Canadian Maple Leaf Bullion Coin


Canadian Maple Leaf The Maple Leaf is the national symbol of Canada, appearing on its flag, and it is only natural that it should feature on the official bullion coin issued by the Canadian government every year. The Canadian Maple Leaf bullion coin is produced by the Royal Canadian Mint and issued annually by the Canadian Government.

All versions of the coin carry the same design - the obverse featuring the portrait of Queen Elizabeth II on the obverse and the iconic Canadian Maple Leaf on the reverse.

During the coin’s lifespan so far, three different portraits of Queen Elizabeth II have featured:

1979- 1989: Arnold Machin's '39-year-old portrait', 1990-2004: Dora de Pédery-Hunt's '64-year-old portrait', and 2005- present: Susanna Blunt's '79-year-old portrait'.

The coin is struck in four different precious metals - gold, silver, platinum, and palladium.


Gold Maple Leaf Canadian Maple Leaf Coin

The gold Maple Leaf is a 24 carat gold coin containing 31.1g of gold at a fineness of 999.9. It has a diameter of 30mm and is 3mm thick. The Gold Maple has a nominal face value of $50. The coin was first released in 1979, filling a global need for bullion coins with the Krugerrand in short supply due to economic sanctions on South Africa at the time. Although there is a far larger variety of bullion coins available in the world today, the Maple Leaf is still one of the most popular and recognisable around. It is one of, if not the purest gold bullion coin available and is extremely popular with those who to prefer to invest in 24 carat coins, even if slightly more care is needed when handling them than with 22 carat coins.

Striving for purity has been a common theme in the Royal Canadian Mint’s production of this coin. From 1979 until November 1982 coins were issued with a fineness of .999 until new standards were met, with coins issued henceforth minted with a purity of .9999. Certain special issue coins have even been produced at a fineness of .99999, containing 99.999% pure gold.

The Gold Canadian Maple Leaf is available in several denomination and sizes.

Denomination

Face Value ($)

Weight (g)

Gold Content (g)

Fineness

Maple Leaf

50

31.1

31.1

999.9

Half

20

15.55

15.55

999.9

Quarter

10

7.77

7.77

999.9

Tenth

5

3.11

3.11

999.9

Twentieth

1

1.55

1.55

999.9

Maple Gram

0.5

1

1

999.9


Silver Maple Leaf Silver Maple Leaf

The Silver Maple Leaf replicates the gold version in almost every way but the metal it is made from. It is a 99.99% pure silver bullion coin that was first introduced in 1988 and has been issued annually ever since. The standard Silver Maple has a diameter of 38mm, weighs one troy ounce- 31.1g - and has a nominal face value of $5.

The silver Maple Leaf bullion coin has become popular thanks to its high quality finish, as well as the Canadian Mint's new MINTSHIELD technology which aims to reduce milk spotting on their coins.



Platinum Maple Leaf

The Platinum Maple Leaf was first introduced in 1988, weighing 31.11g (1 troy ounce) of .9995 pure platinum with a nominal face value of £50. It was issued annually in several denominations until it was discontinued in 2002. The 1 oz. version of the platinum bullion coin was reintroduced in 2009 with a purity of 999.5.


Palladium Maple Leaf

The Palladium Maple Leaf is a 31.1g palladium bullion coin with a purity of .9995. It has a face value of $50 and has had a much shorter and disjointed mintage history than versions in other precious metals. It was first produced from 2005 until 2007, then for one year only in 2009, before being reintroduced in 2015.

linkedin