In 1908, the United Kingdom's Royal Mint officially opened a new branch in Ottawa. This was largely sparked by Canada's increased need for coinage as it emerged as a nation distinct from the United Kingdom.
In 1931, the same year that Canada became almost entirely independent from Britain, the Ottawa Mint underwent a name change, becoming the Royal Canadian Mint. Many decades later in 1979, it introduced the Canadian Gold Maple Leaf coin.
This was, at the time, the sole alternative gold bullion coin to the Krugerrand. The availability was not widespread because apartheid-era South Africa was subject to an economic boycott. Since it was initially issued, the Gold Maple Leaf, has become highly popular among people investing in gold coins.
Nonetheless, the coin's gold purity has, over time, increased from 0.999 to 0.9999 fineness. Furthermore, new security features introduced in 2013 and 2015 bolstered each coin's authenticity. In the first instance, laser technology was used to add a micro-engraved textured maple leaf to a small part of the coin's reverse side. This mark's center includes the coin's year of issue, which can only be seen when magnified. Two years later, radial lines were added to the background on each of the Gold Maple Leaf coin's sides. Each coin is $50 Canadian in face value and consists of 1 troy ounce of gold.
Our fulfillment of your order for a Gold Maple Leaf from our selection here at the United States Gold Bureau depends on availability; furthermore, we do not guarantee what specific date will appear on the coin. However, any one ounce Gold Maple Leaf coin that you receive from us will have a gold fineness of at least 0.999.
â€¢ 1 troy ounce of 0.999 or 0.9999 pure gold
â€¢ Date Varies based on availability
â€¢ Obverse: Depicts the head of Canada's monarch, Queen Elizabeth II in profile
â€¢ Reverse: Portrays a maple leaf, a highly recognizable national symbol of Canada
â€¢ $50 CAD
â€¢ Eligible to place in a self-directed IRA Guaranteed by Canada's government
Why invest in this coin?
The Royal Canadian Mint makes all of the coins that circulate in Canada while also producing circulation coins for other nations. The facility's impressive reputation has been helped by its development of some of the most sophisticated capabilities in designing and minting coins. Though the Gold Maple Leaf is legal tender in Canada, the physical coin's value in gold can be immune to economic quivers to the extent that currency, such as the Canadian dollar, isn't.
Investing in Gold Maple Leaf coins can especially help to keep your personal wealth safe against unexpected economic downturns and strengthen your investment portfolio.