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Bank Of Canada 1912-14 Gold Coin Special RCM Release

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Pillar of the Community
Canada
871 Posts
 Posted 03/23/2013  1:59 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
Don't forget about MC status. Many of those people who are MC status today will need to spend $1000/year to keep their status.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/23/2013  2:00 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Being a master club member only benefits you by getting advanced notice of coins to be released. You can get that info on this forum. And master members get free shipping, which again is not that great if you can buy the same coin from Canada post or a coin shop. Also, if a specific Canada post location doesn't have what you are looking for but another one does, they will ship it there or to whatever location you want free of charge. Being a master club member can also get you a personal rep which has its benefits too. I don't know what criteria must be met to get a rep but I know some reps have offered special invitations and even free "gifts" to some members. These $5 and $10 coins are a rare occurrence being issued by RCM for (in most cases) less than the resell value.
Valued Member
coin_games's Avatar
Canada
319 Posts
 Posted 03/23/2013  2:04 pm  Show Profile   Bookmark this reply Add coin_games to your friends list Get a Link to this Reply

Quote:
K.. too many pages to go back to... but here's my questions:
1. Why are the following not sold out yet? 1913 and 1914 $10 HS, 1913 and 1914 $10 Premium HS?
2. As for the premium hand select $5, which one is the rarest?
3. How come there's no love for the 1913 HS $5?


1912 $10 Hand-Selected had the least released, I think it was 1,600.
1913 $10 had over 7000 and 1914 had almost 14000 released.

$5 Premium, most people like the 1914, but it had the most released 121
$5 Premium 1912 (62) & 1913 (45) released.
In my opinion the 1912 $5 premium is the "rarest" unless someone wants to complete the 3 coin set as only 45 people can do that.

This doesn't included the 140 6 coin sets.

A lot of the 1913 Hand-selected coins should have been melted... the ones I have seen are poor quality, not to say they are all like that. ;)
Edited by coin_games
03/23/2013 2:08 pm
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Lostwords's Avatar
Canada
1528 Posts
 Posted 03/23/2013  2:09 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply
Thank you very much Coin game and MoneyPenney. It is hard to browse through 142+ pages. I wish they have search thread feature... lol..

So 1913 Premium select is the rarest and follow by 1912 premium hand selected. Am I right?
Edited by Lostwords
03/23/2013 2:11 pm
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/23/2013  2:09 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Here are the figures from CC-Ottawa from page 34.

[URL="http://imageshack.us/photo/my-images/839/ccottawa.jpg/]Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release[/URL]

Valued Member
coin_games's Avatar
Canada
319 Posts
 Posted 03/23/2013  2:23 pm  Show Profile   Bookmark this reply Add coin_games to your friends list Get a Link to this Reply
Keeping in mind the ones in red were estimates.
@ Lostwords yes for the premiums if based on "Hoard" release.

The overall mintage makes the 1914 $5 the most favourable.
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 03/23/2013  5:23 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply
Heres the thing with the 1914 $10 coins is that when they were first minted they held back most of them in the "hoard" to be melted because of the war which is why there are so many 1914 $10 coins (14,949) being released now. From what I understand there are /where alot more 1914 $10 coins in better condition then the other years because of this, so the real question is how many 1912, 1913 went out into circulation before 1914? Even though the 1912 $10 coin has a lower mintage does not mean there are less of them out there then the 1914.Maybe we will never really know
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/23/2013  5:31 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
I think the Mint could not find enough 1912 $10 coins in high quality because many of them have been in circulation. That is why there are no 1912 $10 Premium coins. They are only found in the 6 coin premium sets.
Valued Member
Canada
430 Posts
 Posted 03/23/2013  5:49 pm  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
Here is the official grade by PCGS on the $10 coin photos on page 142:

Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release
Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release

Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release
Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release
Edited by Coinsplus
03/23/2013 5:51 pm
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 03/23/2013  5:53 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply
Thats a nice coin from what I can see although lots of scratches ....

Found this on the coins Posted on February 15, 2011 , 2 years before the hoard release. http://www.montrealcoinexpert.com/?p=38

quote:

The $5`s and $10`s were only produced in 1912, 1913, and 1914...with the 1914`s being the scarcest year. The $5 1914 is usually quite sought after and commands a nice premium over the gold value in sharp condition.
Collectors should note, that most of these coins saw limited circulation, and most surviving examples are not going to be very worn. Uncirculated examples will have all the original details present, even under magnification. Much tougher, is to find these coins with no scratch marks...as even uncirculated examples had contact with other coins resulting in some visible damage.


"with the 1914`s being the scarcest year" I guess because they were in the hoard at the mint....
Edited by Northerncoins
03/23/2013 6:02 pm
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/23/2013  6:50 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
There is a 6 coin set listed on kijiji (Toronto). The asking price is $16,500. I wonder how long the ad will be posted.
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BiBo's Avatar
Canada
1189 Posts
 Posted 03/23/2013  7:29 pm  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
@coinplus

How much does it take for grading this gold coin.

I am thinking to send my 2 gold coins for grading as well.

Thanks
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swrbxxx's Avatar
Canada
834 Posts
 Posted 03/23/2013  8:30 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
Wow looks like a blind man at PCGS graded that coin
Pillar of the Community
Canada
871 Posts
 Posted 03/23/2013  8:45 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
$16,500 isn't a huge markup when you consider you would have to pay HST on $12,000.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/23/2013  8:57 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Taxes are based where you live. I'd bet the seller didn't pay too much. Either way, he's getting a couple grand at least.
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