Canadian Gold Maple Leaf

Enlarge picture
Reverse of a 1 oz Gold Canadian Maple Leaf bullion coin.
The Canadian Gold Maple Leaf is the official bullion gold coin of Canada and is produced by the Royal Canadian Mint. The brainchild of Walter Ott, it is the purest gold coin of regular issue in the world, with a gold content of .9999 millesimal fineness (24 carats). That is, it contains virtually no base metals at all – only gold exclusively from gold mines in Canada.

The coin was first introduced in 1979. At that time, the only available bullion coin was the Krugerrand, which was not widely available because of an economic boycott of apartheid-era South Africa. Coins minted between 1979 and 1981 have gold content of .999.

The coin is offered in 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations and is guaranteed to contain the stated amount (in troy ounces) of .9999 fine gold (24 carat). The coins have legal tender status in Canada, but as is often the case with bullion coins, the face values of these coins (C$1, C$5, C$10, C$20 and C$50) are purely symbolic and are much lower than their true value.

The 1/20, 1/10, 1/4, and 1/2 troy oz coins are identical in design to the 1 troy oz coin except for the markings on the obverse and reverse sides that indicate the weight and face value of the coin. In 1994, 1/15 oz ($2.00 face value) gold and platinum coins were issued, possibly for use in jewelry. They were not very successful, and so 1994 remains the only year in which 1/15 oz gold and platinum bullion coins were produced.

Starting in 1988, Maple Leaf coins have also been struck in .9995-fine platinum, having the same weights and face values as the gold coins. Since 1988, a one ounce .9999-fine silver Maple Leaf has also been struck, with a face value of 5 dollars. In 2005, a .9995-fine palladium Maple Leaf 1 oz coin was introduced, with a face value of 50 dollars. The palladium Maple Leaf is subject to the federal GST in Canada.

On May 3, 2007, the Royal Canadian Mint unveiled a Gold Maple Leaf coin with a face value of One Million Dollars,[1] though the gold content was worth over $2 million at the time. It measures 50 cm in diameter by 3 cm thick and weighs 100 kilograms, with a purity of 99.999%. The artist is Stanley Witten. The coin is mainly a promotional product to give the mint a higher international profile.[1] The 100-kilogram coin was conceived as a one-off showpiece to promote the mint's new line of 99.999 per cent pure one ounce Gold Maple Leaf bullion coins[1] but after several interested buyers came forward the mint announced it would manufacture them as ordered and sell them for between $2.5 million and $3 million. As of May 3 2007 there were five confirmed orders.[2]

All denominations are in troy ounces.

Gold Maple Leaf

Years Denominations Purity Obverse
1979–19811 oz999
39-year-old Queen Elizabeth II
1982–19851 oz, 1/4 oz, 1/10 oz9999
1986–19891 oz, 1/2 oz, 1/4 oz, 1/10 oz9999
1990–19921 oz, 1/2 oz, 1/4 oz, 1/10 oz9999
19931 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz9999
19941 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/15 oz, 1/20 oz9999
1995–20041 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz9999
2005–present1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz9999
79-year-old Queen Elizabeth II

Platinum Maple Leaf

Years Denominations Purity Obverse
1988–19891 oz, 1/2 oz, 1/4 oz, 1/10 oz999539-year-old Queen
1990–19921 oz, 1/2 oz, 1/4 oz, 1/10 oz999564-year-old Queen
19931 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz9995
19941 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/15 oz, 1/20 oz9995
1995–19991 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz9995
20021 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz9995


Note: No platinum maple leafs have been minted since 2002.

Silver Maple Leaf

Main article: Canadian Silver Maple Leaf


Years Denominations Purity Obverse
1988–19891 oz999939-year-old Queen
1990–20041 oz999964-year-old Queen
2005–present1 oz999979-year-old Queen

Palladium Maple Leaf

Available in a one-ounce format, the Palladium coin presented an alternative to the Platinum Maple Leaf, which had been discontinued in 1999.

