Canadian Gold Coin Celebrates the 2010 Winter Olympics

The Royal Canadian Mint recently announced the minting of the 2010 $300 British Columbia Coat of Arms, a beautiful 14 karat gold coin. This piece is impressive to behold, an oversized coin that pays tribute to the province of British Columbia, one of Canada’s most popular tourist destinations and the home of the 2010 Winter Olympic and Paralympic Games.

This impressive gold coin features the image of Britain’s Royal Crest atop its coat of arms, while the British Columbia Coat of Arms adorns the reverse. This coin marks the first time a sovereign entity other that the British Crown was granted permission to use the crest on its coat of arms. This 60 gram coin consists of 58.33% gold, 41.67% silver and only has a mintage of 500 coins. The Mint is selling the coins for $1,822 each.

Due to its low mintage, the piece is assured of being a highly desired collector’s coins. Although only 14 karat gold, the RCM is able to command a high price for these gold coins due to the demand that will most likely be generated.

This piece represents the essence of collector’s coins. The gold price of such coins is not only a factor of the amount of the metal contained, but also the rarity of the piece and the demand among investors; gold coins that possess all three elements are highly valued to collectors. The beauty of the province of British Columbia and the imagination of coin collectors are both captured in this exquisite coin.

Daily Updates Archive

Kevin Johnson

Senior Staff Writer - GoldCoin.net