In 1896, a major gold rush in Yukon’s Klondike Valley brought an awareness of gold mining and the theme of mineral wealth into the Canadian consciousness. Romantic notions of sacks filled with gold coins and rags-to-riches glory took hold of the public imagination. After a series of negotiations with the British authorities, the Ottawa Mint Act was passed in 1901, allowing for a branch of the British Royal Mint to be established in Canada to produce domestic coinage. The Ottawa branch of the British Royal Mint officially opened in 1908. In March of 1912, the first gold coins that were Canadian in every aspect, from raw material to reverse image design, were struck.

Artist: W. H. J. Blackmore (reverse), Sir E. B. Mackennal (obverse)

Weight: 16.72 g

Fine Gold Weight: 15.05 g

The Buyer is hereby advised to read fully the Priority Special Terms & Conditions of Business pertaining to the Hudson’s Bay Company series of online auction sales, as well as the Terms and Conditions of Business and our Catalogue Terms.

The auction preview will be held at Heffel Toronto from January 19 - 23, by appointment only.

The Buyer is responsible for ascertaining the condition of this lot. All items will be sold “as is.” Condition reports and additional images are not available.

Please note that Heffel's standard Buyer's Premium applies to each lot in the Hudson’s Bay Company auction. The Buyer’s Premium is the amount paid by the Buyer to the Auction House on the purchase of a lot, which is calculated on the Hammer Price as follows: a rate of 25% of the Hammer Price of the Lot up to and including $25,000; plus 20% on the part of the Hammer Price over $25,000, plus applicable Sales Tax.

The Buyer is responsible for all pickup and shipping costs and arrangements. All lots will be sold “as is, where is” and will be deemed as released in Ontario and HST will be applied.