During the testing process for the Palladium coin, coins were tested on two different Palladium blanks. These blanks had been identified as Lot "A" and Lot "B". From these blanks, 290 test coins were struck. Said coins were struck with a Mint Mark to attest to their authenticity. All test coins struck from Lot A were identified with an "A" Mint Mark, and all test coins struck from Lot B were given a "B" Mint Mark. These coins were available through a draw held by the Royal Canadian Mint. Their face value was $50 each and the issue price for both coins were $1,299.95.

Year Denomination Purity Obverse
2005-present1 oz.9995 palladium79-year-old Queen

Bimetallic Maple Leaf

As a way of commemorating 25 years as an industry leader in bullion coins, the Royal Canadian Mint created a unique six coin set. It was a new bimetallic maple leaf set in bullion finish (a brilliant relief against a parallel lined background). The six-coin set was the first ever to include the 1/25 oz. Maple Leaf denomination. Each coin included a double-date of 1979-2004, and the 1 ounce coin featured a commemorative privy mark. All coins were packaged in a black leather presentation case with a black velour insert along with a certificate of authenticity. [3]

Coin Specifications

Year Theme Face Value Size Composition (Ring) Composition (Core) Weight Diameter
200425th Anniversary, Gold Maple Leaf$0.501/25 ounce.9999 silver.9999 gold1.27016.00
200425th Anniversary, Gold Maple Leaf$1.001/20 ounce.9999 silver.9999 gold1.58118.03
200425th Anniversary, Gold Maple Leaf$5.001/10 ounce.9999 silver.9999 gold3.13620.00
200425th Anniversary, Gold Maple Leaf$10.001/4 ounce.9999 silver.9999 gold7.80225.00
200425th Anniversary, Gold Maple Leaf$20.001/2 ounce.9999 silver.9999 gold15.58930.00
200425th Anniversary, Gold Maple Leaf$50.001 ounce.9999 silver.9999 gold31.65036.07


Other Details

Year Theme Artist Mintage Issue Price Finish
200425th Anniversary, Gold Maple LeafRCM Engravers801$2,495.95Bullion

Special issues

99.999% Gold Maple Leaf
Year Theme Artist Mintage Issue Price Special Notes
2007Two Hundred Dollar CoinStanley WittenN/AN/APurest gold coin produced by RCM
2007One Million Dollar CoinStanley Witten5 as of May/2007N/AThe coin weighs 100 kilograms




Coloured Gold Maple Leaf
Year Theme Artist Mintage Issue Price Special Notes
199920th Anniversary of the GMLWalter Ott, RCM Engravers13,025N/AThese are the first coloured coins that the Royal Canadian Mint has ever produced [4]


Hologram Gold Maple Leaf
Year Theme Artist Mintage Issue Price Special Notes
1999GML Hologram SetWalter Ott, RCM Engravers500$1995.00First Coins for RCM to feature a hologram
2001GML Hologram SetWalter Ott, RCM Engravers600$1995.00N/A
2001$10 GML HologramWalter Ott, RCM Engravers14,614$195.001/4 ounce


Olympic Maple Leaf
  • The Royal Canadian Mint and the International Olympic Committee have reached an agreement on Olympic Gold and Silver Maple Leaf coins. The announcement was made on August 3, 2007 and the agreement allows the RCM to strike bullion coins with the emblems of the 2010 Olympic and Paralympic Games. [5] The issue will consist of two coins: one Gold Maple Leaf coin and a Canadian Silver Maple Leaf coin and both coins will feature the date of 2008. The new agreement means that the RCM is now selling Olympic coins through all of its major business lines: bullion, circulation, numismatics. [6]
Individual Releases

Year Theme Artist Mintage Issue Price Special Notes
198910th Anniversary CoinWalter Ott6,817Bullion ValuePackaged in a wooden box
1997125th Anniversary of the RCMPAgo Aarand12,913$310.00 US FundsGuaranteed value of $310 US until Jan 1, 2000
200425th Anniversary of Gold Maple LeafWalter Ott10,000Bullion ValueIntroduced at ANA World’s Fair of Money in Pittsburgh
2007Gold Maple Leaf Test Bullion Coin 99.999% PureStan Witten500$1,899.95Available to collectors who enter draw-to-buy


