1914 Canada $10 Bank of Canada Hoard Graded NGC MS63
Obverse:
The King's crowned head facing left. The letters B.M. in relief at the bottom of the truncation standing for Bertram Mackennal. Legend: GEORGIVS V D.G.BRITT:OMN:REX F.D.IND:IMP:
Reverse:
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.
Bank of Canada Hoard Gold Coins
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.
Condition:
Click here for this coins NGC Authentication & Population Report.
Slightly weak or average strike with moderate abrasions and hairlines of varying sizes. The equivalent of Uncirculated in English grading terms.
Click here for detailed information on NGC Grading Scales.
Reference: Marsh N/A | Mintage: N/K | Rating: Normal
Edge: Milled | Die Axis: Upright | Type: Circulated | Mint: Ottawa Canada
Weight: 16.72g | Diameter: 27.00mm | Fineness: 21.6ct | Gold Content: 0.484 troy oz
Comment: Images are always of the coin you will receive.
