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1994 1/15 ounce Canada gold coin

BarndogBarndog Posts: 20,525 ✭✭✭✭✭
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?

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    nibannynibanny Posts: 2,761


    << <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).
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
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    BarndogBarndog Posts: 20,525 ✭✭✭✭✭


    << <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 image
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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Any pics of this 1/15ozer?
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    mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <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] >>

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    mrpaseomrpaseo Posts: 4,753 ✭✭✭
    $475 (Also states Mintage as 3,540)

    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

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    mrpaseomrpaseo Posts: 4,753 ✭✭✭
    This site says that these coins were made in Hong Kong (Which may back up the "Made for Jewelry" theory).
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    BarndogBarndog Posts: 20,525 ✭✭✭✭✭
    Thanks for all of the information. I guess it was a good buy.




    << <i>Any pics of this 1/15ozer? >>



    looks like the coins people referenced in the links...except mine is in a 2x2 holder
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    mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I'm finding that most sites have the same exact information written about the 1/15 ozer.
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    mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>...I guess it was a good buy... >>



    What did you pay for it if you don't mind?

    Ray
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    mrpaseomrpaseo Posts: 4,753 ✭✭✭
    Last link

    This one has a more accurate purity/weight etc but has the same write up.

    Best.
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    PokermandudePokermandude Posts: 2,713 ✭✭✭


    << <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.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
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    nibannynibanny Posts: 2,761
    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!)
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
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    mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <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
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    mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <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.
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    CaptHenwayCaptHenway Posts: 33,877 ✭✭✭✭✭
    They were real hard to sell when they came out. Too much of a premium, IIRC.
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    BarndogBarndog Posts: 20,525 ✭✭✭✭✭


    << <i>

    << <i>...I guess it was a good buy... >>



    What did you pay for it if you don't mind?

    Ray >>



    $110
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    nibannynibanny Posts: 2,761
    Great buy! image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
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    mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>Great buy! image >>



    Agreed
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