Canadian Maple Leaf Gold Coin

The Canadian Maple Leaf Gold Coin is the official bullion gold coin of Canada, and was first introduced in 1979. The first bullion gold coin available was the Krugerrand, but it was not widely available due to an economic boycott of South Africa. The first minted coins contained .999 gold, and were minted between 1979 and 1981.

The current Canadian Maple Leaf Gold Coins are available in 1/20 oz, 1/10 oz, ¼ oz, ½ oz, and 1 ounce denominations, are they are guaranteed to contain the stated amount in troy ounces of gold. They contain .9999 fine 24 carat gold, and are still considered legal tender in Canada even though their face values are only for show and much lower than their true value.

All of the different denominations of the Canadian Maple Leaf Gold Coin are exactly identical, with the only difference being the markings on the obverse and reverse side that note the weight and face value of the coin. The reverse side contains a picture of the beautiful maple leaf, with the word Canada at the top of the coin. The newest coins contain a picture of 79 year old Queen Elizabeth, where the older coins contain a picture of her when she was 64.

Maple Leaf Gold Coin Stacks

In 1994, a Canadian Maple Leaf coin was offered in 1/15 of an ounce, and was available in both gold and platinum. It has a two dollar face value, but they were not very successful. The year 1994 is the only year the two dollar maple leaf coin was offered, which makes them the rarest of the Canadian Maple Leaf coins ever minted.

Platinum coins were minted starting in 1988, and were struck in .9995 pure platinum. They weight the same amount as the gold coins in the same denominations, and were also given the same face values as well. A five dollar silver Maple Leaf Coin was also introduced in 1988, and contained one full ounce of .9999 fine silver. The Palladium coin was introduced in 2005, and contains one ounce of .9995 fine Palladium. It has a face value of fifty dollars, and is the only Maple Leaf Coin subject to the federal Goods and Services Tax in Canada.

In the year 2007, the Royal Canadian Mint unveiled a new Maple Leaf Gold Coin, which had a face value of one million dollars. The gold content in the coin was worth over two million dollars at the time it was unveiled and measured 50 cm in diameter, 3 cm thick, and weighed 100 kilograms. It had a purity of 99.999% pure gold, and was introduced to promote the new 99.999 percent pure one ounce Maple Leaf Gold Bullion Coins. It was originally introduced as a one of a kind piece, but after several investors began to show interest, the mint announced it would manufacture them as ordered.

There are currently five different denominations of the Canadian Maple Leaf Gold coin being produced, which are minted in the design that was introduced in 2005. The Silver and Palladium Maple Leaf coins are also still being minted, but the Platinum version was discontinued in 2002. All of the coins are a great addition to any coin collection, but the gold coins remain the most popularly collected amongst dedicated coin collectors, especially the 1 oz Gold Maple Leaf Coins.

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