Canadian Gold Maple Leaf

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The Canadian Gold Maple Leaf, produced by the Royal Canadian Mint, is one of the purest gold regular-issue coins in the world. It’s gold content is .9999 millesimal fineness (24 carats). That is, the Canadian Gold Maple Leaf contains virtually no base metals at all—only gold from mines in Canada.

This iconic coin was introduced in 1979. The only bullion coin available prior to 1979 was the South African Krugerrand. Just a few years after it was released, the gold maple leaf was outselling the Krugerrand.

They are minted in five different sizes: one-twentieth ounce, one-tenth ounce, one-quarter ounce, one-half ounce and a full ounce.

With a face value assigned to each sized coin, they can be used as currency.  However, as with all gold bullion coins, the value of the gold in the coin far surpasses the face value of the coin.

These gold coins are eligible for inclusion in your gold IRA as well.

Issue years available vary.  Please call 800-707-7923 if you are looking for a specific year.

Description

Canadian Gold Maple Leaf Design

Obverse

The obverse of the Canadian gold Maple Leaf features the bust of Queen Elizabeth II, and to date it has featured three different designs: the 39 year old Queen, the 69 year old queen, and the 79 year old queen. The current coin was designed by Susanna Blunt. In all versions, the words “ELIZABETH II” appear above the bust.  The coin’s face value (left) and the year of issue (right) are beneath the bust.

Reverse

The reverse of the Canadian gold Maple Leaf depicts a Maple Leaf, the national symbol of Canada from which the coin is named. The reverse also lists the name of the country and the amount and purity of the gold – in both English and French, the national languages of Canada.

Canadian Gold Maple Leaf Specifications

The Canadian Gold Maple Leaf coin is offered in 1⁄20 oz, 1⁄10 oz, 1⁄4 oz, 1⁄2 oz, and 1 oz denominations and is guaranteed to contain the stated amount (in troy ounces) of .9999 fine gold (24- carat). The Canadian Gold Maple Leaf coins have legal tender status in Canada for their face values ($1, $5, $10, $20 and $50), subject to the Canadian Currency Act (this act also allows vendors to refuse payment in too many coins) and the Royal Canadian Mint Act. Although categorized as “non-circulating bullion coins” in the Mint Act, these coins are still legal tender under the Currency Act.

Million Dollar Canadian Gold Maple Leaf Coin

In May 2007, a Canadian Gold Maple Leaf coin with a face value of $1 million was unveiled. The actual value of the gold content was worth over $2 million at the time. It measured 50 cm in diameter by 3 cm thick and has a mass of 100 kg, with a purity of 99.999%.

This million dollar coin was used to promote the one ounce coin and the mint in general. However, after several interested buyers came forward the mint announced it would accept orders for the coin, with a price tag of between $2.5 and $3 million.

So far, there have been 5 sold.

Additional information

Weight

One Ounce, One-half ounce, One-quarter ounce, One-tenth Ounce

Designer

RCM engravers (reverse), Susanna Blunt (obverse)

Metal

Gold

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