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Canadian Gold Maple Leaf

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File:Canadian Gold Maple Leaf coin II.jpg
Obverse of a Gold Canadian Maple Leaf bullion coin.
File:Canadian Gold Maple Leaf coin.jpg
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 carat)s. That is, it contains virtually no base metals at all – only gold exclusively from gold mines in Canada. Coins minted between 1979 and 1981 have gold content of .999.

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.

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 karat). 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 do not reflect 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.

All denominations are in troy ounces.

Gold Maple Leaf

Years Denominations Purity Obverse
1979–1981 1 oz 999 39-year-old Queen Elizabeth II
1982–1985 1 oz, 1/4 oz, 1/10 oz 9999
1986–1989 1 oz, 1/2 oz, 1/4 oz, 1/10 oz 9999
1990–1992 1 oz, 1/2 oz, 1/4 oz, 1/10 oz 9999 64-year-old Queen Elizabeth II
1993 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz 9999
1994 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/15 oz, 1/20 oz 9999
1995–2004 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz 9999
2005–present 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz 9999 79-year-old Queen Elizabeth II

Platinum Maple Leaf

Years Denominations Purity Obverse
1988–1989 1 oz, 1/2 oz, 1/4 oz, 1/10 oz 9995 39-year-old Queen
1990–1992 1 oz, 1/2 oz, 1/4 oz, 1/10 oz 9995 64-year-old Queen
1993 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz 9995
1994 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/15 oz, 1/20 oz 9995
1995–1999 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz 9995
2002 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz 9995

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

Silver Maple Leaf

Main article: Canadian Silver Maple Leaf
Years Denominations Purity Obverse
1988–1989 1 oz 9999 39-year-old Queen
1990–2004 1 oz 9999 64-year-old Queen
2005–present 1 oz 9999 79-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. Available in a one-ounce format, the Palladium coin presented an alternative to the Platinum Maple Leaf.

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.

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.

Bimetallic Maple Leaf

As a way of commemorating 25 years as an industry leader in bullion coins, the Royal Canadian Mint created a very 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. [1]

Coin Specifications

Year Theme Face Value Size Composition (Ring) Composition (Core) Weight Diameter
2004 25th Anniversary, Gold Maple Leaf $0.50 1/25 ounce .9999 silver .9999 gold 1.270 16.00
2004 25th Anniversary, Gold Maple Leaf $1.00 1/20 ounce .9999 silver .9999 gold 1.581 18.03
2004 25th Anniversary, Gold Maple Leaf $5.00 1/10 ounce .9999 silver .9999 gold 3.136 20.00
2004 25th Anniversary, Gold Maple Leaf $10.00 1/4 ounce .9999 silver .9999 gold 7.802 25.00
2004 25th Anniversary, Gold Maple Leaf $20.00 1/2 ounce .9999 silver .9999 gold 15.589 30.00
2004 25th Anniversary, Gold Maple Leaf $50.00 1 ounce .9999 silver .9999 gold 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

Coloured Gold Maple Leaf

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 [2]

Hologram Gold Maple Leaf

Year Theme Artist Mintage Issue Price Special Notes
1999 GML Hologram Set Walter Ott, RCM Engravers 500 $1995.00 First Coins for RCM to feature a hologram
2001 GML Hologram Set Walter Ott, RCM Engravers 600 $1995.00 N/A
2001 $10 GML Hologram Walter Ott, RCM Engravers 14,614 $195.00 1/4 ounce

Individual Releases

Year Theme Artist Mintage Issue Price Special Notes
1989 10th Anniversary Coin Walter Ott 6,817 Bullion Value Packaged in a wooden box
1997 125th Anniversary of the RCMP Ago Aarand 12,913 $310.00 US Funds Guaranteed value of $310 US until Jan 1, 2000
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

Privy Marked GML

Year Privy Mark Denomination Size Mintage Special Notes
1997 Family Five Dollars 1/10 oz. 100,730 Made for Dillon Gage
1998 Eagles Five Dollars 1/10 oz. 51,440 Made for Dillon Gage
2000 Expo Hanover Ten Dollars 1/4 oz. N/A N/A
2001 Basle Coin Fair Ten Dollars 1/4 oz. 750 N/A
2001 Viking N/A 1 oz., ½ oz., 1/4 oz., 1/10 oz., 1/20 oz. 850 Issued as a five coin set
2005 Liberation Ten Dollars 1/4 oz. 1,000 Made for Royal Dutch Mint

References

  1. ^ Charlton Standard Catalogue of Canadian Coins, 60th Edition, p.442
  2. ^ Charlton Standard Catalogue of Canadian Coins, 60th Edition, p.440

See also