There are few coins around the world that beat the Canadian Gold Maple Leaf when it comes to purity. Introduced in 1979, the Canadian Gold Maple Leaf coin has a purity value of 99.9999%, sometimes extending to 99.99999% for limited special editions (Yes, five nines behind the decimal point), meaning the serrate-edged coins are pure gold.
Since its inception in 1979, the Canadian Gold Maple Leaf coin has undergone minimal design concept alterations. On the obverse of the coins is an engraving of Queen Elizabeth II, and the reverse is engraved with a Canadian maple leaf.The Canadian Gold Maple Leaf coins are produced in six weight denominations, including 1oz, 1gram, 1/20oz, 1/10oz, 1/4oz, and 1/2oz. As expected, the face values of these coins are lesser than their intrinsic values.
The Canadian Gold Maple Leaf Coins are not only accepted as legal tender in Canada but are also celebrated. This is evident in the production of variations of the coins to mark important occasions and events by the Royal Canadian Mint. These celebratory coin variations have included the Hologram Gold Maple Leaf Coins, Olympic Gold Maple Leaf Coins, and the Colored Maple Leaf Coins. However, these coins were only produced in limited quantities.
Some buyers report that they don’t do well after consistent use and sometimes come with print marks at production. These flaws can be attributed to the fact that the coins are pure gold without any strengthening alloys.
The main change to the coin over the years has been the updated effigy of Queen Elizabeth II. The original Canadian Gold Maple Leaf’s obverse contained a side portrait of Queen Elizabeth II wearing a crown when she was 39 years old. “Elizabeth II” and “D.G. Regina” were engraved around her head. D.G. Regina was shortened from “Dei Gratia Regina,” Latin for “By the Grace of God, Queen.”
The Canadian Gold Maple Leaf coins available from 1990-2004 showcased an updated effigy of Queen Elizabeth II. This portrait showed her at the age of 64 and wearing the royal diadem instead of a crown.
In 2005, the Canadian Gold Maple Leaf underwent its most recent bust update to personify Queen Elizabeth II at 79. Today’s coins are engraved with “Elizabeth II,” the coin’s face value, and the year issued.
The design on the reverse side of the coin has never undergone design concept changes since its inception in 1979. The sugar maple leaf has represented Canada since the mid-18th century as it symbolizes the nation and its people. The original design of the reverse’s maple leaf was created by Walter Ott and is surrounded by “Canada,” “9999,” “Fine Gold,” “Or Pur,” and the coin’s respective weight engravings.
The coin has been subjected to improved security measures twice. In 2013, a laser-microscopic maple leaf engraving was added to the larger maple leaf design. Every year this lasered engraving has an updated numeral in the center to signify the issued year. It is only visible under magnification.
The second improvement was in 2015 when radial lines were added to both sides of the coin, making it harder for counterfeits to be produced.
The Canadian Gold Maple Leaf coin is produced in six sizes, 1 oz, ½ oz, ¼ oz, 1/10 oz, 1/20 oz, and 1 gram, each with its own diameter and face value specifications. Because the Canadian Gold Maple is 99.9999% pure gold, the name value of the coin, for example, the ¼ oz Canadian Gold Maple Leaf coin, represents how much the coin weighs in troy ounces. It’s important to note that these face values are in Canadian dollars (CAD).
In 1994, the Royal Canadian Mint issued a 1/15 oz coin to celebrate the 15th anniversary of the Canadian Gold Maple Leaf coin. The coin was only available that year and is the only weight to be removed from the series after its introduction.
Thinking of investing in Canadian Gold Maple Leaf coins but still have questions? Here are some of the most common questions we hear about these gold coins from our customers. If you can’t find an answer to your question below, don’t hesitate to give us a call. Our team is standing by to answer any questions you have.
Currently, the most popular size of the Canadian Gold Maple Leaf coin, the 1 oz coin, has an asking price of around $1,775. On the other hand, the resale value of the 1-gram coin is approximately $84.
U.S. Banks are wary when it comes to buying and selling gold. Once the US switched to fiat currency, banks began to remove their gold buying and selling services.
Not only did banks stop buying gold after the shift to fiat currency, but the rapidly changing value of gold and influx of counterfeit coins led to most banks discontinuing exchanging gold coins for cash.
However, there are many reliable and certified gold buyers who will buy them based on their market value, so selling a Canadian Gold Maple Leaf coin should not be a problem.
Because it’s the purest gold bullion coin in existence, the Canadian Gold Maple Leaf coin is an ideal investment to increase your portfolio’s value. These coins can also be added to a precious metals IRA to grow long-term, making them a good investment to diversify your retirement portfolio.
A Canadian Gold Maple Leaf’s purity also puts its value higher than the spot price of gold, increasing in value at a higher rate than other coins and allowing you to enjoy a greater return on investment later on.
These coins are easy to store, carry, and can be used as legal tender, making them a valuable addition to investment portfolios.
You can purchase Canadian Gold Maple Leaf coins as well as a wide variety of other gold and silver coins right here on Noble Gold Investments. We have a great selection of gold, silver, palladium, platinum, and rare coins, so we are sure to have something for every precious metals investor.
On Noble Gold Investments, you can buy gold coins to store at home, or you can buy gold coins in an IRA to receive tax advantages. Click here to create your account and start buying Canadian Gold Maple Leaf coins, or contact our team today to learn more about these great gold coins.
© Noble Gold 2024. All rights reserved.
