Canadian Maple Leaf coins are official bullion coins issued by the Royal Canadian Mint. They are world known for their pluralistic presence, as they are struck on gold, silver, platinum and palladium.Maple leafs are true pioneers in bullion coinage and this adds to their numismatic value.
Gold Canadian Maple leafs
The Gold Maple Leaf is the official bullion gold coin of Canada.It was introduced in 1979, being the second 1 oz. cold coin available to investors, and the first that was widely acknowledged (especially in the United States), since the first 1 oz. gold bullion coin ever minted (the South African Krugerrand) was not broadly accepted because of the economic boycott imposed on apartheid-era South Africa.
Coins minted between 1979 and 1982 have a gold content of .999. Soon gold Canadian Maple leafs became the purest gold regular-issue coins produced with a gold content of .9999 millesimal fineness (24 carats), some special issues struck on .99999 fine metal, containing virtually no base metals at all, only gold from Canadian mines. Initially the Royal Canadian Mint was criticised for its choice as coins were found to be too soft and sensitive.
The coin is offered in 1⁄20 ounce (14.15mm X .79mm), 1⁄10 (16.05mm X 1.14mm), 1⁄4 (19.75mm X 1.70mm), 1⁄2 (25.12mm X 2.24mm), and 1 oz.(30.00mm X 2.79mm) denominations, with a face values of $5, $10, $20 and $50 respectively. All coins are identical in design with the impeccable maple leaf motif on the reverse side, and 3 alternate portraits of 39, 64, and 79-year-old Queen Elizabeth II on the obverse.
Only in 1994 1⁄15 ounce ($2 face value) gold and platinum coins were issued, possibly for use in jewellery. They were not very popular.
By 2012, more than 35 billion pennies were produced. The 1⁄25 oz. Farewell-to the -Penny gold Maple Leaf, with a face value of $1 celebrates the penny’s 75th anniversary of the Maple Leaves design.
Silver Canadian Maple Leafs
Issued annually by the government of Canada since 1988, the Canadian Silver Maple Leaf is one of the most popular silver bullion coins in the market. The Royal Canadian Mint has been responsible for minting it with a purity of 99.99% silver, the highest among other bullion issues, which have a 99.9% standard. The face value of the 1 troy ounce coins is 5 Canadian dollars.The silver Maple Leaf is identical in design with the gold version and contains 1 troy ounce of silver; the one universal element in all silver Maple Leaf coins is the phrase “Fine Silver 1 oz. Argent Pur” along the bottom of the reverse of the coin.
Several notable issues have been released, and some annual variations will bear alternate designs, privy marks, colour enhancement, or holographic enhancements. There was only one proof release in 1989.
From 1988 to 2002, and from 2009 onwards, 1 oz, 1⁄2 oz, 1⁄4 oz, 1⁄10 ounce .9995 purity platinum Maple Leafs have been released by the Royal Canadian Mint, while from 2005 to 2007, and after 2009, 1 oz, .9995 purity palladium Maple Leafs have been presented.
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