Home > Products >

2012 Canada $500 100th Anniversary First Gold Coins 5oz. Fine Gold (TAX Exempt)

2012 Canada $500 100th Anniversary First Gold Coins 5oz. Fine Gold (TAX Exempt)
This image is a stock image. The product you receive may not be the exact product pictured. Colonial Acres is unable to take images of individual stock items.

Alternative Views:

Our Price: $12,274.95
Earn 3 points

Quantity in Stock:Out of Stock

Availability: Expect Delays of 5+ Business Days
SKU: WDS-113916

2012 Canada $500 100th Anniversary First Gold Coins 5oz. Fine Gold (TAX Exempt)

Gold coins for Canada

In the 19th century, commercial trade in the Dominion of Canada was carried out with a variety of currencies, borne of the many cultures brought together in the young British colony. Wampum and beaver pelts were commonplace, intermixed with a variety of coins including gold British sovereigns, Spanish doubloons, French 'Louis d'or' and American golden eagles.
2012 Canada $500 Pure Gold Coin - 100th Anniversary of the First Canadian Gold Coin (1912-2012) (TAX Exempt)

As trade evolved, so did the need for a standardized currency. Confederation in 1867 pushed this desire to the forefront as the new 'Canada' strove to build its national identity. Canadian gold coins began to enter circulation, but they were struck in England with a denomination and design that clearly reflected their British roots. Even when the Royal Mint, Ottawa Branch - which later was renamed the Royal Canadian Mint - opened its doors in 1908, any gold coins it produced remained markedly British - gold sovereigns were struck with a small letter 'c.'

Then, in 1912, two gold coins with distinctly Canadian designs appeared. For the first time, they featured the word 'Canada' with branches of the maple tree and the shield from Canada's Coat of Arms. The shield was divided into four sections to include the provincial arms of the four provinces that originally formed the Dominion in 1867: Ontario (St. George's Cross with three maple leaves), Quebec (two fleurs de lis with a lion and three maple leaves), New Brunswick (a lion and ancient galley) and Nova Scotia (three thistles with a salmon).

Canada issued its gold coins in denominations of five and ten dollars to mirror America's currency and ensure public acceptance. However, their role in Canada's coinage was short-lived, disappearing from circulation in 1914 when the First World War prompted Canada's citizens and banks to hold onto this precious metal.

Item Number: 113916
Face Value: 500 dollars
Mintage: 200
Composition: 99.99% pure gold
Weight (g): 156.05
Diameter (mm): 60.15
Edge: Plain
Finish: Proof

Special Features:
  • Special issue of the first distinctly Canadian gold coins, produced using an authentic 1912 specimen graciously provided by the Bank of Canada.
  • Faithful reproduction of the original design, including the effigy of King George V that originally appeared on the obverse (except for the denomination and the date).
  • The obverse features an exact replication of the original design as it appeared in 1912, marked by the inscription: GEORGIVS V DEI GRA: REX ET IND:IMP: Latin for 'George V by the Grace of God King and Emperor of India'.
  • Sixth time that the Mint has produced a 5-oz gold coin at extremely low mintage, with the previous five coins generating three sell-outs.

    Coin is encapsulated and presented in a maroon clamshell case lined with flock and protected by a black sleeve.

  • Browse for more products in the same category as this item:

    Royal Canadian Mint > 2012 Royal Canadian Mint Items > 2012 Gold, Platinum Commemoratives
    Royal Canadian Mint > Search by Denomination > $500 Commemorative