1914 Ten Dollars - PCGS MS64

Canada, 1914 Ten Dollars -

Ex-Canadian Gold Reserve hoard. While this is the first Canadian $10 I’ve seen in Australia graded PCGS MS64 in the last two or three years, they have been traded in the US quite extensively over the years. That’s not to say that they’re common, no, but they do turn up with enough frequency that it is possible to form a confident opinion about their value. And here’s my view: Just reading off the archive section of a US coin auction website, it is clear that the coins have been trading around the $3,500 - $4,500 mark, with the most recent sale over US$2,500 in April 2013 (although that coin was graded by NGC). An example graded PCGS MS65 (one grade higher than the coin for sale above) sold for almost US$20,000 in January 2010, while examples graded MS63 have routinely sold for over US$2,000. Since the release of the Canadian Gold Reserve hoard in early 2013, all the Canadian $10 and $5 gold pieces have come off a little, but my ask price for the coin above, $1,950, is below recent auction realisations overseas and almost half the price of retail prices from five or six years ago. This is cheap! Mintage of only 140,068 pieces and scarce this nice.