1913 George V Bank of Canada Hoard Gold $10 Coin Slabbed.
Highly sought after by collectors, this 1913 Gold $10 coin is among the first Canadian gold coins, which were believed to be forgotten about for around 100 years.
The Bank of Canada hoard $10 and $5 coins have been described as a legend by coin collectors.
This coin has been slabbed by the NGC and graded MS-63.
Although Canada began producing gold coins in 1908, these were British sovereigns so weren't technically Canadian.
The first Canadian gold coins were issued between 1912-1914 with $5 and $10 denominations.
Unfortunately, due to the outbreak of WWI, the production of gold coins was dropped, in favour of gold bars. Furthermore, the government's decision to hold on to its gold reserves meant that many of these coins never reached circulation and were left in the Bank of Canada's vaults.
Over time, these $10 and $5 coins were mostly forgotten about. One researcher, James Haxby, identified the possible whereabouts of the coins but very few people were even aware of them.
When Canada decided to sell off its reserves, the 1912-1914 coins were the only ones left. In 2012 the Bank of Canada and the Royal Canadian Mint released 30,000 of the $10 and $5 coins which sold out instantly. The remaining 200,000 were melted.
The obverse features Edgar Bertram Mackennal's portrait of King George V.
GEORGIVS V DEI GRA: REX ET IND:IMP:
The reverse features the Canadian coats of arms which are surrounded by 2 maple leaf branches. It was designed by W.H.J. Blakemore.
The shield is split into 4 parts containing the coats of arms of the 4 Canadian provinces of Ontario, Quebec, New Brunswick and Nova Scotia.
|Gold Weight Troy Ounces||0.484|
|Fineness / Carat||0.900 / 21.6|
|Obverse Designer||Edgar Bertram MacKennal|
|Reverse Designer||W.H.J. Blakemore|
|Issuing Monarch||George V (1910-1936)|
|Mint / Brand||Ottawa Mint|
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