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Bank Of Canada 1912-14 Gold Coin Special RCM Release

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Valued Member
Canada
85 Posts
 Posted 01/25/2013  12:49 pm  Show Profile   Bookmark this reply Add Devack to your friends list Get a Link to this Reply
Silver bug, any word on the others?
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darryldarryl's Avatar
Canada
2428 Posts
 Posted 01/25/2013  1:02 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I spoke to a mint Rep today and he told me most of them should be shipped between now and mid February.
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SilverBug's Avatar
Canada
862 Posts
 Posted 01/25/2013  1:35 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply
Devack: I think they ship one type at a time, after they've done with 1912 $5, they move on to 1912 $10...

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1007 Posts
 Posted 01/25/2013  1:54 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
I love not taking a hit on my credit card all at once. 😋
Edited by Rockdaddy
01/25/2013 2:20 pm
Valued Member
Canada
269 Posts
 Posted 01/25/2013  2:03 pm  Show Profile   Bookmark this reply Add wettld2 to your friends list Get a Link to this Reply
SilverBug: Thanks for the update!

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Canada
867 Posts
 Posted 01/25/2013  5:04 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
Regarding the 215,000 being smelted, it would be logical to assume a larger portion of the earlier coins (1912) would be in circulation longer, therefore subject to more handling and wear. Further, I think I read somewhere, that most of the 1914 mintage was never circulated but was withheld pending the change in policy?
If the RCM is looking for volunteers to help count, I in!
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 01/25/2013  5:05 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
Anguscoinshop 1914 $5 on hand.
Item 150978574062,two available


I don't think they really have the ones from the Mint in stock.

They are just showing a stock picture they say is representative of what you will get.

I have yet to see any ebay listing with the actual Mint clamshell and capsule.
Edited by MoneyPenney
01/25/2013 5:06 pm
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 01/25/2013  5:49 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
Regarding the 215,000 being smelted, it would be logical to assume a larger portion of the earlier coins (1912) would be in circulation longer, therefore subject to more handling and wear. Further, I think I read somewhere, that most of the 1914 mintage was never circulated but was withheld pending the change in policy?
If the RCM is looking for volunteers to help count, I in!


The Mint certainly did not have many high grade 1912 coins to choose from as they did not offer any premium 1912 $10 coins. The only premium 1912 $10 coins were found in the 6 coin premium set.

Plus the 1912 $5 hand picked coins were the first to sell out. And there were only 1336 $10 1912 coins available. Compare that to the 10,964 available for the 1914 $10 coin.
Edited by MoneyPenney
01/25/2013 5:49 pm
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sturmgrenadier's Avatar
United States
84 Posts
 Posted 01/25/2013  7:46 pm  Show Profile   Bookmark this reply Add sturmgrenadier to your friends list Get a Link to this Reply
I received my $5 1912 on Monday. I apologize in advance, because I don't know how to shoot pictures with a camera and to post them online. So here instead is my narrative take on the coin. I'm a novice grader and collector, but here goes:

The obverse side is an MS-60 or MS-61 at best(The front and rear fields are covered with dings and light scratches). Interestingly enough, though, the reverse with the Seal of Canada looks absolutely immaculate: I mean you can barely see any dings or marks even under 10X magnification (it is more like a MS-67).

Both sides have great lustre. The Canadian Seal is intricate and eye-appealing. The portrait with the crowned king is likewise attractive. Even with the bagmarks, it is a beautiful coin to behold:)

I'm a little confused about the purpose of the silver-colored hologram stickers on either side of the capsule. Both were apparently poorly placed and do not even cover the crack between the two pieces of the capsule: I could open the capsule without disturbing either hologram stickers.

Anyway, for a MS-60 (uncirculated) coin, I feel like $500.00 was a very reasonable price for a beautiful coin with such a rich history. Heck, even if it is only an AU, I wouldn't feel any different. I paid only roughly a 25% premium over the current spot price of gold for this coin, and that is much less of a markup than I paid for some generic U.S. and world commemorative gold coins that I own.

I knew the $5 1912 coins have a much bigger mintage than the following two years when I ordered. But I really wanted a first year of issue coin. And that's exactly what I got (nothing more and nothing less). Thanks for letting me share my experience:)
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Canada
593 Posts
 Posted 01/25/2013  8:33 pm  Show Profile   Bookmark this reply Add marty to your friends list Get a Link to this Reply
Thanks MoneyPenney.
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legouge's Avatar
Canada
165 Posts
 Posted 01/26/2013  06:33 am  Show Profile   Bookmark this reply Add legouge to your friends list Get a Link to this Reply
I'm new to this forum. Thanks to all for the valuable information while I am waiting for my 1914 $5 gold coin. Can't wait to get it!
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darryldarryl's Avatar
Canada
2428 Posts
 Posted 01/26/2013  08:40 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Welcome aboard sturmgrenadier and legouge!
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 Posted 01/26/2013  11:25 am  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
Pillar of the Community
Canada
593 Posts
 Posted 01/26/2013  11:47 am  Show Profile   Bookmark this reply Add marty to your friends list Get a Link to this Reply
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SPP-Ottawa's Avatar
Canada
10464 Posts
 Posted 01/28/2013  10:43 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
sturmgrenadier, your post is an excellent precis of why I collect coins, and what I tell others when they are deciding what to collect. I buy and collect coins, business strikes or NCLT, because I like them. They are beautiful and tell a story through their history. Glad you liked the gold coin...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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