Canadian Gold Maple Leaf

The Gold Maple Leaf is a gold bullion coin that has been produced by the Royal Canadian Mint since 1979. The start of production in 1979 means that this coin came before a lot of other gold coins like the Gold Eagle and the Australian Gold Kangaroo. When the Maple Leaf was brought on to the market, the only other gold bullion coin around was the South African Krugerrand, but that coin was not easy to find because it had been boycotted by most due to apartheid. The Maple Leaf is and has always been made up entirely of gold, but coins that were minted between 1979 and 1982 had a fineness of .999, but today they have a fineness of .9999.

Design and Details

The obverse side of the coin depicts the image of Queen Elizabeth II, just like many other coins throughout the world. The reverse side depicts nothing other than a Maple Leaf, an eternal symbol of Canada. The coin, like previously stated, has a fineness of .9999 (24 karats) and even has some special editions that have a fineness of .99999. Just like many other coins the Maple Leaf is offered in sizes of 1/20, 1/10, ¼. ½, and 1 ounces. The face values of these coins are, in ascending order, $1, $5, $10, $20, and $50 (Canadian).

More About the Gold Maple Leaf

These coins are very popular all over the world, but especially popular in North America. This is because the Maple Leaf is offered in multiple sizes whereas another North American coin, the American Gold Eagle, is only offered in one size. Collectors and investors who are not looking to break the bank turn to the Canadian Maple Leaf because there are smaller sizes that will not be quite as expensive. These coins are another coin that requires extreme care. They have no filler metals and that means they are susceptible to showing wear and tear. In fact, a large amount of customers complained about how the coins are produced. Between the coin’s softness and its milled edges it is difficult to take care of. The situation is not made any worse when the plastic tubing that it is packaged in is what causes a lot of this damage.

Buying Gold Canadian Maple Leafs is most easily done on the internet. Sites like Apmex have wide selections of Maple Leafs and even have some special editions as well. If you are not from the US, Canada, or Mexico the Maple Leaf may be hard to find in a brick and mortar coin dealer. But for those that reside in North America, these coins are found nearly everywhere. Even if you do live in North America it would not be a bad idea to check out the internet because there are so many different sellers around. And since the coin is pure gold, it is just as popular amongst investors as it is collectors. Although the price of gold may go up and down, the demand for Gold Maple Leaf’s has been steadily climbing since 1979.