Canadian Gold Maple Leaf

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Gold Maple Leaf
Canada
Value 50.00 CAD (face value)
Mass 31.10 g
Edge Serrated
Years of minting 1979 – present
Obverse
Canadian Gold Maple Leaf coin 1 oz obverse.png
Design Elizabeth II
Reverse
Canadian Gold Maple Leaf coin 1 oz reverse.png
Design Maple Leaf
Design date 1979 (2015)

The Canadian Gold Maple Leaf is a gold bullion coin that is issued annually by the Government of the Dominion of Canada. It is produced by the Royal Canadian Mint.

The Gold Maple Leaf is legal tender. The face value is 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold. Having a .9999 millesimal fineness (24 carats), in some cases .99999, the coin is among the purest official bullion coins worldwide. The standard version has a weight of 1 troy ounce (31.10 grammes). Other sizes and denominations include 1 gram, 125 oz. ($0.50), 120 oz. ($1), 110 oz. ($5), 14 oz. ($10), and 12 oz. ($20).

The Gold Maple Leaf's obverse and reverse display, respectively, the profile of Elizabeth II and the Canadian Maple Leaf. In 2015, new security features were introduced: radial lines and a micro-engraved laser mark.

On 3 May 2007, the Royal Canadian Mint unveiled a Gold Maple Leaf coin with a nominal face value of $1 million and a metal value of over $2 million.[1] It measures 50 cm in diameter by 3 cm thick and has a mass of 100 kg, with a purity of 99.999%. The artist is Stanley Witten.

Information[edit]

The coin was introduced in 1979.[2][3] At the time the only bullion coin was the Krugerrand, which was not widely available because of the economic boycott of apartheid-era South Africa. Coins minted between 1979 and 1982 have a gold content of .999.

Gold Maple Leaf[edit]

Years Denominations Purity Obverse
1979–1982 1 oz. .999 39-year-old Queen
November 1982 – 1985 1 oz., 14 oz., 110 oz. .9999
1986–1989 1 oz., 12 oz., 14 oz., 110 oz. .9999
1990–1992 1 oz., 12 oz., 14 oz., 110 oz. .9999 64-year-old Queen
1993 1 oz., 12 oz., 14 oz., 110 oz., 120 oz. .9999
1994 1 oz., 12 oz., 14 oz., 110 oz., 115 oz., 120 oz. .9999
1995–2004 1 oz., 12 oz., 14 oz., 110 oz., 120 oz. .9999
2005–2013 1 oz., 12 oz., 14 oz., 110 oz., 120 oz. .9999 79-year-old Queen
2014–present 1 oz., 12 oz., 14 oz., 110 oz., 120 oz., 1 gram. .9999

For .99999 ("Five Nines") Pure Gold Maple Leafs, see Special issues below.

The .9999 1982 Gold Maple Leafs began minting in November.[citation needed] Thus, most of the 1982 Gold Maple Leafs are .999 fine.

Production problems[edit]

Some dealers have complained about the production quality of the Gold Maples.[4][5][6] The softness of 24 karat gold combined with the Gold Maples' milled edge, clear field around the Queen and the tube storage supplied, means that the coins easily show handling marks. This is a standard problem with pure gold.

Bimetallic Maple Leaf[edit]

As a way of commemorating 25 years as an industry leader in bullion coins, the Royal Canadian Mint created a unique six-coin set.[citation needed] 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 to include the 125 oz Maple Leaf denomination. Each coin included a double-date of 1979–2004, and the 1 oz 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.[7]

Coin Specifications
Year Theme Face Value Size Composition Weight Diameter
Ring Core
2004 25th Anniversary, Gold Maple Leaf
$0.50 125 oz .9999 silver .9999 gold 1.270 16.00
$1.00 120 oz 1.581 18.03
$5.00 110 oz 3.136 20.00
$10.00 14 oz 7.802 25.00
$20.00 12 oz 15.589 30.00
$50.00 1 oz 31.650 36.07

Other Details

Year Theme Artist Mintage Issue Price Finish
2004 25th Anniversary, Gold Maple Leaf RCM Engravers 801 $2,495.95 Bullion

Special issues[edit]

99.999% Gold Maple Leaf[edit]

The gold Maple Leaf coin was .999 pure until 1982, when its purity was raised to .9999. Some coins are issued at a purity of .99999; this standard does not replace the Mint's .9999 Gold Maple Leaf coins, but is instead reserved for special editions.

