Auction review: Gold highlights recent Colonial sale

On March 5, Colonial Acres Coins hosted its Coins, Currency and Bullion Auction, which was highlighted by two early lots of gold coins.

Lot 1 was a 1998 five-coin fractional Gold Maple Leaf set issued by the Royal Canadian Mint. It contains a one-ounce-; half-ounce-; quarter-ounce-; one-tenth-ounce; and one-twentieth-ounce .9999 Fine Gold Maple Leaf in a black acrylic display. The set hammered down for $2,648 plus $476.64 buyer’s premium.

The following lot was a 2008 Vancouver Olympic one-ounce .9999 Fine Gold Maple Leaf issued by the Royal Canadian Mint. Its reverse features a large maple leaf with a small talisman above the Olympic logo alongside the coin’s purity and weight. The coin’s obverse bears the Susanna Blunt effigy Queen Elizabeth II alongside an image of the logo of the 2010 Winter Olympics, the coin’s denomination, and the coin’s year-date. The lot eventually crossed the block for $1,576 plus $283.68 buyer’s premium.

Lot 2 was this 2008 Gold Maple Leaf commemorating the Vancouver Olympics. It hammered down for $1,576 plus $283.68 buyer’s premium. (Photo by Colonial Acres)

Altogether, the 756-lot sale included a selection of Canadian coinage dating back to 1858; gold and silver bullion coins and bars; Canada, U.S. and world paper money; tokens and medallions; U.S. and world decimal dating back to the 1800s; world coins and sets; old estate coin collections; over-stocked items; original rolls; Franklin Mint sets; Royal Canadian Mint products; and silver year sets.

The next Colonial Acres sale—the Spring Coin Auction—will be held April 9. This will be followed by Colonial’s Fifth Annual Premium Numismatic Auction on May 26-27.

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