Composition : 90% gold, 10% copper
Mintage : Unknown

Canada's First Gold Coins

The history of the 1912-1914 Canadian gold coins is rooted in the story of Canada and the evolution ofsome of the country's most distinguished institutions.

The idea of domestic gold coinage for Canada began in the mid-nineteenth century, when Canada joined the international gold standard. While themove simplified trade, it also necessitated that the country have sufficient gold reserves to back its currency, which was convertible to gold on demand. This new standard helped to inspire the notion ofcoining gold in Canada at a domestic Mint.

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Manyof the Canadian gold coins produced from 1912 to 1914 became part of the government's gold reserves. In March of 1935, the newly formedBank of Canada began collecting the gold coins from the Department of Finance and Canadian chartered banks. A vast number of the first Canadian gold coins remained in cloth bags in the Bank of Canada's vaults for over 75 years.

In 2012, the Royal Canadian Mint decided to put back in circulation the first canadian gold coins, minted in 1912-1913 and 1914. These coins, with a face value of 5 & 10 dollars, have been subdivised in two categories: hand-selected coins, and premium hand-selected coins.

CANADA'S FIRST GOLD COINS - 1912 5-DOLLAR HAND-SELECTED GOLD COIN - 1912 CANADIAN COINS is categorised COINS AND PAPER MONEY / 08- ROYAL CANADIAN MINT / 25- GOLD, PLATINE & PALLADIUM COINS and sold by l'Imaginaire, a store and specialised website.