Royal Canadian Mint – 1992 Spirit of the Generations $15 Proof struck in Gold
In the latest issue of MintErrorNews, one of the rarest, most expensive and spectacular Canadian coins was highlighted on the cover. This special striking in gold of a proof commemorative coin was unknown to the numismatic community and was just certified and authenticated by Numismatic Guaranty Corporation (NGC).
The International Olympic Committee decided to commemorate the centennial of the Olympic Games. In 1992 the Spirit of the Generations proof silver coin was issued by the Royal Canadian Mint and released in a special presentation box. These were struck with CITIUS ALTIUS FORTIUS on the edge. [see below]
On September 15, 2003, the Royal Canadian Mint auctioned two different special gold strikings of silver commemorative coins. These were sold on eBay and made headline news in Canada since the Royal Canadian Mint had never released special gold strikings before.
CBC News and other Canadian news outlets followed the auction and reported this story in their business sections. These two gold strikings were the size of a Kennedy Half Dollar and they sold for approximately $50,000 and $75,000 (U.S. Dollars).
Andy Lustig was the successful high bidder and purchased both of these gold strikings on eBay. He subsequently sold them to a serious collector of unique numismatic rarities. Andy Lustig is a well-respected U.S. coin dealer and specializes in coins and patterns from the U.S. and around the world.
This 1992 $15 special gold striking is more than twice the size of the two special gold strikings that sold on eBay. It was also struck without edge lettering.
This proof gold special striking rivals any U.S. coin, commemorative or pattern, specially struck in gold.
For comparison purposes, the U.S. Mint struck two commemorative Panama Pacific Silver Half Dollars in Gold. One recently sold in a Heritage Auction for $460,000. This amazing gold proof commemorative coin would be the centerpiece of any collection of Canadian coins or commemorative issues.
For comparison, here is the regular issue in silver.