Gold Coin Information
The official gold bullion coin of Canada is the Gold Maple Leaf. These bullion coins have been offered continuously since 1979 and are produced by the Royal Canadian Mint. The obverse of the coin carries an image of the Queen and the reverse of the coin features the Maple Leaf, which is the national emblem of Canada.
The Gold Maple Leaf is often touted as one of the world’s purest gold bullion coins. The Gold Maple Leaf was first introduced in 1979 with a purity of .999. At that time the only world gold bullion coin available was the South African Gold Krugerrand, which used a 22 karat gold alloy of .9167 purity. Starting in 1982, the Gold Maple Leaf was offered with an even purer composition of .9999 and some special issues even carry a purity of .99999 fine gold.
The Gold Maple Leaf is currently offered in a wide range of sizes including 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz. These bullion coins are all considered legal tender and carry symbolic face values of C$50, C$25, C$10, C$5, and C$1. The market value of the coins is much higher than the face values and usually based on the market price of gold plus a premium. Premiums are lowest for the larger sizes and highest for the smaller sizes.
More Canadian Coins:
Dates: 1979 – present
Mint: Royal Canadian Mint
Weight: varies by denomination
Composition: 99.9% – 99.999% gold depending on issue
Gold Content: stated value by denomination
Diameter: varies by denomination
Thickness: varies by denomination