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What Was The Canadian Equivalent To An American Double Eagle Gold Coin

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North of 49's Avatar
Canada
617 Posts
 Posted 05/30/2016  8:28 pm Show Profile   Bookmark this topic Add North of 49 to your friends list Get a Link to this Message Number of Subscribers
A couple weeks ago a friend showed me one of his USA double eagle gold coins. Wow, I wish I had one of those beauties.I've been thinking about it ever since.
Does anyone know what the Canadian equivalent to an American double eagle was?
Whats it worth today?
Was it used regularly?

Just wondering.
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Canada
9862 Posts
 Posted 05/30/2016  8:38 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
No Canadian equivalent.
The highest denomination Canadian gold coin was only $10, half the value of a double eagle,and was issued for the years 1912-14 only.
"Dipping" is not considered cleaning...
-from PCGS website
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Sap's Avatar
Australia
16808 Posts
 Posted 05/30/2016  9:35 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Technically, gold sovereigns were legal tender, for Can$4.8666666666666667. A British gold five-pound coin would also theoretically have been legal tender in Canada for five times that amount, or Can$24.3333333333333. As far as I am aware, these coins very rarely circulated in Britain itself, and never circulated in any of the colonies. None were ever produced in Canada.

There are some British Columbia goldrush $20 coins, I believe - they would be the largest intended-for-circulation "gold coins" struck in Canada.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Canada
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 Posted 05/30/2016  11:43 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Eagles and double eagles were legal tender in Canada concurrent with the gold sovereigns. None of these saw much circulation at all. they were used mainly for interbank and international transactions.
The BC gold coins predate confederation and were never legal tender in Canada.
Canadian 5 and 10 dollar gold coins (same specs as eagles and half eagles) were issued in 1912,13 and 14. Canadians did not like high value coins and preferred paper They barely circulated and most remained in a government vault for a century.
Newfoundland $2 gold coins were issued from 1865 to 1888,these actually circulated as Newfounlanders, with good reason, did not trust issuers of paper such as banks or governments
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
05/31/2016 01:14 am
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Canada
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 Posted 05/31/2016  11:18 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
Remember that Canadian Coinage is relatively immature compared to our cousins to the south. They had been producing their own coins for nearly 100 years before we had our own. The USA had changed planchet sizes of the penny from their Large cent (similar in size tour large cent) to the size of the current cent, years before we even minted 1 penny.
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 Posted 05/31/2016  8:06 pm  Show Profile   Bookmark this reply Add North of 49 to your friends list Get a Link to this Reply
very interesting, thanks for the history lesson
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 Posted 04/28/2021  2:33 pm  Show Profile   Bookmark this reply Add 829729742 to your friends list Get a Link to this Reply
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 Posted 04/28/2021  2:49 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Picture of what?
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 Posted 04/28/2021  4:34 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
Here are some examples...and yes, you are going to need thicker pockets.
What-Was-The-Canadian-Equivalent-To-An-American-Double-Eagle-Gold-Coin
What-Was-The-Canadian-Equivalent-To-An-American-Double-Eagle-Gold-Coin
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Canada
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 Posted 04/28/2021  6:23 pm  Show Profile   Bookmark this reply Add Hounddog Bill to your friends list Get a Link to this Reply
Here's a ten dollar gold coin that my father-in-law received as pay when he was working in Maine in the late 1920's.
He lived in Newfoundland and travelled to the USA for employment as a carpenter for 8 months each year.
Sure beat working on the fishing boats up in Labrador.
You'd have to say they were circulating he had more but only kept this one.
I've been told that it's only worth melt value so I wouldn't go crazy on the price but they sure are pretty.

Cheers, Bill

What-Was-The-Canadian-Equivalent-To-An-American-Double-Eagle-Gold-Coin
What-Was-The-Canadian-Equivalent-To-An-American-Double-Eagle-Gold-Coin
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Canada
867 Posts
 Posted 04/28/2021  7:53 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
Your 1895 $10 is worth way more than melt with a cool backstory like that.
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