The Canadian Maple Leaf gold coins were designed by Arnold Machin and first minted in 1979. When it was introduced the only competing 1 oz bullion gold coin was the South African Krugerrand which has a purity of .9167 (22 karat). The Krugerrand was not easily available at the time because of the economic sanctions imposed during the apartheid in South Africa. For the first 4 years of production, until November 1982 the 1 oz Canadian Maple Leaf gold coins only had a purity of .999 fine 24 karat gold.
The Royal Canadian Mint decided that from the end of 1982 onwards they would increase the pure gold content of the Maple Leaf gold coin to .9999 fine making it one of the purest gold bullion coins in the world. This has made the Maple Leaf gold bullion coin very interesting for collectors and because it can be included in an Individual Retirement Account Gold IRA it is an extremely popular choice for precious metals investors. The Maple Leaf bullion coin is one of the world’s best selling gold coins and the value is always ahead of the gold price per ounce (spot gold price). The Canadian maple leaf gold coin price has become something gold investors can rely on to help diversify their portfolio.
The Design Of The Canadian Maple Leaf. The obverse (face side) has a profile of the Queen of England with the words “Elizabeth II” above and “50 Dollars” below with the year of issue. The reverse side has a very detailed relief of the Canadian Maple Leaf with the word “Canada” above and “Fine Gold 1 oz Or Pur” below. The purity .9999 is proudly displayed both to the left and right of the Maple Leaf. The coin also has a milled edge which is very unusual for a gold coin with such a high purity level. These coins should be handled very carefully because there are virtually no alloys included in the gold so they are not as durable as a less pure gold coin.
The Silver Canadian Maple Leaf bullion coins were introduced in 1988 by popular demand. The 1 oz bullion coin is also .9999 purity which is the highest grade of silver content of any silver bullion coin world-wide. For the first two years of production the profile on the obverse was the young (39 year old) Queen Elizabeth II. This changed in 1990 to the 64 year old image of the Queen until 2004 and since then it has been produced with a more recent likeness of the 79 year old Monarch.
The face side of the coin also has the inscription “Elizabeth II” at the top and the words “5 Dollars” at the bottom along with the year of production. The reverse side of the Canadian Silver Maple Leaf also has an extremely detailed relief of the Canadian National symbol with the word “Canada” above and “Fine Silver 1 oz Argent Pur” below. The purity of four nines is proudly displayed on both sides of the leaf. These Maple Leaf Canadian silver coins have a very high level of sales and can also be included in an Individual Retirement Account Gold IRA.
The Platinum Canadian Maple Leaf bullion 1 oz coin was first minted in 1988 and continued every year until 1999 when the production stopped due to the large increase in the price of platinum. Two further years were produced in 2002 and 2009 only. They have a face value of $50 and a purity of .9995 platinum.
These coins follow the same design as the gold and silver versions with an image of Queen Elizabeth II on the obverse showing a $50 face value and the year of production. The reverse side of the Platinum Maple Leaf also has the Canadian Maple Leaf with the word “Canada” above and “Fine Platinum 1 oz Platine Pur” below. The purity of .9995 is displayed on both left and right sides of the Maple leaf. The Platinum Maple Leaf can also be included in an Individual Retirement Account Gold IRA.
The Canadian Maple Leaf Palladium bullion coin was only ever minted in the years 2005, 2007 and 2009. They are a 1 oz bullion coin with a purity of .9995 palladium. These coins have a nominal face value of $50 but when they were first sold the price was $1,299. The obverse design shows a profile of Queen Elizabeth II at 79 years old along with “50 Dollars” and the year of minting. On the reverse is the familiar Maple leaf with the word “Canada” above and “Fine Palladium 1oz Palladium Pur” below with two inscriptions of the purity .9995. The Palladium Maple Leaf is one of the only palladium bullion coins which can be included in an Individual Retirement Account Gold IRA.