1994 1/15 ounce Canada gold coin
Barndog
Posts: 20,492 ✭✭✭✭✭
I almost forgot about (aboot?) picking up one of these today when I got the 3 ounce Engelhard. My dealer just took it in yesterday, said he almost never sees these things. It is dated 1994, states it is 1/15 ounce gold 9999 and has a two dollar denomination.
Anyone have information on these?
Anyone have information on these?
0
Comments
<< <i>I almost forgot about (aboot?) picking up one of these today when I got the 3 ounce Engelhard. My dealer just took it in yesterday, said he almost never sees these things. It is dated 1994, states it is 1/15 ounce gold 9999 and has a two dollar denomination.
Anyone have information on these? >>
Cool coin! I have one still mint sealed. It has a mintage of less than 3500 coins, according to my file.
They don't come out often for sale. I monitor then on eBay by the BIN price are close to $300 (not selling).
<< <i>
<< <i>I almost forgot about (aboot?) picking up one of these today when I got the 3 ounce Engelhard. My dealer just took it in yesterday, said he almost never sees these things. It is dated 1994, states it is 1/15 ounce gold 9999 and has a two dollar denomination.
Anyone have information on these? >>
Cool coin! I have one still mint sealed. It has a mintage of less than 3500 coins, according to my file.
They don't come out often for sale. I monitor then on eBay by the BIN price are close to $300 (not selling). >>
Thanks. Now I will have to reconsider why I bought it
<< <i>Anyone have information on these? >>
Coin on the bay
Go here to read this: (Take note to the bold)
<< <i>The Canadian Gold Maple Leaf is the official bullion gold coin of Canada, and is produced by the Royal Canadian Mint. It is one of the purest gold regular-issue coins produced[citation needed] with a gold content of .9999 millesimal fineness (24 carats), with some special issues .99999 fine. That is, it contains virtually no base metals at all—only gold, from mines in Canada.[citation needed] The coin was introduced in 1979. At the time the only bullion coin was the Krugerrand, which was not widely available because of the economic boycott of apartheid-era South Africa. Coins minted between 1979 and 1982 have a gold content of .999. The coin is offered in 1⁄25 oz., 1⁄20 oz., 1⁄10 oz., 1⁄4 oz., 1⁄2 oz., and 1 oz. denominations and is guaranteed to contain the stated amount (in troy ounces) of .9999 fine gold (24- carat). The coins have legal tender status in Canada for their face values ($1, $5, $10, $20 and $50), subject to the Canadian Currency Act and the Royal Canadian Mint Act. Although categorized as "non-circulating bullion coins" in the Mint Act, these coins are still legal tender under the Currency Act.[1] The 1⁄20 [14.15mm X .79mm], 1⁄10 [16.05mm X 1.14mm], 1⁄4 [19.75mm X 1.70mm], and 1⁄2 [25.12mm X 2.24mm] troy ounce coins are identical in design to the one-troy-ounce coin [30.00mm X 2.79mm], except for markings on the obverse and reverse sides indicating the weight and face value of the coin. In 1994, 1⁄15 oz. ($2.00 face value) gold and platinum coins were issued, possibly for use in jewellery. They were not very popular, and 1994 remains the only year in which 1⁄15 oz gold and platinum bullion coins were produced.
Starting in 1988 Maple Leaf coins have also been struck in .9995-fine platinum, having the same weights and face values as the gold coins. Since 1988, a one-ounce .9999-fine silver Maple Leaf has also been struck, with a face value of $5. In 2005, a .9995-fine palladium Maple Leaf 1 oz coin was introduced, with a face value of $50. This palladium coin is subject to the federal Goods and Services Tax in Canada. On May 3, 2007, the Royal Canadian Mint unveiled a Gold Maple Leaf coin with a face value of $1 million,[2] though the gold content was worth over $2 million at the time. It measures 50 cm in diameter by 3 cm thick and has a mass of 100 kg, with a purity of 99.999%. The artist is Stanley Witten. The coin is mainly a promotional product, to give the mint a higher international profile.[2] The hundred-kilogram coin was conceived as a one-off showpiece to promote the mint's new line of 99.999-percent-pure one-ounce Gold Maple Leaf bullion coins,[2] but after several interested buyers came forward the mint announced it would manufacture them as ordered and sell them for between $2.5 and $3 million. As of May 3, 2007 there were five confirmed orders.[3] >>
Here is the Platinum example.
This site shows the different Date/Weight/Purity of each Maple coin. This is interesting if someone is interested in making a Maple Leaf type set.
Troy Onces: 1/15
Date Minted: 1994
Weight (Grams): 2.07
Purity: 0.9999
Denimination: $2
<< <i>Any pics of this 1/15ozer? >>
looks like the coins people referenced in the links...except mine is in a 2x2 holder
<< <i>...I guess it was a good buy... >>
What did you pay for it if you don't mind?
Ray
This one has a more accurate purity/weight etc but has the same write up.
Best.
<< <i>This site says that these coins were made in Hong Kong (Which may back up the "Made for Jewelry" theory). >>
"The Royal Canadian Mint launches the 1/15 troy ounce gold Maple Leaf bullion coin, in Hong Kong"
I read that as the RCM minted coins (in Canada) to be sold at stores in Hong Kong. I don't know for sure, but I highly doubt they minted them in Hong Kong.
<< <i>I have been chasing the Pt one for over 3 years but couldn't find any priced right. (the few I saw were in the $600 range!) >>
It's interesting to note that the Platinum and Gold have the same denomination.
Here is the platinum
<< <i>I have been chasing the Pt one for over 3 years but couldn't find any priced right. (the few I saw were in the $600 range!) >>
$699.99 Basically the only one I could find for sale.
<< <i>
<< <i>...I guess it was a good buy... >>
What did you pay for it if you don't mind?
Ray >>
$110
<< <i>Great buy!
Agreed