1977-1986 Canada 1/2 oz Gold Coin $100 (22k)
The 1977-1986 Canada 1/2 oz Gold Coin $100 (22k) is a gold coin. The listed metal amount is 1/2 oz.
History and background
The Royal Canadian Mint opened in 1908 and developed a wide range of circulating, commemorative and precious metal coinage. A Canadian gold coin with a stated denomination is not automatically a Gold Maple Leaf. Different programs can use different alloys, weights and commemorative subjects.
Design and product identity
The particular portrait and reverse depend on the issue selected within this offering. A year or design-varies product should not promise one named animal or a single portrait. The issue’s denomination and the gold specification distinguish its material and monetary format from another Canadian program.
Product specifications
- Metal: Gold
- Product format: Coins
- Listed metal amount: 1/2 oz
- Fineness or alloy: 22-karat gold alloy
- Mint or maker attribution: Royal Canadian Mint
- SKU: GWC10022K
Understanding the metal content
Precious metal ounce weights use the troy system. One troy ounce equals 31.1034768 grams, while a kilogram equals one thousand grams. Fineness states the proportion of precious metal in an alloy; fine metal weight states the amount of that metal. An alloyed coin’s gross weight includes its other metals as well. These measurements explain why a denomination, a package weight and a stated fine metal amount should not be treated as the same specification.
Finish and condition
A bullion or ungraded coin can be described by its issue, finish and condition without an independent numeric grade. BU means Brilliant Uncirculated when used in the offering, while ordinary capsules or mint packaging are different from third-party certification. A raw coin should not be represented as MS70 merely because it is bright or uncirculated.
Preserving the product
Preserving the surface and the original identifying information helps retain the product’s physical history. Handle an unencapsulated collectible by its edges where appropriate and avoid polishing or abrasive cleaning. Keep a certified holder or stated assay package intact when retaining its identification matters. A brighter surface created by cleaning is not the same thing as a higher original condition grade.
Material, design and numismatic identity
A product’s history is carried by several different kinds of information. The issuing or manufacturing name explains its origin, the design identifies its subject, the metal specification describes its material and the condition language describes its preservation. A date can connect the piece with a particular program or historical period without proving that it is rare. These features remain meaningful together even when two offerings contain similar amounts of precious metal. Keeping them distinct provides a more accurate description of the actual object.
Reading the coin as a manufactured object
The obverse and reverse are the two principal sides of a coin. Raised design elements are called devices, while the surrounding open areas are fields. Dies transfer the intended image to a prepared metal blank during striking. Those production terms help explain why design, strike and later surface wear are separate subjects. A weakly expressed detail can relate to manufacture, while circulation wear reflects what happened afterward. The coin’s physical history is therefore more specific than its denomination or its metal alone.
Historical and technical references: Mint or manufacturer reference, U.S. Mint background.
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Understanding Product Pricing
Understanding Product Pricing
Our prices include the product premium and the approximately 4% payment processing fee charged by our payment providers. We accept all major credit cards, debit cards, and PayPal, and the price you see is the price you pay with no hidden checkout fees.
Shipping & Return
Shipping & Return
Please call our office within 3 days from the delivery date if you would like to return your order. Please note that you may be liable for a market-loss fee.
What is a market loss fee?
What is a market loss fee?
Due to the nature of this industry, pricing can change every second for precious metals. For this reason, we (along with all major dealers) fully hedge our inventory. This process locks in our margin at the time that we purchase the inventory, so that we do not have spot-market risk. When your order is confirmed with us (not when you pay), we “buy back” our hedge on those items, thus making the metal completely susceptible to changes in its market value. If you decide you would like to cancel your order, return your order, etc and there is a decrease in spot value of your material, you are responsible for paying us that difference in price. We often get asked if the spot market goes up, do we pay you? Although we understand where it would seem as if that should be the case, that is not how hedging works. We do not make extra profit if the spot market goes up as the cost to “buy back” the hedge on your metal also increases. Our margin is our margin, regardless of the spot market. In the event that the spot market goes up, we just break even on the product due to this rise in cost. So, no we do not pay you if the market goes up.
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