The $250 Contemporary Canadian Art gold coins features an original work of art by renowned Canadian artist Tim Barnard. He was commissioned by RCM to design the reverse side of the coin with 50 distinct images symbolizing elements of Canada ranging from the country's weather, First Nations culture and mythology, wildlife, plants, rugged geography and more. The standard Susanna Blunt portrait of Queen Elizabeth II is found on the obverse of this gold coin.
“Canada Through the Eyes of Tim Barnard" is composed of 99.99% pure gold and weighs two troy ounces. Royal Canadian Mint retails the coin for C$5,199.95 (approximately US $4,689). With gold currently trading at $1,360 an ounce, the contemporary art coin sells at a very rich 72% premium to the gold bullion price. This is not that uncommon with NCLTs and this particular coin is not likely to be found at much of a discount since its mintage was limited to just 300 coins. The mint has not sold out of this coin, which is also not surprising considering the high price tag but this should have good collector value with its small mintage and 2 oz of pure gold forming a good base for future value. The likability of the design of the coin will depend on the individual collector as beauty is in the eye of the beholder.