Canadian Gold Coins

The Canadian Maple or Maple leaf is Canada’s version of the 24ct gold coin. It is one of the purest versions of the 24ct gold coin in the world with a fineness of 0.9999. It was first issued in 1979 when the only other alternative was the Krugerrand these were only 0.999 fineness however in 1982 it was increased to 0.9999 at which it remains. They were first only available in the 1 ounce size, however in 1980 fractional sizes started to be produced and now you can buy these gold coins in 1/20, 1/10, ¼, ½ and 1 ounce sizes.

As with other gold coins they do have a face value on the coin but this if far lower than the actual cost and selling price of the coin. As an example the 1 ounce coin has a value of Canadian $50, but in fact is worth over $1200 American at the current Gold price.

The Canadian Maple design has on one side the Maple Leaf which is the national emblem of Canada the weight of the coin and the fineness ie 9999 and on the other side it has the queens head ie Elizabeth II, the value of the coin ie 50 dollars and the date.

In 2007 the Canadian mint unveiled a Gold maple leaf coin with a face value of $1 million this had a weight of 100kg, 50cm in diameter and 3 cm thick at the time had a gold value of over $2 million and was a promotional piece only. However the mint had several interested buyers come forward wishing to purchase the coin and so it announced that it would produce the coins if they were ordered and sell them between $2.5 million and $3 million making them very valuable, at this time there are only 5 confirmed orders making them very rare gold coins.

In certain years they have produced special gold maples such as Hologramed versions and in 1999 a coloured version to celebrate its 20th anniversary. In 2001 they also produced a maple with a Viking privy mark on them making them rare coins and so increase the value of the maples with the Viking privy making under the maple leaf. The finish quality of the maple is rather disappointing compared to other gold coins with striation marks from either the blanks or dies or both have been polished prior to striking; however it would still make a great addition to any gold coin collection.

Canada also produces other commemorative gold coins as well as $50 Mounties, $100, $200, $350 and .9999 Flowers coins, which all have a fineness of .9999. The $50 Mounties coin has a weight of 1 ounce on one side has the queens head and on the other has a Mountie riding holding a pennant, it was only produced in 1997, it is also an unusual gold coin as its decagonal(10 sided). The $100 proofs vary in weight and fineness but each year have a different theme on one side for example 1988 had a bowhead whale and calf on it.

In 1990 the Canadian mint started to issue commemorative $200 dollar proof gold coins thes are in 22ct gold and contain slightly over half a troy ounce of fine gold and again each year has a different theme on the reverse. In 1998 the mint started to produce a $350 proof flower coins of 99.9999 fineness making it the worlds purest gold coin it weights 1.2233 troy grams and again each year has a flower theme on the reverse such as the dogwood flower on the 2000 edition.

Filed Under Gold Coins | Leave a Comment

Tagged With canadian gold coins, canadian maple gold coin, Gold Coins, gold maple, rare gold coins

Comments

Leave a Reply

Sell Gold | Canadian Gold Coins