The Canadian Gold Maple Leaf is minted by the Royal Canadian Mint. Introduced in 1979 as an alternative to the only gold bullion coin made at the time, the South African Krugerrand. The Canadian Gold Maple Leaf has become one of the most popular ways to invest in gold coins, selling over 25 million Troy ounces since being issued. It is Canada's official gold bullion coin and can be included in a precious metals IRA.
- Each coin contains 1 Troy oz. of .999 or .9999 fine gold depending on dates available
- Eligible for inclusion in a self-directed IRA
- Legal Canadian tender and guaranteed by the Canadian government
- Coins arrive in Brilliant Uncirculated condition
The obverse, or front of the coin, features Her Majesty Queen Elizabeth II, while Canada’s signature maple leaf is depicted on the back of the coin, or reverse. Each Maple Leaf is legal Canadian tender guaranteed by the Government of Canada for its weight and purity.
The overall iconic design of the Gold Canadian Maple Leaf has been left largely unchanged throughout its history but the purity of the coin increased over time from .999 find gold to .9999 fine gold. In 2013 and 2015 new security features were introduced to ensure the authenticity of each coin. In 2013 a micro-engraved textured maple leaf done with laser technology was added to a small area of the reverse side of the coin. In the center of this mark is the coin’s year of issue, which is only visible under magnification. Then in 2015 the radial lines on the coin's background on both sides of the coin was added.
Each coin is made with 1 Troy ounce of gold and has a face value of $50. Specific dates are not guaranteed, and fulfillment based on availability. All coins are in Brilliant Uncirculated condition with fineness .999+. Coins in Brilliant Uncirculated (BU) condition are free from signs of wear because they have not been handled like a traditional coin minted for circulation. The original mint luster should still be present but breaks in the luster, spotted surfaces or even contact marks from the coining process are all possibilities with BU coins.
The Royal Canadian Mint is responsible for minting all of the circulation coins for Canada. It produced its first coin in 1908 and has established as minting high quality products. Through the years the Royal Canadian Mint has developed some of the best technical capabilities in coin design and minting. It is a Crown corporation of Canada that operates under the Royal Canadian Mint Act. The Royal Canadian Mint shares are held in a trust for the Crown in the right of Canada.
All of the Canadian coins produced for circulation are from the Royal Canadian Mint. In addition to the circulation coins, the Mint also manufactures coins for different countries. The Royal Canadian Mint produces precious metal collector coins including gold, silver, palladium, and platinum bullion coins. The Canadian Government decided to no longer mint pennies and the last penny every produced was minted on May 4, 2012.
Interesting facts about Canada
- The first UFO landing pad was built in Alberta in 1967
- Almost a third of the country is taken up by forest
- Over half of the world’s population of polar bears live in Canada
- Macaroni and cheese is the most popular packaged grocery item in Canada
|Mint||Royal Canadian Mint|
|Year of Mintage||Varies|
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