The Canabuck

Our “Canabuck” .999 Silver Round Commemorates Historic Cannabis Act

On Wednesday, October 17th, 2018, Canada becomes only the second country in the world to legalize the recreational use of cannabis. With the passing of Bill C-45, or the “Cannabis Act”, 95 years of prohibition comes to an effective end, although debate on this highly-polarizing topic will likely continue far into the future.

In recognition of this historic watershed, Alliance Coin & Banknote is pleased to release our Silver Canabuck.

With an extremely limited mintage of just 150 individually-numbered pieces, our rounds will be available in a traditional red presentation case with numbered certificate (printed on hemp paper!) at an issue price of $49.95.

Reserve orders will be accepted through our Almonte, Ontario showroom.

Order Yours

For full details, please see our website.

Silver Krugerrand front of coin

The Silver Krugerrand – A bullion coin 50 years in the waiting!

When the South African mint first issued the one ounce Gold “Krugerrand” in 1967, it was very much a watershed moment in the evolution of the global bullion market.  With a diameter of 32.77 mm, and gross weight of 33.93 grams of 22 Karat Gold (net gold content, therefore, of one troy ounce), the coin depicted the African springbok on the reverse, with obverse portrait of the Boer statesman Paul Kruger.

Gold KruggerandThe timing for the Krugerrand’s introduction was ideal.  Not only did it stand alone for years as the world’s only available one-ounce bullion issue, it was not until January, 1975 that United States citizens could legally own gold in bullion form.  Thus, not only was there zero competition in any form from the American economic juggernaut, but these two factors combined to create a very keen appetite for the Krugers in North America.

Undoubtedly good quantities of the coin found their way into the U.S. covertly during this ownership prohibition, but when the floodgates opened in 1975, an estimated 22 million gold Krugerrands (or 822 tons of Gold!) were imported into the country in the ensuing decade. Ironically, this flow suffered a strangle-hold in 1985 as the United States (and other countries) prohibited the importation of the South African gold coins due to their relation with the apartheid regime of the time.

By this point, however, there was already new competition on the horizon with Canada’s own gold Maple Leaf in 1979, among others. Even into 1980, however, the Krugerrand commanded a remarkable 90% of the world’s gold bullion coin market.  Domestically, the Krugerrand still enjoys a loyal following in Canada to this day, however it now sits at a pricing disadvantage under our federal HST legislation, which – due to its non-pure 22K status, compared to our Maple Leaf’s .999 fineness – causes it to attract sales tax when sold within Canadian borders.

The Krugerrand would undergo a modest evolution over the years, with the introduction of fractional sizes beginning in 1980, as well as the availability of frosted Proof strikings for collectors.  As both a collector and dealer, however, one prolonged “missing link” in the extension of this classic issue continued to both disappoint and perplex me: namely, the availability of a Silver Krugerrand. Sure, I have a Sterling Silver “10th anniversary” Kruger I bought from some direct-marketing flyer in 1977, but it’s a smaller, paler reflection of the noble coin that should have joined the current myriad of world Silver bullion coins decades ago.

Now, however, the wait and lamenting is finally over. After my muted excitement at the introduction of a Silver Kruger in 2017 – only to discover it was an extremely expensive “collector” strike that few could afford – the noble 2018 Silver Krugerrand has finally been released to the masses of appreciative collectors and investors.

Sure, it may have taken half a century to materialize after the first introduction of its golden parent, however – as is very often the case – good things are truly worth waiting for.

Get Yours from Alliance Coin

We are delighted to have received an initial shipment of the brand new South African .999 fine Silver Krugerrands, and invite you to add one (or more!) to your collection at just:

$23. each (tax-exempt)   OR

$26. each, inclusive of postage to anywhere in North America

88 Mill Street, Almonte, Ontario, Canada K0A 1A0
Tel. 613-256-6785 | Visit our website

The next ebay sale is about to launch for AllianceCoin

The Return of Our “Weird & Wonderful” Sales!!

