2 oz Call of the Wild Gold Coin

The 2 oz Call of the Wild Gold Coin

The 2 oz Call of the Wild gold coin is a large-format collector edition from the Royal Canadian Mint, part of the seven-coin Call of the Wild series that ran from 2014 to 2020. The standard series coin is the 1 oz version, struck in 99.999% pure gold (five nines), the highest commercially available gold purity. The 2 oz format expands the canvas for Pierre Leduc's dynamic wildlife designs while approximately doubling the gold content.

The Call of the Wild series featured seven Canadian predatory animals depicted mid-vocalisation: the Howling Wolf (2014), Growling Cougar (2015), Roaring Grizzly (2016), Crowned Elk (2017), Shrieking Golden Eagle (2018), Majestic Moose (2019), and Bobcat (2020). Stylised sound wave lines emanate from each animal's mouth, capturing the moment of the vocalisation rather than a static portrait. The series was originally planned as a three-coin set but was extended to seven due to strong sales.

The 2 oz edition was produced as an Enhanced Hand-polished Relief (EHR) proof coin with extremely limited mintage (275 pieces for the 2022 Timber Wolf edition). This positions it firmly as a collector piece rather than a standard bullion product, carrying premiums well above melt value. The series concluded in 2020 for the standard 1 oz version, but the RCM has released retrospective 2 oz proof editions featuring selected designs from the series.

2 oz Call of the Wild Specifications

The five-nine purity is the defining technical characteristic of the Call of the Wild series. Refining gold to 99.999% requires specialised techniques that very few facilities in the world can achieve, and the Royal Canadian Mint is one of them. The additional 0.009% difference between .9999 (four nines) and .99999 (five nines) is imperceptible in physical properties but represents a significant achievement in metallurgical processing.

The CAD $200 face value is the highest ever assigned to a 1 oz gold bullion coin by any sovereign mint. The 2 oz proof edition carries the same face value, reflecting its collector rather than bullion orientation. For comparison, the standard Gold Maple Leaf carries a face value of CAD $50, and the American Gold Eagle carries USD $50.

Tax Treatment of the 2 oz Call of the Wild

The Call of the Wild gold coin qualifies as investment gold in all major markets. Its .99999 purity far exceeds every jurisdictional threshold for gold tax exemption, and its status as legal tender issued by the Royal Canadian Mint provides additional qualification.

• Canada: Legal tender (CAD $200). GST/HST-exempt as investment gold from a Canadian sovereign mint at purity exceeding .995.
• UK: VAT-free as investment gold. Not UK legal tender, so not CGT-exempt. Capital gains taxed at the individual's rate with the annual allowance (currently GBP 3,000). The collector premium above melt value is part of the capital gain calculation.
• US: No federal sales tax. State sales tax varies; most states exempt bullion. IRA-eligible: the .99999 purity exceeds the IRS .995 minimum, and the coin is issued by a sovereign government mint. Note that the limited mintage and proof status may lead some custodians to query the coin's classification as bullion versus numismatic; confirm with your IRA custodian. Capital gains taxed at the collectibles rate of up to 28%.
• EU: VAT-exempt as investment gold under EU Directive 98/80/EC.
• Australia: GST-free as investment gold at .99999 purity (exceeds the 99.5% threshold).
• Singapore: GST-exempt under the IPM scheme. No capital gains tax.
• Hong Kong: No sales tax, no import duty, no capital gains tax.

Call of the Wild vs Other RCM Gold Series

The Royal Canadian Mint produces several gold coin series, and the Call of the Wild occupies a distinctive niche. The standard comparison is against the Gold Maple Leaf, which is the RCM's flagship bullion coin. The Maple Leaf is .9999 fine (four nines) versus Call of the Wild's .99999 (five nines), has unlimited mintage, lower premiums, and is designed for cost-efficient gold accumulation. The Call of the Wild trades at premiums well above standard bullion due to its purity, limited mintage, and collector appeal.

Among 2 oz gold coins more broadly, the Perth Mint is the other major producer, offering 2 oz gold in the Lunar, Kangaroo, and Koala ranges. Perth Mint products are .9999 fine (four nines), so the Call of the Wild's five-nine purity remains unique. Perth Mint 2 oz coins are also produced in larger quantities, making them more accessible on the secondary market but less exclusive as collector items.

The 2 oz Call of the Wild is best understood as a collector coin with bullion characteristics rather than a bullion coin with collector appeal. The 275-piece mintage for the EHR proof edition places it in the realm of limited-edition numismatics. Complete sets of the seven standard 1 oz Call of the Wild coins command significant premiums on the secondary market, and the 2 oz proof editions add another tier of rarity for serious RCM collectors.

For buyers seeking pure gold accumulation at the lowest premium, the 1 oz Gold Maple Leaf is the better choice. For those who value the combination of exceptional purity, limited availability, and distinctive Canadian wildlife artistry, the Call of the Wild series offers something that no other sovereign mint programme matches.