Spot as of Sep 8, 2026 8:25 AM · $1 move in gold changes this coin by $0.2419
What this coin is
Canada’s first gold $5, 1912–1914. 8.36 g, .900 fine, 0.2419 oz — the same weight class as a US $5. Not a Maple Leaf.
What is written on the coin
George V, GEORGIVS V DEI GRA REX ET IND IMP. Reverse: CANADA, FIVE DOLLARS, shield in maple wreath, date.
Metal content (the melt spec)
Mint specification: 8.3592 grams at 90% fine, which is 0.24187 troy oz of pure gold (AGW). Formula: grams × fineness ÷ 31.1034768. Date and mintmark do not change that number. First Canadian gold coins. 8.36 g, .900, 0.2419 oz — same weight class as a US $5. Not a Maple Leaf. Melt today is $1,062.58 per coin at $4,393.20 gold.
Mintage
Mintage varies by date. We do not publish a year-by-year mintage table here because melt is the same for this composition. A scarce date or a high grade can be worth more than melt; a common worn piece is often near melt.
A little history
Struck from Canadian gold at Ottawa. World War I ended the issue. Many were later held in Bank of Canada vaults and released or melted in the 2010s.
How to tell you have this type
About 8.4 g, 21.6 mm, 1912–1914 only. A Maple Leaf $5 is 1/10 oz .9999 gold and says 9999.
Date and mintmark do not change the metal on this page. Collector value is a different market — a shop looks at date, mint, and condition. Melt is the floor.
Same look, different composition: Canada $10 gold (1912–1914). Use the page that matches what you actually have — karat and weight change the melt.
If you want to sell Find a shop near you
A local coin shop can make an offer. Melt is the metal floor, not a quote. Many shops buy generic gold and silver as a percent of that number.
Before you sell
Usually near melt
If the coin is damaged or heavily worn, melt is a fair starting number. If it looks special, check collector solds before you sell.
Melt is the metal floor. A shop looks at date, mint, and condition. We list 417 types and ~10,500 melt values.
Quick amounts
Using $4,393.20 gold.
| You have | Pure oz | Melt |
|---|---|---|
| 1 coin | 0.2419 | $1,062.58 |
| 10 coins | 2.4187 | $10,625.83 |
| 20 coins | 4.8374 | $21,251.67 |
Gold chart
Where gold has been.
Melt alert
Email me if this coin’s melt crosses a number I set.
Questions people ask
How much pure gold is in a Canada $5 gold (1912–1914)?
Mint spec is 8.359 grams at 90% fine, which is 0.24187 troy oz of pure gold (AGW). Date and mintmark do not change that.
What is a Canada $5 gold (1912–1914) worth in melt today?
At gold spot of $4,393.20 per troy oz, one coin’s melt is $1,062.58. Multiply by how many you have. A rare date or a nice grade can sell for more than melt.
How many Canada $5 gold (1912–1914)s equal one ounce of gold?
About 4.13 coins equal 1.00 troy oz of pure gold at mint weight.
Does mintmark change the melt value?
No. Mintmark and date do not change the metal for this composition. A Mexico City (Mo) piece and another mint of the same spec have the same melt. Collector premiums still follow date, mint, and grade.
Is melt what I should sell this Canada $5 gold (1912–1914) for?
Most common circulated examples trade close to the metal. Better grade, proofs, and scarce dates are the exceptions. If the coin is damaged or heavily worn, melt is a fair starting number. If it looks special, check collector solds before you sell.
Does every coin that looks like this have the same melt?
No. See also the Canada $10 gold (1912–1914) — same look, different composition (karat, plating, or a later weight cut). Melt only applies to the spec on this page.
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