1914 $10 Bank of Canada Hoard Uncirculated Premium Hand Picked

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Price: $2,300.00
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Item Number: NK10705

1914 $10 Bank of Canada Hoard Uncirculated  – Premium  Hand Picked
 
Premium Hand Selected Gold by Royal Canadian Mint Personnel

For the collector who demands nothing but the best, the Mint’s 1912-14 $5 and $10 first Canadian gold coins are being offered in Premium Hand-Selected quality. These coins were hand-picked by Mint personnel for maximum eye-appeal and nearly pristine quality. Their luster is without equal, as are the quality of their detail and their virtually unblemished surfaces….. Source Royal Canadian Mint.

Don’t confuse these coins with the hand selected coins and price. These are the Premium hand selected coins selected by Mint personnel from the Bank of Canada hoard; 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”.

These $10 coins were minted in 1914 from a 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.

Coins issued in 1914  were the final coins issued in the short-lived, experimental Canadian gold coin program. 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 1914
• Denomination $10
• Composition: Gold
• Fineness 0.900
• Weight 0.4387 oz.
• Original Mintage 140,068
• Grade: Premium hand selected