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Topic Title: 1912 - 1914 Canada $5 & $10 Hoard Being Sold!
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Created On: 11/29/2012 5:07 PM
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 11/29/2012 5:07 PM
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candy2012mustan..
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Check it out-

http://www.mint.ca/store/product/1912.jsp?campaignName=war1912&pId=1200006&lang=en_CA

"" Most of the coins would never reach the hands of Canadians; instead, they would be entrusted to the secure vaults of Canadian banks, the Department of Finance and, eventually, the Bank of Canada. The coins remained in cloth bags in the Bank of Canada's vaults for more than 75 years, fading from memory into the veiled treasuries of history – until now.""
 11/29/2012 5:26 PM
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CaptHenway
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Holy Bleep, Batman! That's the Royal Canadian Mint selling 1912-1914 $5 & $10 gold coins!

A complete set of six for only $12,000 Canadian!

Linky, eh?

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In spite of the cost of living, it's still popular. ~Kathleen Norris~
 11/29/2012 5:36 PM
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Pokermandude
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In before the cries "wrong forum!"

By the way, these 1912-1914 Candian gold $5 and $10 coins were minted with the same specifications as the US $5 and $10 coins of the time period. 8.36g and 16.72g of 90% gold, respectively.

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http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Prodcuts & Collections
 11/29/2012 5:48 PM
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Kaelasdad
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Imagine if the USMINT did this ......yummm
 11/29/2012 5:51 PM
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candy2012mustan..
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Remind anyone of the GSA morgans?
 11/29/2012 5:56 PM
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Walkerguy21D
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Very cool - thanks for posting.



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 11/29/2012 6:12 PM
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Brol
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I'm still waiting for 1895 business strike Morgans to be found in Government vault
 11/29/2012 6:34 PM
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messydesk
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There must have been very few "premium" 1912 $10s. The other 5 coins bought as singles (if some weren't sold out) would be $6125. A "non-premium" set of 6 is a rather reasonable $4500.

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John
President, Society of Silver Dollar Collectors • Professional Coin Imaging at CSNS, Schaumburg, IL. Table 805
 11/29/2012 6:56 PM
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copperhunter
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I wonder if matrix purchased any?

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Chris' Non-Red Lincoln Set 1909-1958
Chris' Complete Lincoln Variety Set 1909-date
 11/29/2012 7:17 PM
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MsMorrisine
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I want some for First Strike!

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Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
 11/29/2012 7:41 PM
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tydye
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Wow! That is cool! If I had 12K to blow I would pick up a set
 11/29/2012 7:57 PM
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candy2012mustan..
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You could buy singles!
 11/29/2012 8:25 PM
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Yukoncornelius1
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Thanks for posting this, I just purchased a 1913 $5 gold piece for $500 and a 1914 $10 gold piece for $1,000 hopefully the cheaper ones are at least nice AU coins. You know I just love silver and gold...silver and gold...
 11/29/2012 8:31 PM
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messydesk
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<< I want some for First Strike! >>


POTD! Is there vanity label guidance for these yet?

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John
President, Society of Silver Dollar Collectors • Professional Coin Imaging at CSNS, Schaumburg, IL. Table 805
 11/29/2012 8:32 PM
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Realone
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2 questions:
are they being sold at melt with all the fees etc
how many were found in the bank hoard?

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'Never give in, never yield to the apparently overwhelming might of the enemy'.
FYI: I only collect naturally toned coins with original surfaces and nothing else, trust me nothing else!
OK with one exception!
 11/29/2012 8:38 PM
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candy2012mustan..
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""""Approximately 245,000 King George V $5 and $10 gold coins dated 1912, 1913 or 1914 are currently held in the Exchange Fund Account (EFA), controlled by the Minister of Finance. To liquidate these physical assets and convert them into high credit quality, marketable fixed income securities, 30,000 of these coins were hand-selected for sale as high-quality treasures of Canada's numismatic past. The remaining coins bearing imperfections from handling or environmental conditions will be melted and refined into pure gold by the Mint, which will convert them into a tradable, liquid asset.

The following coins are being made available to the public:

Premium Hand-Selected 6-Coin Set (140 sets - $12,000 each)
Premium Hand-Selected 1912, 1913 and 1914 $5 single gold coins (291 coins - $875 each)
Premium Hand-Selected 1913 and 1914 $10 single gold coins (4,869 coins - $1,750 each)
Hand-Selected 1912, 1913 and 1914 $5 single gold coins (5,050 coins - $500 each)
Hand-Selected 1912, 1913 and 1914 $10 single gold coins (18,950 coins - $1,000 each)
These exclusive collectibles are being offered in Premium Hand-Selected and Hand-Selected categories to provide flexible pricing options while delivering the high product quality our customers expect.""""
 11/29/2012 8:40 PM
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GrumpyEd
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<< Remind anyone of the GSA morgans? >>



Yes it does!
 11/29/2012 8:41 PM
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MsMorrisine
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<< To liquidate these physical assets and convert them into high credit quality, marketable fixed income securities, >>



now THAT is funny.


post that on the Precious Metals forum and everyone will be laughing.

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Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
 11/29/2012 8:42 PM
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Yukoncornelius1
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<< 2 questions:
are they being sold at melt with all the fees etc
how many were found in the bank hoard?
>>



I didn't see anything on their site indicating how many were found but only around 350,000 $10 gold pieces were minted total and just under 300,000 $5 gold pieces were minted so much less supply of Canadian gold coins than U.S.
I find the design of them attractive and usually never see any for sale at the shows I attend plus the price isn't much above melt so rather than purchase a 1/2 or 1/4 oz. maple or eagle I would rather own something interesting with a little history behind it.

Thanks candy mustang for the info.
 11/29/2012 8:44 PM
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candy2012mustan..
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Here are the pictures of the selection process - the coins are from original mint state bags:

http://www.mycanadiancoins.com/selection_process.html
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