CANADIAN MAPLE LEAF
AVAILABLE IN 1 OZ, 1/2 OZ, 1/4 OZ, AND 1/10 OZ.
The Gold Maple Leaf was first introduced in 1979. At the time, the South African Krugerrand was the only other investment bullion coin available to the retail investor. Because of economic sanctions against South Africa due to apartheid, sales of Gold Maple Leafs took off.
Many western countries placed a ban on imports from South Africa. This created a market for the Maple Leaf because for a time it was the only other option to the Krugerrand. Many countries recognized the opportunity and began minting their own investment gold coins and marketing them to gold investors around the world.
From 1979-1982 the fine content of the Maple Leaf was .999. In 1982 the fineness was increased to “four nines” fine gold and is why the Maple is regarded as one of the purest gold bullion coins on the market today. Again in 1982 the Royal Canadian Mint released the 1/10 oz and 1/4 oz fractional sizes and in 1986 the 1/2 oz size was introduced, which completed the series.
The obverse of the coin depicts the famous image of the Canadian Maple Leaf, which is one of the national symbols of Canada. To the right and left of the Maple Leaf the fine gold content of “9999” is imprinted. Above the Maple Leaf the country “CANADA” is embossed. On the bottom outer edge are the words “FINE GOLD” and “1 OZ OR PUR” are engraved.
The reverse shows the iconic image of Queen Elizabeth II. The depiction of the Queen is a common motif on all commonwealth coins. Along the outer edge, above the Queen, “Elizabeth II” is embossed. Along the bottom outer edge the inscription reads “50 DOLLARS 2017”.
The Royal Canadian Mint, who manufactures the Gold Canadian Maple Leaf, was founded in 1908 as a branch of the Royal Mint in the United Kingdom. The first coin produced by the mint was a Gold Sovereign with a “C” which stood for Canada. In 1912, the Department of Finance instructed the mint to manufacture 8,000 five-dollar gold coins and 8,000 ten-dollar gold coins. These were the first Canadian gold coins inscripted with the words “Canada”.
Today the Royal Canadian Mint is one of the most technologically sophisticated and respected mints in the world. The mint produces a wide range of gold, silver, platinum and palladium bullion products. The Maple Leaf series is one of the top selling brand name coins globally.
Here are some interesting facts about the Maple Leaf:
- In 1979, 1980 and 1981 the Maple Leaf had a fineness of 999/1000.
- In 2007 the Royal Canadian Mint introduced a Gold Maple Leaf coin with a nominal Value of 1 million CAD. The 100 kg coin has a purity of 99.999% and is one of the largest gold coins ever minted.
- Maple Leaf coins are available in gold, silver, platinum and palladium.