This month’s highlight in our Bullion Series is the 1 oz. Canadian Gold Maple Leaf Coin—yet another of the world’s most popular and renowned bullion investments that has given many investors and collectors the opportunity to purchase a beautiful coin with a very high purity. This is one of TRADEway’s favorite bullion coins, and I’m excited to share a brief history of this coin with you!
Having an unrivaled .9999 millesimal fineness (24 carats), in some cases .99999, the coin is among the purest official bullion coins worldwide. The standard version has a weight of minimum 1 troy ounce. Other sizes and denominations include 1 gram, 1⁄25 oz. ($0.50), 1⁄20 oz. ($1), 1⁄10 oz. ($5), 1⁄4 oz. ($10), and 1⁄2 oz. ($20). The coin was introduced in 1979. At the time, the only other bullion coin was the South African Krugerrand, which was not widely available because of the economic boycott of apartheid-era South Africa. Coins minted between 1979 and 1982 have a gold content of .999, but it would later increase to a purity of .9999, as mentioned above.
The Gold Maple Leaf was originally thought of by a man named Walter Ott as an alternative gold bullion coin to the South African Krugerrand. His vision was to quickly mint the world’s purest, and most popular gold coin, as well as Canada’s golden pride.
The coin carries a face value of CA$50, and under the Canadian Currency Act of 1985, it is legal tender backed by the government of Canada, similar to the U.S. Eagle series. Every single Gold Maple Leaf bullion coin is produced exclusively out of gold that originated in Canadian mines, and the purity, weight and content of each coin is concurrently guaranteed by both the RCM and the Canadian government. With the successful passage of the Royal Canadian Mint Act of 1985, Gold Maple Leafs were officially recognized as “non-circulating bullion coins.” With this kind of strength, you have an investment option that appeals to both collectors and investors, as well as an alternate currency option that’s recognizable around the world.
Aside from producing the world’s purist coin, and maintaining its global popularity throughout the decades, the Royal Canadian Mint has also revolutionized the bullion coin authentication and counterfeit defense system, raising the bar throughout the entire industry and providing the most state-of-the-art protection for any investor purchasing Gold Maple Leafs.
Every Gold Maple Leaf bullion coin issued in 2018 and beyond will be enhanced with the Royal Canadian Mint’s three state-of-the-art security advancements: a micro-engraved maple leaf authenticity mark, a light-diffracting radial pattern, and Bullion DNA Anti-Counterfeiting Technology. Award-winning security technology, in the form of a minuscule mark that resides in the negative space located on the lower right corner of the coin’s reverse, protects the authenticity of the newly released 2018 Gold Maple Leaf bullion coin. Micro-engraved onto the coin with a laser, the mark consists of the year-of-issue numeral, “18,” only visible under magnification, enclosed within an intricately textured maple leaf. The specificity and size of the mark allow it to function as a point of inspection used when validating a Gold Maple Leaf bullion coin as genuine.
With this kind of protection, you can guarantee that you won’t have issues re-selling these coins if the time ever came. Security advancements such as this will protect people from all around the world from counterfeiters trying to profit from the popularity of the world’s most recognizable coins. Today, TRADEway offers these 1 oz. Canadian Gold Maple Leaf Coins, and it’s one of our favorite bullion investments.