Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf (GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint. The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold. The Gold Canadian Maple Leaf coin, struck by The Royal Canadian Mint, has had a fine gold content of 0.9999 since 1983. This high gold content makes the coin susceptible to scratching, so handle with care. The bust of Queen Elizabeth II, looking to her left, is depicted on the obverse of the coin. Canadian Gold Maple Leaf Coin features: Guaranteed to have 1 troy ounce of fine gold. Canadian legal tender with a $50 CAD face value. 24k gold coin with a.9999 fine gold purity. Bought and sold with a price premium above the world’s fluctuating gold spot price.
There are very few coins all around the world that beat these coins when it comes to purity. The Canadian Gold Maple Leaf Coins have a purity value of 99.9999%, sometimes extending to 99.99999% (Yes, five nines behind the point). This means that the serrate-edged coins are pure gold and nothing less. On the obverse of the coins are an engraving of Queen Elizabeth II while the reverse has an engraving of the Canadian maple leaf.
Since the Royal Canadian Mint started producing the coins in 1979, the reverse of the coins has been subjected to improved security measures twice while the obverse engraving has been changed twice too. The first time for the reverse was in 2013 when microscopic engravings were added to the maple leaf. The second time was in 2015 when radial lines were added to the maple leaf. Initially, the obverse used to contain the side portrait picture of Lady Elizabeth II when she was just 39-years old. The picture was later changed to side portraits of the queen in 1990 and 2005 when she was 64 and 79 years old respectively.
The Canadian Gold Maple Leaf is a great option for investors based on its recognizability, low cost and high liquidity. The standard bullion coins offer premiums below that of the American Eagle. Some of the special issues and editions can be appealing both as a bullion investment and as a speculation as to their value as collectibles. The Maple Leaf gold coin is an investment standard, but the Royal Canadian Mint also produces collectible coins that coin collectors love. These include but aren’t limited to the Superman v. Batman 14kt gold coin, the Canada 150th Voyageur gold coin, and coins from the O Canada Series featuring Canada’s national wildlife.
The Canadian Gold Maple Leaf Coins are produced in various denominations which include 1oz, 1gram, 1/25oz, 1/20oz, 1/10oz, 1/4ox and 1/2oz. As expected, the face values of these coins are way lesser than their intrinsic values. Or where on Earth would a 24 karat gold be sold for 50 Canadian Dollars, the highest face value of the denomination? However, the buyers of these coins all testify to the fact that the coins don’t really do well after consistent use over time, and they sometimes come with print marks at production. These flaws can be attributed to the fact that the coins are pure gold without any strengthening alloys.
An interesting thing about the Canadian Gold Maple Leaf Coins is that they are not just accepted as legal tender in the country, they are also celebrated. This is evident in the production of variations of the coins to mark important occasions and events by the Royal Canadian Mint. These celebratory coin variations include the Hologram Gold Maple Leaf Coins, Olympic Gold Maple Leaf Coins and Colored Maple Leaf Coins among many others. However, these coins are only produced in limited qualities.
Canadian Gold Maple Leaf
Canadian Gold Maple Leaf - Gold Coins - Gold Price
The Canadian Gold Maple Leaf Coin is the official gold bullion coin of Canada, which was the second internationally recognized gold bullion coin, after the South African Gold Krugerrand. The Royal Canadian Mint pioneered to mint a gold coin in such high purity without adding any other strengthening alloy. The Gold Maple Leaf Coin has become one of the most popular bullion investments in the world.
Canadian Gold Maple Leaf
Canada
Canadian Gold Maple Leaf
99.99% Au
Canadian Gold Maple Leaf For Sale
24K
1979–present
C$50, C$25, C$10, C$5, C$1.
1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz.
30mm, 25mm, 20mm, 16mm, 14.1mm.
Serrated
Description
History of Gold Maple Leaf
The Canadian Gold Maple Leaf coin was introduced in 1979 minted by the Royal Canadian mint. It was the first time to mint the gold bullion coin with purity 99.99%. The high purity gold bullion coin was extremely popular with investors and collectors in worldwide. In May, 2007, a gold maple leaf coin with face value of $1 million was minted by the Royal Canadian Mint; its market value is worth over $2 million at the time. Its diameter is 50cm and thick is 3cm with mass of 100kgs and 99.999% fineness. In additional, for the gold is a soft metal, the gold maple leaf is with high purity, it may scratch or mar more easily than other gold coins with lesser purity.
Design of Gold Maple Leaf
The obverse of the Canadian Gold Maple Leaf is a bust of Queen Elizabeth II designed by Arnold Machin. There are two versions of Queen Elizabeth II in the coin. Before 1990, the Queen on the coin is as a younger woman, and then changed as a more mature graceful portrait in 1990. In both versions, 'ELIZABETH II' is inscribed on top of the bust, '50 Dollars' and the year appears at bottom.
The reverse of the Canadian Gold Maple Leaf is a maple leaf (from which the coin derives its name) which is the national symbol of Canada. 'CANADA' is at top of the maple leaf; 'FINE GOLD 1 OZ OR PUR' (the coin's purity in English and French) is at the bottom. '9999' is inscribed the left and the right of the maple leaf. In additional, there is a small maple leaf as an anti counterfeiting measure which is laser micro-inscribed with the last two digits of the coin's minted year.
Face Value & Market Value
There are five sizes of Canadian Gold Maple Leaf coins: 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz, and their corresponding face value are C$50, C$25, C$10, C$5 and C$1. Those face values are legal; however, the face value of gold eagle is not equal to the market value. In fact, each Canadian Gold Maple Leaf coin's price is according to the gold spot price of current market plus a premium per coin.
Size Specification
Provided in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz denominations, those coins are 24 karat (containing 99.99% gold). The Canada government guarantees the weight, purity and legal tender value of each gold maple leaf coins. In spite of 1 oz Canadian Maple Leaf gold coin is the most popular, other sizes are available for your different selection. Below lists detailed information of five sizes specification:
| ROUND | FACE VALUE | DIAMETER | THICKNESS | GOLD CONTENT | TOTAL WEIGHT | GOLD FINENESS |
|---|---|---|---|---|---|---|
| 1/20 oz | C$1 | 14.1 mm | 0.79mm | 0.0500 oz | 0.0500 oz | 999.9 |
| 1/10 oz | C$5 | 16mm | 1.14mm | 0.1000 oz | 0.1000 oz | 999.9 |
| 1/4 oz | C$10 | 20 mm | 1.70mm | 0.2500 oz | 0.2500 oz | 999.9 |
| 1/2 oz | C$25 | 25mm | 2.24 mm | 0.5000 oz | 0.5000 oz | 999.9 |
| 1 oz | C$50 | 30 mm | 2.79mm | 1.0000 oz | 1.0000 oz | 999.9 |
Advantage
Advantage of Canadian Gold Maple Leaf:
1. The Canadian Gold Maple Leaf Coin owns graceful design, and the purity, weight and legal tender value of each gold coin is guaranteed by the Canada Government.
2. The Canadian Gold Maple Leaf Coins are with extremely high liquidity, you can easily buy and sell anywhere in the world where the precious metal are traded.
Canadian Gold Maple Leaf For Sale
3. The Canadian Gold Maple Leaf Coins are small and exquisite, so that easy to store, or transport.
4. Unlike other gold bullion coins, the Canadian Gold Maple Leaf Coins are acceptable for your precious metal IRAs.
5. The Canadian Gold Maple Leaf Coins are minted in 24 karat gold without any strengthening alloy.