“Canada’s first gold coins had barely been minted before Ottawa yanked them out of circulation a hundred years ago in an effort to stop gold from leaving the country during the First World War.  After a century of sitting in cloth bags inside the Bank of Canada vault, they are among a wide range of assets the Conservative government is liquidating – in this case literally – to save taxpayers a few dollars and help balance the books. The plan is to melt down more than 200,000 gold coins from the years 1912 to 1914, when Ottawa suspended the gold standard.  The sale is among a string of recent moves by the federal goverment to unload public assets as it moves to balance the books by 2015.”

http://www.theglobeandmail.com/news/politics/bank-of-canadas-gold-coins-to-be-liquidated-in-federal-push-to-balance-books/article16141316/

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