|Weight (Au, Ag, Pt):||1 ozt|
|Minted by:||Canadian Mint|
|Face Value:||CAD $50|
|Coins Per Tube:||10|
The Canadian Gold Maple Leaf Coin is the official gold bullion coin of Canada, and was first released by the Royal Canadian Mint in 1979. Following the South African Gold Krugerrand, this coin was the second internationally recognized gold bullion coin. The gold used to produce these coins comes exclusively from Canadian mines, and makes for the purest gold bullion coin in the world. The Canadian Gold Maple is .9999 pure, which is equivalent to 24 karats, containing absolutely no base metals. The Canadian Government guarantees its purity, weight, and content. Even though the Royal Canadian Mint was the first mint to produce a 24-karat gold bullion coin, there was a time, in between 1979 and 1982, in which the coins were .999 in purity. The Royal Canadian Mint Act of 1985 distinguished Canadian Gold Maples as “non-circulating bullion coins” and under the Canadian Currency Act of 1985 the Canadian Gold Maple was established as legal tender with a face value of 50 Canadian Dollars, backed by the Canadian Government.
The obverse (front) of the coin features Queen Elizabeth II, designed by British artist, sculptor, and coin and stamp designer, Arnold Machin. His work on this piece was used on all British coins until 1984, New Zealand coins until 1985, and Australian coins until 1986. Queen Elizabeth faces the right side of the coin with “Elizabeth II” inscribed above her and “50 Dollars”, and the year that the coin was minted, below.
The reverse (back) of the coin features the iconic Canadian maple leaf, the national symbol of Canada. The country’s name displays itself boldly at the top of the coin, and the coin’s purity level in English and French can be seen at the bottom of the coin. Four nines are placed both to the left, and to the right of the leaf. The design of the coin has seen little variations through the years of circulation, with the exception of the small maple leaf privy mark that can be seen toward the bottom of the coin in 2013. As an anti-counterfeiting measure, this mark is laser micro-inscribed with the last two digits of the coin’s minted year.
Derived from the same award-winning security technology applied to Canada’s $1 and $2 circulation coins, the GML Security Feature consists of a textured maple leaf, micro engraved with laser technology on a small area of the reverse side (Maple Leaf side) of the coin. In the center of this mark, visible under magnification, is the numeral signifying the coin’s year of issue.
The 1 oz. Canadian Gold Maple is 30 mm in diameter and 2.79 mm thick.