The Gold Maple Leaf, which is Canada’s approved gold bullion coin, is manufactured by the Royal Canadian Mint (RCM). With .9999 gold content, this bullion gold coin is considered to be one of Earth’s purest gold coins. It consists nearly no base metals at all. Its gold content comes exclusively from various gold mines in Canada.
Gold Maple Leafs were introduced in 1979. During that year, Krugerrand was the only available bullion coin, which was unavailable for US investors due to an economic embargo of apartheid-era South Africa. The gold content of coins that were minted between the year 1979 and 1981 is .999 millesimal fineness. The Gold Maple Leaf has legal tender prominence in Canada. Its face values are purely figurative, and are much inferior than their market value due to gold content.
A few traders have complained about the Gold Maple Leaf production quality. The suppleness of 24 karat gold, combined with the Gold Maple Leaf’s milled edge and tube storage means that the gold coins easily show handling marks. This is commonly an issue with any pure gold, and is why you don't commonly see 24K gold jewelry. The bullion was essentially not designed to be handled- but instead set aside as an investment. The purity of the gold is in fact, one of the main selling points of the gold maple leaf.
The purity of the Maple was increased to .9999 in 1982, setting a new norm for gold bullion coins. Royal Canadian Mint’s tradition of leadership in the sector has been maintained by raising the Gold Maple Leaf bullion to .99999. This purity of Gold Maple bullion is set aside for absolute special editions manufactured to boast the engineering excellence of the mint in coin minting. These 99.999 percent pure Gold Maple Leaf persist to establish new standards in the history of minting.
Gold Maple Leaf bullion coins are not as durable as the American Eagles or the Krugerrands of South Africa due to the purity, however. Continuing innovation, the first colored coins that the Crown corporation has ever made was launched in 1999 in celebration of the Gold Maple Leaf’s 20th anniversary. The first Gold Maple Leaf Hologram Set designed by Walter Ott was also released during the same year. In 2007, Canada’s RCM has divulged a Maple Leaf gold coin that has a one million dollar face value, in spite the fact that its gold content was valued over two million dollars at that time. The 1000-gram coin was regarded as one-off centerpiece to endorse the mint’s latest line of the Gold Maple Leaf.
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What interests me usually is the value of Gold Maple Leaf. The Canadian Maple Leaves are the ultimate Canadian collectible coins. The values of these coins are planned to increase due to the rising prices of precious metals and their low mintages. Get yours while you can before they go up in price.