Reviewing the Canadian Gold Kermode Spirit Bear Coin

The Gold Kermode Spirit Bear Coin from Canada is genuinely captivating. With a design of a Kermode bear snatching a fish from the water, this coin isn't only aesthetically pleasing but also highlights a species unique to North America's wild.

Would you consider adding the Gold Kermode Spirit Bear coin to your investment? Or is it eligible for a Gold IRA? Keep reading. We'll dive deep into this coin, addressing all your queries.

A Quick Look: Gold Kermode Spirit Bear Coin

• Composition: ¼-ounce .9999 fine Gold (99.99% pure gold)

• Dimensions: 20 mm diameter

• Manufacturer: Royal Canadian Mint

• Minting Location: Canada

• Obverse Design: Effigy of Queen Elizabeth II facing to the right

• Reverse Design: The Kermode bear catching fish in the water

• Face Value: $10 (CAD)

• IRA-Eligibility: Eligible to be held in IRA

Unveiling the Mystique: Gold Kermode Spirit Bear Coin

The Spirit Bear, known as the Kermode, is a unique black bear offshoot. Yet, what sets them apart is their pristine white coat, earning them the "Spirit" moniker. Some also refer to these creatures as Ghost Bears, alluding to their fur's ethereal hue.

Their distinct white shade comes from a recessive gene. Thus, when two black bears possessing the specific (MC1R) gene mate, there's a chance their offspring might exhibit this white coat.

Many theorize that these white Kermode Bears might be superior at fishing than their black counterparts. Why? Their white coat, blending with the sky, makes them less conspicuous to the fish below.

The Gold Kermode Spirit Bear Coin was crafted in tribute to this majestic North American creature.

Spirit Bear: The Golden Kermode Coin Blueprint

The Gold Kermode Spirit Bear coin is a beautiful piece. Read on to learn more specifics about its design.

Obverse

Susana Blunt masterfully crafted the coin's obverse after triumphing in a competition by the Royal Canadian Mint, aiming to portray the Queen for national currency purposes. In this depiction, the Queen elegantly faces right, adorned with a pearl necklace but sans crown. Since 2003, Blunt's rendition has graced Canadian money. Encircling the Queen's likeness, you'll find the phrase "Elizabeth II D. G. Regina" - a nod to Elizabeth II being the Queen by divine right. Notably, the coin's base mentions 10 Dollars, representing its $10 Canadian face value.

Reverse

On the flip side of this stunning coin, you'll witness a Kermode Spirit Bear confidently holding a freshly caught fish. This bear has just snagged its catch while strolling through the water. This majestic bear illustration takes center stage on the coin's reverse, embraced by a neat circular boundary. "Canada," along with the minting year, is inscribed at the top arc, while the bottom spells out its impressive specifics: fine Gold, a quarter ounce, and a purity of .9999.

Assessing the Gold Kermode Spirit Bear Coin's Worth

Like many gold coins, the Gold Kermode Spirit Bear Coin's worth can swing based on market trends. The prevailing rate of Gold directly influences its price. Yet, this particular coin is a mere ¼-ounce, and Gold's spot rate is typically considered a full ounce. So, when evaluating this coin's worth, bear that distinction in mind. Beyond just the gold content, coins can carry additional value. Some coins command prices above the spot rate thanks to captivating designs and potential scarcity.

Should you be curious about the present-day worth of a Gold Kermode Spirit Bear Coin, it's best to reach out to an expert in precious metals. They can provide the most recent price details.

Incorporating Gold Kermode Spirit Bear Coins into Your Gold IRA

Are Gold Kermode Spirit Bear Coins eligible for a Gold IRA? They fit right into the criteria established by the IRA.

Per the guidelines of the IRA, gold coins need to maintain a purity of at least 99.5%. Impressively, the Royal Canadian Mint produced these coins boasting a purity of 99.99%. This indicates that the Gold Kermode Spirit Bear Coin meets and exceeds the base standards, making it a fitting addition to a Gold or Precious Metals IRA.

Evaluating Gold Kermode Spirit Bear Coins as an Investment Opportunity.

Having learned about the Gold Kermode Spirit Bear Coin, are you contemplating including it in your Gold IRA? Or perhaps considering it as a standalone investment? The choice lies with you. Reflect on the insights we've provided on this gold coin and weigh it against other coins you're eyeing for your portfolio.

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