Canadian Gold Kermode Spirit Bear Coin Review

Canadian Gold Kermode Spirit Bear Coin Review

Disclaimer: Many or all of the companies listed here may provide compensation to us. This is how we maintain our free service for consumers. Compensation, along with hours of in-depth editorial research, determines where & how companies appear below.

The Canadian Gold Kermode Spirit Bear Coin is a true thing of beauty. Featuring a Kermode bear catching a fish out of the water, this coin is not just beautiful, but it also brings attention to a species that is only found in the wild of North America.

If you're considering investing in the Gold Kermode Spirit Bear coin or want to learn whether it can be held in a Gold IRA account, continue reading. We're going to take an in-depth look at this coin to help you answer all of your questions.

Before you continue...make the most of your investment!

Our #1 recommended company is currently offering to match dollar for dollar up to 10% of your order in free silver! That means if you invest $100,000 - you get $10,000 in free silver!

We highly recommend that you get their 100% free investment kit (NO shipping & handling fee).

>> Get Your 100% Free Investment Kit Here <<

See how you can get gold & silver coins in an IRA to protect retirement savings & get massive tax benefits.

NOTE: This company has over $1 BILLION dollars in retirement savings protected, over 1,000 5 star reviews, an A+ BBB rating, 5x Inc 500 winner, AAA customer rated & 2021 company of the year!

Gold Kermode Spirit Bear Coin at a Glance

  • 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

About the Gold Kermode Spirit Bear Coin

Canadian Gold Kermode Spirit Bear Coin Review

The Kermode Spirit Bear is a subspecies of the black bear. However, unlike black bears, Spirit Bears have white fur, which is how they got their name. You may also hear Kermode Bears called Ghost Bears, also because of the color of their fur.

A recessive gene is responsible for the white coloring of a Kermode bear. So, it is possible that two black bears could mate and give birth to a white bear, if both black bears carried the special (MC1R) gene responsible for the white coloring.

It has been hypothesized that white Kermode Spirit bears are better fish hunters than black bears because their white fur is more difficult to see against the color of the sky, compared to the darker fur of a black bear.

The Gold Kermode Spirit Bear Coin was designed to honor this powerful species found in North America.

Gold Kermode Spirit Bear Coin Design

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

Obverse

Canadian Gold Kermode Spirit Bear Coin Review

The obverse of this coin was designed by Susana Blunt. Blunt won a contest set by the Royal Canadian Mint to develop a portrait of the Queen for use on the country's currency. The portrait shows the queen wearing a pearling necklace (but no crown) looking to the right. Blunt's image has been used on Canadian currency since 2003. "Elizabeth II D. G. Regina," meaning Elizabeth II, by the grace of God, the Queen is written on the two sides of the coin around the Queen's profile. The bottom of the coin reads 10 Dollars (for the $10 Canadian Dollar face value).

Reverse

Canadian Gold Kermode Spirit Bear Coin Review

The reverse design of this spectacular coin shows a Kermode Spirit Bear with a fish in his mouth. The bear is walking in the water and appears to have just caught the fish. The bear design is centered on the reverse of the coin, surrounded by a circular border. The upper portion of the borders reads "Canada" and the issue year, while the bottom part of the border displays the weight and purity level (fine gold, ¼ ounce, .9999 pure).

Value of the Gold Kermode Spirit Bear Coin

As with other gold coins, the value of the Gold Kermode Spirit Bear Coin can fluctuate with the market. The current spot price of gold will impact the coin's overall value. However, this coin weighs just ¼-ounce, and the spot price of gold is based on 1 ounce of gold, so keep this in mind as you're estimating the value of the coin. Additionally, coins can be worth a bit more than just the value of the gold. With their intriguing designs and potential rarity, some coins have a higher-than-spot price.

Due to fluctuations in the price of gold, if you want to find out the current value of a Gold Kermode Spirit Bear Coin, contact a precious metals dealer. They'll be able to give you up-to-date pricing information.

Adding Gold Kermode Spirit Bear Coins to a Gold IRA

Canadian Gold Kermode Spirit Bear Coin Review

Can you add Gold Kermode Spirit Bear Coins to a Gold IRA? Yes, this coin meets this eligibility requirements set forth by the IRA.

According to these IRA regulations, gold coins must be at least 99.5% pure. The Royal Canadian Mint crafted these coins with a 99.99% purity rate. This means that the Gold Kermode Spirit Bear Coin surpasses the minimum requirements and can be added to a Gold or Precious Metals IRA.

Are Gold Kermode Spirit Bear Coins a Good Investment?

Now that you've had your questions about the Gold Kermode Spirit Bear Coin, do you think you want to add it to a Gold IRA? Or, are you ready to purchase it to hold as a personal investment? The decision is up to you. Use the information we shared above about this gold coin and compare it with some of the other coins that you are considering adding to your account.

Don't Forget Your 100% Free Investment Kit!

>> Get Your Free Investment Kit Here <<

With over $1 BILLION dollars in retirement savings protected, this company will show you how to make the most of your investment.

It's totally risk free to get the investment kit to learn how to get major tax benefits and protect your savings. Taking a few extra minutes could save you an enormous amount of money.

Leave a Reply

Your email address will not be published.