2010 Canada 5 oz Gold $500 Anniv of Bank Notes (Box & COA)

This is the fourth time that the mint has produced a 5oz Gold coin. The Bank of Canada began operating 75 years ago in 1935 and was given responsibility to regulate the country’s money supply and to “promote the economic and financial welfare of Canada.” Accordingly, it was given the exclusive right to issue Canada’s bank notes. On March 11, 1935, the Bank of Canada issued its first series of bank notes.

Coin Highlights:

• Contains 5 oz of .9999 Fine Gold.
• Coin comes in a plastic capsule and includes mint issued box and certificate of authenticity.
• Obverse: Right-facing profile of Queen Elizabeth II, along with the year and face value.
• Reverse: The design is a reproduction of the allegory that appeared on the original 1935 $500 bank note, a seated woman holding a sickle surrounded by the fruits of harvest to symbolize fertility.
• Sovereign coin backed by the Canadian government.

Protect your coins from fingerprints by adding these cotton gloves to your order.

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The inaugural series of 1935 included denominations of $1, $2, $5, $10, $20, $50, $100, $500 and $1,000. (A $25 note was issued later in 1935 to commemorate the Silver jubilee of King George V).

The front of the notes featured a portrait of a member of the royal family or of a former Canadian prime minister while allegorical figures representing Canada’s growing agricultural, industrial and commercial prosperity appeared on the back. Each denomination was available in English or French, a practice that ended with the introduction of bilingual notes in 1937.