$15 gold off-metal strike expected to bring nearly $30k

Described as a “highly intriguing $15 gold off-metal strike from Canada,” a 1992 $15 “Spirit of the Generations” coin is expected to bring between $17,500 USD (about $22,975 Cdn.) and $22,500 USD (about $29,550 Cdn.) at the World Coins and Ancient Coins Platinum Night Auction later this week in Philadelphia.

Graded Proof-68 Ultra Cameo by Numismatic Guaranty Corp., this Royal Canadian Mint-struck coin offers an “interesting and highly unusual off-metal striking,” according to auctioneers, who add the dies for the original silver issue were used “in tandem” with a planchet for a contemporary one-ounce Gold Maple Leaf.

The 30-millimetre diameter of this gold planchet expanded during the striking process to the size of the dies (40 millimetres), auctioneers said. This accounts for the “slightly odd nature to the rims of this piece, as there was not quite enough metal to fill the entire area demanded by the dies.”

“Given the extremely atypical and intriguing nature of its striking process, this important example, just one of two known, would serve as a cornerstone in any Canadian or mint error collection,” said auctioneers, who add this example exhibits “full gem quality, with delightfully frosted devices and exceptionally mirrored surfaces.”

Leave a Reply

Keep up to date with the numismatic community

Sign up to receive our newsletter.

Canadian Coin News

Canada

Canadian Coin News is Canada's premier source of information about coins, notes and medals.

Although we cover the entire world of numismatics, the majority of our readers are Canadian, and we concentrate on the unique circumstances surrounding collecting in our native land.

Send Us Your Event

Running an event? Send it to us and we will display it on Canadian Coin News!

Submit Event →

Subscribe To 26 Issues For Just $47.99/year

Subscribe today to receive Canada's premier coin publication. Canadian Coin News is available in both paper and digital forms.

Subscribe Now

We acknowledge the financial support of the Government of Canada through the Canada Periodical Fund of the Department of Canadian Heritage.