Canadian Maple Leaf Gold Coins
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Purity | Weight (g) | Fineness | Min. Gold Content (g) | Price £ |
1 Ozt Maple Leaf | 31.103 | .9999 | 31.103 | £1,327.76 |
Half | 15.551 | .9999 | 15.55 | £663.90 |
Quarter | 7.785 | .9999 | 7.775 | £331.95 |
Tenth | 3.1103 | .9999 | 3.11 | £132.76 |
Fifteenth | 2.0735 | .9999 | 2.0733 | £88.51 |
Twentieth | 1.5551 | .9999 | 1.555 | £66.17 |
The official bullion gold coin of Canada is the Canadian gold Maple Leaf. This coin is prized by bullion coin investors for its pure gold content. The normal issue of Canadian Maple Leaf coins is created from 24 carat gold with a 99.99% purity while the special issue Canadian Maple Leaf coins are crafted in 99.999% pure Canadian gold.
First introduced by the Royal Canadian Mint ins 1979, the Canadian Maple Leaf was the only bullion coin available to investors of the time because of an embargo against trade with South Africa which limited the availability of the Kruggerand, the only other bullion coin in production at the time. In the early years of production, from 1979 to 1982, the Canadian Maple Leaf had a gold content of .999 purity.
The Canadian Maple Leaf coin is available in five weights, 1/20 ounce, 1/10 ounce, 1/4 ounce, 1/2 ounce, and 1 ounce, and the coins bear face values of $1, $5, $10, $20 and $50 respectively. These coins are legal tender for trade under the Canadian Currency Act although the Royal Canadian Mint Act categorizes the Canadian gold Maple Leaf as a non circulating bullion coin.
Since 1988, the Canadian Maple Leaf coin has also been minted in .9995 pure platinum and in silver. The platinum Maple Leaf coins are the same weight and face value of their gold counterparts while the silver Maple Leaf is crafted from one ounce of .9999 pure silver and bears a face value of $5.
In 1994, a Canadian Maple Leaf with a $2 face value and a weight of 1/15 ounce was created by the Royal Canadian Mint in both gold and platinum. Due to lack of public interest, these coins were discontinued after just one year.
In addition to gold, silver and platinum, the Canadian maple Leaf has also been minted in palladium since 2005. The palladium Maple Leaf is minted from one ounce of .9995 pure palladium and bears a face value of $50.
In a very rare move by any nations government, the Royal Canadian Mint created the $1,000,000 gold Canadian Maple Leaf coin in 2007. This huge coin weighed in at 100 kilograms and the 99.999% pure gold content of the coin was nearly twice it's face value at the time this coin was unveiled. This coin was not intended to become regular production but was intended to be a showcase piece to highlight the Royal Canadian Mints new line of 99.999% pure gold one ounce Maple Leaf coins. Upon the request of several buyers, the Royal Canadian Mint agreed to add this coin to their catalog of available items. These $1 Million Canadian gold Maple Leaf coins are made to order and at the time of this writing, there are six of these coins in existence.
Interesting Facts About The Canadian Maple Leaf Coin
The Canadian Royal Mint created two very unusual Maple Leaf coins for the twentieth anniversary of the gold Maple Leaf. In 1999, they released a colored gold Maple Leaf coin and a hologram Maple Leaf coin.
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