Last updated on July 10th, 2020 at 03:45 pm
Last Updated on July 10, 2020 Posted by Colonial Acres Coins
In 1853, Canada decided to implement the gold standard. This allowed trade to be straightforward, but it also meant that appropriate amounts of gold needed to be kept in reserve to support the country’s currency. One of the benefits of this decision was that it fueled interest in the Canadian mint and particularly in the production and design of gold coins. When local miners found gold in the Klondike area of Yukon, thousands of Canadians got caught up in the gold rush. The Dominion Government soon caught on and, in 1912, ordered the production of 8,000 gold coins, each worth five dollars, and the same quantity of 10-dollar gold coins. This was the very beginning of Canadian coins made of gold.
The First Gold Coins That Were Truly Canadian
From raw material to design, the first gold coins to be minted in Canada were genuinely Canadian in almost every aspect. Composed almost entirely from Canadian gold, much of it from the Klondike region in 1912, their production continued throughout 1913 and 1914. The design featured the de facto Coat of Arms – the first symbol of Canada to ever appear on a gold coin. Above the shield, the word “CANADA” was engraved on the coin, along with the date and value. The effigy of King George V was featured on the obverse.
- The coin set will include an official Certificate of Authenticity, as well as one of the original bags and tags that held and identified the coins in the Bank of Canada’s vault
- The authentic 1912-1914 first Canadian gold coins are composed of fine Canadian gold, the majority of which was sourced in the Klondike region (1912) and Ontario (1913-1914)
- The only way you can get your hands on the 1912 $10 Premium gold coin from the Royal Canadian Mint is to purchase it as part of this set (not available as a single)
- Only 140 six-coin sets were assembled from the best of the 1912, 1913 and 1914 $5 and $10 gold coins
What About the Packaging?
The presentation of the coins is exquisite thanks to the exclusive Canadian maple wood case that prominently features all premium coins, which are encased in capsules featuring gold holographic security seals. You’ll also find the previously mentioned certificate of authenticity in the case, along with an original cloth bag that held the coins the Bank of Canada vaults and an authentic identification bag. The case itself is protected by a black beauty box.
Looking to Invest in These Rarest Among Rare Coins? Check Out Colonial Acres Coins
When it comes to Canadian coins, there are countless out there that deserve praise for a number of different reasons: their value, craftsmanship, level of detail, manufacturing features and so on. But when it comes to the actual original, quintessential gold coins that were first minted in Canada more than a century ago, there’s only one place to look for them – Colonial Acres Coins. Colonial Acres Coins has been in the business for more than two decades and is home to a wide array of the most diverse and intriguing coin pieces known to numismatists. Among these are the original 1912 gold pieces first minted in Canada, so head down to Colonial Acres today for a chance to invest in your very own piece of numismatic history.