Privy Marked GML

Year Privy Mark Denomination Size Mintage Special Notes
1997FamilyFive Dollars1/10 oz.100,730Made for Dillon Gage
1998EaglesFive Dollars1/10 oz.51,440Made for Dillon Gage
2000Expo HanoverTen Dollars1/4 oz.N/AN/A
2001Basle Coin FairTen Dollars1/4 oz.750N/A
2001VikingN/A1 oz., ½ oz., 1/4 oz., 1/10 oz., 1/20 oz.850Issued as a five coin set
2005LiberationTen Dollars1/4 oz.1,000Made for Royal Dutch Mint

Definition of finishes

Bullion: Brilliant relief against a parallel lined background.
Proof: Frosted relief against a mirror background
Specimen: Brilliant relief on a satin background.

References

1. ^ "Royal Canadian Mint introduces world's first 100-kilogram pure gold coin", Canadian Broadcasting Corporation, May 3 2007. Retrieved on 2007-05-08.2007"> 
2. ^ "Finally! A 100-kg Canadian gold coin", CBC News, May 3 2007.2007"> 
3. ^ Charlton Standard Catalogue of Canadian Coins, 60th Edition, p.442
4. ^ Charlton Standard Catalogue of Canadian Coins, 60th Edition, p.440
5. ^ “Maples will sport Olympic Rings”, Bret Evans, Canadian Coin News, September 4 to September 17, 2007
6. ^ “Maples will sport Olympic Rings”, Bret Evans, Canadian Coin News, September 4 to September 17, 2007

See also

External links

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Gold coins are one of the oldest forms of money. The first gold coins in history were coined by the Lydian king Croesus in about 560 BC, not long after the first silver coins were minted by king Pheidon of Argos in about 700 BC.
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The Royal Canadian Mint (RCM, French Monnaie royale canadienne) produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations.
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Millesimal fineness is a system of denoting the purity of platinum, gold and silver alloys by parts per thousand of pure metal in the alloy.

For example, an alloy containing 75% gold is denoted as "750".
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The carat (abbreviation ct or K) is a measure of the purity of gold and platinum alloys.
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Troy weight is a system of units of mass customarily used for precious metals, black powder, and gemstones.

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Although the troy was known to exist in medieval times, it was not until 1758 that it was established as the standard unit from which other
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Troy weight is a system of units of mass customarily used for precious metals, black powder, and gemstones.

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The carat (abbreviation ct or K) is a measure of the purity of gold and platinum alloys.
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The Canadian Silver Silver Maple Leaf is a series of silver bullion coins issued by Canada. It has a static design every year and mostly comes in 1 troy oz of silver. Variation for this coin includes proof (1989 only), privy marks, coloured maple leaf (has a different design than
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Palladium (IPA: /pəˈleɪdiəm/) is a chemical element with symbol Pd and atomic number 46. It is a rare silver white transition metal of the platinum group, resembling platinum chemically.
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The Canadian Silver Silver Maple Leaf is a series of silver bullion coins issued by Canada. It has a static design every year and mostly comes in 1 troy oz of silver. Variation for this coin includes proof (1989 only), privy marks, coloured maple leaf (has a different design than
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Palladium (IPA: /pəˈleɪdiəm/) is a chemical element with symbol Pd and atomic number 46. It is a rare silver white transition metal of the platinum group, resembling platinum chemically.
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Canadian Gold Maple Leaf is the official bullion gold coin of Canada and is produced by the Royal Canadian Mint. The brainchild of Walter Ott, it is the purest gold coin of regular issue in the world, with a gold content of .9999 millesimal fineness (24 carats).
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The Canadian Silver Silver Maple Leaf is a series of silver bullion coins issued by Canada. It has a static design every year and mostly comes in 1 troy oz of silver. Variation for this coin includes proof (1989 only), privy marks, coloured maple leaf (has a different design than
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