Tavex is pleased to present the Canadian Gold Maple Leaf coin, the world’s first legal tender bullion coin to exclusively contain 99.99% pure gold. Introduced in 1979, the Gold Maple Leaf coin is a hallmark of the Royal Canadian Mint’s manufacturing excellence. With a mintage of more than 37 million pieces since its first year of issue, the Gold Maple Leaf has established itself as the world’s most popular 24 karat bullion coin. Embellished with Canada’s national symbol, the maple leaf, this gold bullion coin is impeccable in its purity, indicated by the four nines that elegantly style the lustrous surface of the coin. The Canadian Gold Maple Leaf coin is accepted and exchanged worldwide, and, most importantly, it is available at a low premium over the prevailing price of gold. Consequently, any investor who is keen on adding physical gold to his portfolio should seriously consider this beautiful Canadian coin.
The price of Canadian Gold Maple Leafs is determined by their 24 karat gold content
The introduction of the 24 karat Gold Maple Leaf coin in 1979 by the Royal Canadian Mint marked a major change in the investment gold production industry. Until 1979, all popular gold coins were made with alloys containing other metals. The reason gold coins have been minted for centuries in this manner is because pure gold is exceptionally soft, thus coins made out of pure gold would be unfit for circulation since they would be prone to dents and scratches. The idea behind introducing the Gold Maple Leaf coin was the belief that investors would in the future rather hoard physical gold as a form of long-term savings than use it for settling commercial transactions, thus the need for handling would become unnecessary. To some extent this assumption has proven to be correct since in recent years the global sales of legal tender 24 karat gold coins have outpaced the sales of similar gold coins of 22 karats. Although the Gold Maple Leaf was the world’s first gold coin to be exclusively made of pure gold, the coin originally contained a purity of only .999. By witnessing the success of the coin, the Royal Canadian Mint decided to make another world first by improving the coin’s purity to a gold fineness of four nines. After 1982, all minted Gold Maple Leaf coins have reached a purity of .9999.
Established in 1908, the Royal Canadian Mint has in the past couple of decades been one of the market leaders in applying new technologies in the production of gold and silver bullion coins. Not only did it create the first legal tender silver and gold bullion coins that contained a purity of four nines, they went one step further in 1998 with the introduction of a special edition gold bullion coin that contained 1.02233 troy ounces of 99.999% (five nines) pure gold. The mint’s quest in perfecting high purity gold coins did not stop at the one-ounce weight mark. In fact, it reached new heights in 2007 by unveiling a Gold Maple Leaf coin that weighed 100 kilograms, had a gold purity of .99999, and came with a face value of one million Canadian dollars.
In 2014 the Royal Canadian Mint set a new standard in coin security with the introduction of its latest innovation called “Bullion DNA Anti-Counterfeiting Technology” which includes a process where a unique microscopic security mark is minted onto every coin. The centre of the security mark contains the number “14” (for the year 2014) and is only visible under strong magnification. This new technology adds another layer of protection against counterfeiting, and all Gold Maple Leaf coins minted from 2014 onwards will contain this new security feature.
The obverse portrays the effigy of Queen Elizabeth II. The reason for picturing Her Majesty the Queen stems from Canada’s membership of the United Kingdom’s Commonwealth of Nations. By being a member of the Commonwealth, Canada has Queen Elizabeth II as its reigning constitutional monarch. Above the Queen’s effigy is her name “ELIZABETH II” and inscribed at the bottom of the coin is the nominal face value of 50 dollars and the year of mintage.
The reverse depicts Canada’s national symbol, the Maple Leaf, and above it the text “CANADA”. On each side of the Maple Leaf are four nines visible, underneath the tiny security mark is engraved and likewise the text “FINE GOLD 1 OZ OR PUR”, where the latter part of the sentence means “1 ounce of pure gold”.
Each coin is individually packaged in a hard plastic capsule. Multiples of 10 are available in original mint-sealed tubes.
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The majority of Tavex’s products are always in stock and therefore Tavex can offer you quick delivery and same day pick-up with market leading prices. Tavex is an official partner of all the biggest mints in the world, such as the Perth Mint Australia, the Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., the gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.
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