Canadian gold coins for sale...

(updated 5/11/2011)

Use Windows' built-in calculator to assist with the arithmetic...

(typically found on a PC in this location - c:\windows\system32\calc.exe)

Click on Start > (All) Programs > Accessories > Calculator.

Troy ounces... (Wikipedia link)

The conversion factor for troy ounces is needed to convert the statistical weight (mass) of coins to the measure most commonly used in the buying and selling of precous metals.

"The troy ounce (ozt) is a unit of imperial measure. In the present day it is most commonly used to gauge the value of precious metals. One troy ounce is equivalent to 31.1034768 grams."

Divide the weight in grams by 31.1034768 to get the equivalent in troy ounces.

The latest bid/ask price for gold can be found here...

Bid price of $1,565.00 mid-day on May 2, 2011.

Bid price of $1,539.80 mid-day on May 3, 2011.

Bid price of $1,529.30 mid-day on May 4, 2011.

The bid/ask price for silver can be found here...

Bid price of $46.65 mid-day on May 2, 2011.

Bid price of $43.42 mid-day on May 3, 2011.

Bid price of $40.05 mid-day on May 4, 2011.

The prices shown at the Kitco site are in American dollars.

Convert to Canadian dollars, based on rates that can be found here...

The exchange rate was $1.0536 on May 2, 2011.

The exchange rate was $1.0518 on May 3, 2011.

The exchange rate was $104.40 on May 4, 2011.

Gold coins for sale...

These are the coins offered.


22KT $100 Gilbert's Landing in Newfoundland, 1983	22KT $100 Silver Jubilee, Queen Elizabeth II, 1977	14KT $100 Montreal Olympics Commemorative, 1976
Face Value: $100 Mintage: 83,128 91.70% gold, 8.30% silver Weight (g): 16.965 Diameter(mm): 27.00 Edge: Reeded Finish: Proof Link to specifications	Face Value: $100 Mintage: 180,396 91.70% gold, 8.30% silver Weight (g): 16.965 Diameter(mm): 27.00 Edge: Reeded Finish: Proof Link to specifications	Face Value: $100 Mintage: 650,000 58.33% gold, 41.67% silver Weight (g): 13.338 Diameter(mm): 27.00 Edge: Reeded Finish: Circulation Link to specifications
91.70% x 16.965 / 31.1034768 = .50016 ozt gold 8.3% x 16.965 / 31.1034768 = .06527 ozt silver	91.70% x 16.965 / 31.1034768 = .50016 ozt gold 8.3% x 16.965 / 31.1034768 = .06527 ozt silver	58.33% x 13.338 / 31.1034768 = .25013 ozt gold 41.67% x 13.338 / 31.1034768 = .17869 ozt silver
May 11th, 2011: asking $800.00	May 11th, 2011: asking $800.00	May 11th, 2011: asking $400.00

If an agreement to purchase is made on May 11th, 2011 (today), I would be happy to accept $1,990.00 for all three. The prices shown are for today only.

To get a price in the future, email me, please.

Proving values...

.50016 + .50016 + .25013 = 1.25045 troy ounces of gold.

.06527 + .06527 + .17869 = .30923 troy ounces of silver.

.50016 x $1,529.30 x 1.0440 = $798.55

.06527 x $40.05 x 1.0440 = $2.72.

.25013 x $1,529.30 x 1.0440 = $399.35.

.17869 x $40.05 x 1.0440 = $7.4714.

($798.55 + $2.72) x 2 + ($399.25 + $7.47) = $2,009.26.

* - disclaimer...

Use this information at your own risk and discretion.

I am not a coin expert, and I found many conflicting bits of information on the Internet. I have distilled what I have found down to the statements made above.

Some coins have increased numismatic value due to collectors' interests. You cannot solely value a coin based on its composition, but such a value can be used to set a bottom line.

Please do your own research and confirm the statistical information here prior to setting your final valuation on your own collection.