We are delighted to announce our next offering of interesting medals, tokens and related oddities on eBay, scheduled to launch at midnight this coming Sunday, October 14th.

Look us up under our eBay user name “Alliancecoin” or jump right in on our eBay auction page Alliance Coin.

Sean Isaacs

Alliance Coin sponsors a team in the 2018 Mongol Rally

We’re really delighted to be sponsoring one of the young and crazy teams taking part in this year’s Mongol Rally. This motoring event, which lasts all summer, sees 200+ teams drive ludicrous and ludicrously under powered cars from western Europe to Ulan Ude, Russia (some 25,000km), raising money for charity on the way. All teams raise funds for Cool Earth, as well as charities important to the individual teams.

Team Shenlong is made up of four great guys: Oliver Barber (from Almonte, our local rep on the team!), Markus (German), Grayson and Seth (both Canadian). They’ve identified three additional charities that their fundraising goal will support:

  • Streetkids International e.V.
  • Taiwan Fund for Children and Families
  • British Columbia Schizophrenia Society

They’ve promised to keep an eye out for cool coinage on their route, of course!

If you’re interested to follow along, here are the coordinates for Team Shenlong:

https://www.facebook.com/teamshenlong/
http://teamshenlong.com/

Auction 2018 an enjoyable success!

On June 10th, 2018 we held our second live public coin auction, once again from the floor of Almonte’s venerable Old Town Hall.

With 52 registered bidders and an overall sell rate of approximately 90%, this offering of more than 600 diverse lots attracted a good crowd, and by all accounts, an enjoyable time was had by all.

Auction Catalogue print cover

Auction Catalogue

Highlights of our sale included a lovely “Queen Mary” Five Dollar note of 1924, which sold for $6,000 in spirited bidding, while the nod for “most active lot” went to a very scarce 1939 Royal Visit presentation medal to a member of the Queen’s R.C.M.P. escort, which also included an excessively rare embossed luncheon napkin from the visit. With a pre-sale estimate of $150, this historically significant pair of items found a new home at $450.

Our sincere thanks go out to all who participated in our sale, as well as to David Giles for once again serving as our auctioneer, and to Foil Media for their fine work in designing our online auction template and print-catalogue production interface.

We look forward to hosting our third sale in 2019, and will strive to have our printed catalogues available in much better timing.

Last Chance for a Sneak Peek of our Live Auction items

We have just added another couple of rounds of pictures to the website today, and this is your last chance for a sneak peek before tomorrow’s Live Auction! All 620 lots are available on our website and we’ve received many advance bids (which you can view on the site).

Click here to view all 620 lots for tomorrow’s Live Auction

Please note: It’s a delightfully busy time in our town and the weather is glorious. Make sure you arrive a few minutes early to ensure a good parking spot.

Live Auction

Sunday, June 10th, 2018
10am start | 12-1pm lunch | Auction will end when we’re done!
Almonte Old Town Hall – Main Concert Hall
14 Bridge Street, Almonte, ON K0A 1A0

Live Auction – Online & Open for Advance Bidding

All 620 lots for our rapidly approaching Live Auction are now available on our website, many with pictures (which we continue to add), and we are inviting advance bids.

Click here to preview of selected auction highlights on our website. You can also review Terms of Sale, etc. on the site.

Please note: print catalogues will only be available on the day of the Auction.

We have a rough plan of 10am to 3pm, but in reality we may end quite a bit earlier. If you are serious about one or more items, we really recommend arriving earlier. The lunch break at 12 is a great time to stroll around the town and grab a bite to eat at one of the many fine eateries.

Live Auction
Sunday, June 10th, 2018
10am start | 12-1pm lunch | Auction will end when we’re done!
Almonte Old Town Hall – Main Concert Hall
14 Bridge Street, Almonte, ON K0A 1A0

 

We look forward to seeing you this coming weekend!