1 oz Gold Maple Leaf (mixed years)
1 oz Gold Maple Leaf (mixed years)
There are few coins that can match the 50 Dollar Maple Leaf gold coin for precision engineering, design quality and overall value for money. The ground-breaking bullion is the Royal Canadian's (RCM) flagship product and is manufactured from gold straight from Canadian mines.
Recognised as legal tender in Canada, the $50CAD is the highest denomination of the Maple Leaf family although with the current gold spot prices is worth much more than its face value.
Since it was first presented by the Royal Canadian Mint, the Maple Leaf gold coin has featured the most recognizable symbol. The intricate design created by artist Walter Ott is an iconic representation of the Canadian flag and appears on the reverse of the coins. On either side of the Maple Leaf symbol, you will find the gold content. For the first three years, the fineness was .995 but this was improved three later to .999.
From 1988, gold Maple Leaf coins have a fineness of .9999. Some special issue coins have a .99999 purity, the highest fineness of gold available in a bullion gold. The other features on the reverse side indicate the country of origin as CANADA as confirmation the coin weighs 1oz. of FINE GOLD.
On the obverse features the familiar effigy of Queen Elizabeth II in various stages of her life depending on the year of the coin. Coins minted between 1979 and 1988 feature a profile of the queen aged 39-years old, 1990 to 2002 she is aged 64 and the later coins feature the effigy created by Susan Blunt when Her Majesty was 79 years old.
Originally produced in 1979, the Maple Leaf was minted to rival the Kruggerand and fulfill the global demand for gold bullion coins. Only the second internationally recognized bullion coin available to private investors, the Maple Leaf was an instant success – namely because it boasted a gold content of 99.50% against the Krugerrands 91.67%.
The upgrade in gold content saw the Maple Leaf quickly become the most popular gold bullion coin on the market and set new standards for gold production that few refineries could match. In its first year of production, the Maple Leaf more than doubled the price of gold and was selling out rapidly all over the world.
1982 marked another landmark for the RCM and the Maple Leaf by improving their own standards to produce gold bullion coins with a 99.9% gold content. And the RCM did not stop there. In 1988, their innovation enabled them to produce gold bullion coins with a 99.99% purity and is still used as the standard today.
In 2007, the RCM broke ground again with the production of gold coins with a .99999 fineness, but these are only issued for special edition coins.
The Royal Canadian Mint’s Gold Maple Leaf (GML) coins are among the world’s most popular pure gold coins, having sold more than 25 million troy ounces since their introduction in 1979. The GML was also the first bullion coin to achieve the heightened standard of 9999 fine.
All 1-ounce 99.99% pure GML Bullion coins produced for 2015 and beyond will have two unique features for enhanced security.
New in 2015, replacing the bullion finish on earlier coins, the radial lines in the new 2015 GML’s field have been precisely machined to within microns on the master tooling to ensure reproducibility from die to die and coin to coin. The uniqueness of the line width and pitch gives this coin a characteristic look and creates a light diffracting pattern that is specific to this coin.
In 2013, the Mint introduced a new and unique Security Feature to confirm the authenticity of its GML coins consist of a textured maple leaf, micro-engraved with laser technology on a small area of the reverse side (Maple Leaf side) of the coin. In the center of this mark, visible under magnification is the numeral “15”, denoting the coin’s year of issue.
- Product ID:9
- Year: Random
- Grade: Brilliant Unc
- Grade Service: None
- Mint Mark: Not Shown - RCM
- Metal Content:1 troy oz
- Thickness:2.8 mm
- Diameter:30 mm
- Inner Pack:1
- Outer Pack:1