1967 $20 Gold Coin - How Many Left?

Yes that's true there have been spikes. But these sets were not bought for bullion value - heck in that era I can recall it's wasn't extraordinary to see men with gold fillings on their teeth! So I'd be very surprised if the majority of owners watched for spikes in gold prices, waiting to sell. It probably never occurred to the average owner that the coins had value greater than $20 unless they were active in bullion markets. It was simply a souvenir set of a past event, during a time when it was a habit to hoard a lot more old stuff than most of us do today,

As aghawk mentioned, it would be more likely if they became part of an estate and either got appraised or outright sold or dumped . But I'm not convinced in 50 years that fate was met by 75%.

Sure, many people might sell it. Others might keep it, understanding the value of asset diversification.

And 1967 was 50 years ago. It's reasonable that anyone above the age, say 10 years old was familiar with the Centennial at the time their family might have bought or was gifted one or more sets as original owner/s. There's no way 75% of the people in those families aged 60 to 80 are now no longer living. However I might be convinced that up to half of the gold $20 have by now been melted.

A nice one with a heavy Cameo and no hairlines or Red spots (copper bleed) is what you should look for. With gold reapproaching all time highs in Canadian dollar terms ($1600) expect to pay full gold plus a few points.

You can find the sets on ebay for around $1,000. Some Canadian dealers are selling for $950-$1,000. Check their websites or call for pricing.

It is the same design (and almost same size) as the nickel 50c coin, yet so many people don't bother to collect 50c coins beyond 1967...

Interesting point to ponder. Personally I think people holding silver collections with any thought of passing it down to younger generations would be very wise to continue at least one or more denominations into present times.....even if it's obtained by way of uncirculated sets.

In my opinion it's the recipients personal memories associated to the year of coins, as opposed to what they're made from, that becomes the connection, "the hook", that leads further down the path of numismatic interest in general.

I guess getting back to one of my original questions that started this thread I'm supposing that even if 80% of the original 334,000 1967 $20 coins have been melted (something that can't be verified one way or another) - that still is not a low enough number to cause this coin to gain any numismatic value. Would that be the case?

I agree with low demand. A couple factors I suppose - the past and present price of gold determines it's fairly high value already and it's not old enough to be considered truly historical. However if it's is ever to peak in numismatic interest in the near future that will happen next year with the 150th Centennial. One of the things I've learned by current event coins that I now try to avoid, be it millenniums, flags, olympics, anniversaries, whatever is they only hold appeal for that very limited period of time or when another similar event occurs.

But even lower grades Canada $5 and $10 gold coins 1912-1914 generally are priced higher than bullion value......whats the difference? I'd guess the historical aspect and their increased awareness due to release of the hoard?