Year Theme Artist Mintage Issue Price Special Notes Image
2007 Two Hundred Dollar Coin Stanley Witten 30,848 N/A 1 troy ounce coin; .99999 oz pure gold
2007 One Million Dollar Coin Stanley Witten 5 (As of May 3, 2007) N/A The coin has a mass of 100 kg (which is 3215 troy ounces) 100kgCanadianGoldOnPedestal.png
2008 Two Hundred Dollar Coin 1,700 $1,394.64 Special Limited Edition First Strike
2008 Two Hundred Dollar Coin 27,476 N/A 1 troy ounce coin; .99999 oz pure gold
2009 Two Hundred Dollar Coin Stanley Witten 13,765 N/A 1 troy ounce coin; .99999 oz pure gold
2011 Two Hundred Dollar Coin 8,408 N/A Canadian Mountie Maple Leaf; 1 troy ounce coin; .99999 fine gold 1 oz or pur
2012 Two Hundred Dollar Coin N/A N/A 1 troy ounce coin; .99999 fine gold 1 oz or pur, the picture of the maple leaf on the reverse is the same as on the coin from 2007, but moved right 90 degrees - as on the 100 kg coin

Coloured Gold Maple Leaf[edit]

Year Theme Artist Mintage Issue Price Special Notes
1999 20th Anniversary of the GML Walter Ott, RCM Engravers 13,025 N/A These are the first coloured coins that the Royal Canadian Mint has ever produced [8]

Hologram Gold Maple Leaf[edit]

Year Theme Artist Mintage Issue Price Special Notes
1999 GML Hologram Set Walter Ott, RCM Engravers 500 $1,995.00 First Coins for RCM to feature a hologram
2001 GML Hologram Set Walter Ott, RCM Engravers 600 $1,995.00 N/A
2001 $10 GML Hologram Walter Ott, RCM Engravers 14,614 $195.00 14-oz

Olympic Maple Leaf[edit]

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 winter Olympic and Paralympic Games.[9] The issue will consist of two coins – one Gold Maple Leaf coin and a Canadian Silver Maple Leaf coin; both coins 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 and numismatics.[9]

Individual releases[edit]

Year Theme Artist Mintage Issue Price Special Notes
1989 10th Anniversary Coin Walter Ott 6,817 Bullion Value The only proof version, packaged in a wooden box separately or together with 1/2, 1/4 and 1/10 oz coins
1997 125th Anniversary of the RCMP Ago Aarand 12,913 US$310.00 Guaranteed value of US$310 until January 1, 2000
1999 20th Anniversary Coin N/A Bullion Value privy mark "20 years ans" on the reverse
2004 25th Anniversary of Gold Maple Leaf Walter Ott 10,000 Bullion Value Introduced at ANA World’s Fair of Money in Pittsburgh
2007 Gold Maple Leaf Test Bullion Coin 99.999% Pure Stan Witten 500 $1,899.95 Available to collectors who enter draw-to-buy
2014 Bullion Replica N/A N/A Specimen version of Maple Leaf in a standard red box

Privy-marked GML[edit]

Year Privy Mark Denomination Size Mintage Special Notes
1997 Family Five Dollars 110 oz 100,730 Made for Dillon Gage
1998 Eagles Five Dollars 110-oz 51,440 Made for Dillon Gage
2000 Expo Hanover Ten Dollars 14-oz 1,000 N/A
2001 Basle Coin Fair Ten Dollars 14-oz 750 N/A
2001 Viking N/A 1 oz, 12-oz, 14-oz, 110-oz, 120-oz 850 Issued as a five coin set
2005 Liberation Ten Dollars 14 oz 1,000 Made for Royal Dutch Mint

Definition of finishes[edit]

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

See also[edit]

References[edit]

External links[edit]