DESCRIPTION
Coin with all bright original luster. Splendid coin.
Coin certified NGC MS 63.
PEDIGREE
Pedigree : Ex ” Bank of Canada Hoard”
Following Canada’s entry into World War I, the Canadian government took the decision to keep a hold on its gold reserves. This meant that very few of these gold coins ever reached the public and were instead held in the Bank of Canada’s vaults, where they remained for nearly a century.
Between 2000 and 2005 Canada began off-loading its gold reserves, with the only coins left being the 1912-1914 coins.
Towards the end of 2021, the Bank of Canada and the Royal Canadian Mint announced that they would be releasing around 30,000 of the $5 and $10 coins. The rest (around 200,000) were to be melted down.
Perhaps unsurprisingly, this hoard of coins gained significant interest due to their past and near legendary status, and sold out immediately.