Some More Canada Gold

bosox

I am pretty happy with this short series. There are a few better ones out there, but not that many. They are very hard to find with relatively clean fields. Even high-grade ones often have quite a bit of chatter. Thanks to @DanB1962 for putting me on to his former 1913.

$10 - 1912, PCGS MS-65. Pop 8/6. Great fields, but a hit on the cheek keeps it from higher.

$10 - 1913, PCGS MS-65. Pop 34/1. As nice as the 1914 shown below.

$10 - 1914, PCGS MS-65+. Pop 31/14.

The_Dinosaur_Man

Nice pieces!

Samets

Lovely coins. Congrats.

syl

Wow, Rob. Those are a long way from Vicky large cents!

bosox

Wow, Rob. Those are a long way from Vicky large cents!

They are. One thousand times to be exact. For the past year or two, I have been running out of steam on the large cents. I see very few cents these days that will help my core collection. So, as a diversion, or perhaps a new direction, I have headed into Canada gold, including sovereigns. Time will tell how deeply I go in that direction. If I buy a 1916-C, then you will know I am serious. Perhaps eventually there might be a book there.

I still do, once in a while, find a compelling one-cent piece. With Mr. Eureka's help, I recently bought the A. H. Prince example of the 1858 pattern, which is a really nice piece. I posted it in another thread. It is my second example of these, as I have one of the Farouk/Norweb examples as well.

I still look for new, or better examples of, the 1858 and 1859 W9/8 die pairs. My goal is to have all 95 known die marriages preserved in PCGS holders. I have all but 11 of them now. I am not sure what to do with them once I finish, but it a fun pursuit.

Collecting over the past 60 years has been a tremendous journey, and I think (hope) I still have several years to go. I am in my early 70s, so in a few years, I will divest in some manner, as my kids would rather have the monetary value than the coins. I am sure I am not alone in that regard. Meanwhile, I am still enjoying the ride.

TomB

Holy Crud those are nice! The 1912, as you note, is by far the most difficult in the trio, both in terms of general availability as well as availability in high grade. Nice coins!

Lhotse

Outstanding Mr. Turner. Well done. I am curious as to your opinion of the pre graded PCGS coins vs the hoard graded coins. In my limited experience it appears to me that PCGS was very forgiving in their grading of the hoard coins. I also find it odd that there are not more gem 1914's appearing for sale. After all PCGS pop. reports indicate there are 518 coins graded MS 65 and above.

bosox

I am just tiptoeing into the Canada gold, so I am certainly no expert. Others are far higher up on this particular learning curve than I am.

As I said above, finding any of the dates with nice fields is difficult, including the hoard coins. I suspect it had to do with how they were stored in Ottawa. My experience is that all the TPGs, including the Canadian ones, are a bit lenient when it comes to bag marks and chatter in the coin fields. The ones with clean fields are keepers.

Regarding the 1914 $10, I think they are the date that many collectors have used for a ten-dollar type coin. Because of this, I think the best ones are hoarded in higher numbers than the other dates.

What I am seeing, now that gold is at $4K per ounce, is the MS-64 and lower pieces are hitting the market in great numbers. With nearly a half ounce of gold in each ten-dollar piece, I suspect many of the 61-62-63 examples are going to the melting pot.

bosox

I am wondering what happens to the scarcer issues, like the 1912 Ten Dollar. MS-63 and below now essentially sells for melt. PCGS has only graded 50 of them above 63. This scarce coin may become considerably scarcer. Is there sufficient demand to drive up the prices when many of the lower graded ones disappear? Dunno.

asheland

That’s a great set! I’m still trying to locate a 1912 in 63.

I managed to get all of the fives in the same lot several years ago, I love this set!

TomB

I would hope that a date like 1912, in both the $5 and $10 denominations, would escape the melting pot.

bosox

@TomB I don't know. I understand and agree with your sentiment, but these four August sales at Heritage are essentially at, or below, today's melt prices. I hope I am wrong, but It will not surprise me to see these start going to the smelter, particularly if the price of gold goes up from here.

https://coins.ha.com/itm/canada/canada-george-v-gold-10-dollars-1912-au58-ngc-/a/232535-64194.s?ic4=ListView-ShortDescription-071515

https://coins.ha.com/itm/canada/canada-george-v-gold-10-dollars-1912-ms60-ngc-/a/61536-22117.s?ic4=ListView-ShortDescription-071515

https://coins.ha.com/itm/canada/canada-george-v-gold-5-dollars-1912-ms64-pcgs-/a/61536-22106.s?ic4=ListView-ShortDescription-071515

https://coins.ha.com/itm/canada/canada-george-v-gold-5-dollars-1912-ms63-ngc-/a/61536-22108.s?ic4=ListView-ShortDescription-071515

DanB1962

I'm glad to hear my former coins are finding homes where they are appreciated. For those wanting to learn more about these coins, particularly the Gold Reserves released in 2013-14, I suggest you go to Youtube and search "PCGS and Sandy Campbell"

For those seeking, I have a 1912 $10 in pcgs MS63 that could be available, and yeah, not much of a premium over melt when golds at $5700+ cad/oz ($4100 usd)

All my pcgs gold hoard coins were previously graded by ICCS (here in Canada) so yeah, PCGS gives more accurate grades because they consider the eye appeal (the amazing original lustre from being stored for years) than ICCS does....I don't want to hijack this thread, so if you have a specific question, you can pm me.

lordmarcovan

Handsome Georgies!