Minted by the Royal Canadian Mint, the Gold Maple Leaf coin is considered one of the purest bullion coins out there. For this and other reasons, the coins are highly valued by both collectors and investors alike. Continue reading to learn more about this coin’s history and why it is so valuable.
DESIGN
On the front side of the Canadian Maple Leaf coin, you will find a portrait of Queen Elizabeth II, Great Britain’s current queen. Below her portrait, the year of the coin’s issue is printed.
Designer: Walter Ott
The back side of this coin shows a large maple leaf, Canada’s national symbol, and the object that gives this coin its name.
Designer: Walter Ott
HISTORY
The Canadian Gold Maple Leaf coin was first released back in 1979. Pure gold coins were in short supply at the time, and Canada decided to produce its own. Each Canadian Gold Maple Leaf coin is minted with gold that was mined within the country of Canada. These coins are also legal tender, meaning they can be used to buy goods in Canada – though they rarely are used this way.
The relationship between Canada and the United Kingdom (England) is very close and positive. Both countries recognize Her Majesty Queen Elizabeth II as their sovereign ruler and have one of the oldest parliamentary democracies in the world.
FACTS
Canada
Royal Canadian Mint
Metal
0.9999 pure gold (24 karat)
Weight
31.1030 grams
Diameter
30 millimeters
Thickness
2.80 millimeters
Date Issued
Released every year since 1979
Face Value
$50 (Canadian)