins
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1912 $10 Gold Bank of Canada Hoard ANACS MS63
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Item Number: NK10731
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1912 $10 Gold Bank of Canada Hoard – ANACS MS63
Minted In 1912, the same year that the famed Titanic sank roughly 900 kilometers off the coast of Newfoundland
The Bank of Canada hoard is the most notable treasure hoard and precious cache of gold coins discovered in recent 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 of all serious gold coin collectors.
Ian
E. Bennett, President and CEO of the Royal Canadian Mint said, “We are
delighted that these pieces of our history are back in the spotlight
after nearly a century long absence, the Mint is delighted to share
these important artifacts with collectors worldwide”.
Canada did
not produce any gold coins until 1912, the first gold coins were a $5
and $10 coin minted from a quarter ounce and half ounce of gold. The
design bears the image of King George V on the obverse and a shield
bearing the Arms of the Dominion of Canada on the reverse. Almost all of
the gold used to manufacture them came from the nearby Klondike River
Valley in the Yukon Territory, the site of one of the largest and most
frenzied gold rushes in history.
In 1914, just two years after
the coins were introduced, the First World War began. The short-lived,
experimental Canadian gold coin program was closed in 1915 in favor of
producing lifeless gold bars, leaving behind only a small supply of gold
coins for future generations of collectors to get their hands on!
As
Canada engaged in the war sending its troops to fight with the Allies
on the battlefields of Europe, the government of Canada took a tight
hold of its gold reserves. Most of the gold coins produced for
circulation would never reach the hands of Canadians. Instead, they were
entrusted to the secure vaults of Canadian banks, the Department of
Finance and eventually, the Bank of Canada; where the coins remained
undisturbed in cloth bags for more than 75 years prior to the discovery
and release of this important and exceptional hoard.
De facto Coat of Arms adopted in 1868
The
coins are steeped in history. the design on the reverse of the coins
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 much later in 1921.
Specifications
• Date 1912
• Denomination $10
• Composition: Gold
• Fineness 0.900
• Weight 0.4387 oz.
• Original Mintage 74,759
• Grade: MS63
• Service ANACS
• Population UNDER 100
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