Canada’s first imperial sovereigns were struck in 1908 at the Ottawa branch of the Royal Mint, using gold mined in British Columbia and the Yukon Territory. The entire mintage, 633 or 636 coins, depending on the source, was produced with a satin specimen finish and was not intended for circulation. Nevertheless, surviving examples vary considerably in quality, with most displaying some degree of handling and a small number appearing to have entered circulation. The present coin is exceptionally well preserved and, according to the PCGS Population Report (8/26), is surpassed by only 11 pieces worldwide. As is characteristic of the issue, the strike is superb, with the rider’s reins, cape clasp and boot cuff all fully defined. Die-polishing lines remain visible in the fields, suggesting an early striking. A sought-after Canadian gold issue, and one that will certainly pique the interest of a serious Commonwealth sovereign collector.