Gold and Silver
5475 Leetsdale Dr Suite 210
Denver, Colorado 80246
Main Number: 303-333-1411
Cash for Gold and Silver
Main Number: 303-333-1411
Canadian Maple Leaf
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Canadian Gold Maple Leaf is the official bullion gold coin of
Canada, and is produced by the Royal Canadian Mint. The
brainchild of Walter Ott, it is one of the purest gold
regular-issue coins in the world with a gold content of .9999
millesimal fineness (24 carats), with some special issues
.99999 fine. That is, it contains virtually no base metals at
all—only gold, from mines in Canada.
The coin was introduced in 1979. At the time the only bullion
coin was the Krugerrand, which was not widely available
because of the economic boycott of apartheid-era South Africa.
Coins minted between 1979 and 1982 have a gold content of
The coin is offered in 1⁄20 oz., 1⁄10 oz., 1⁄4 oz., 1⁄2 oz.,
and 1 oz. denominations and is guaranteed to contain the
stated amount (in troy ounces) of .9999 fine gold (24- carat).
The coins have legal tender status in Canada for their face
values ($1, $5, $10, $20 and $50), subject to the Canadian
Currency Act and the Royal Canadian Mint Act. Although
categorized as "non-circulating bullion coins" in the Mint
Act, these coins are still legal tender under the Currency
The 1⁄20, 1⁄10, 1⁄4, and 1⁄2 troy ounce coins are identical in
design to the one-troy-ounce coin, except for markings on the
obverse and reverse sides indicating the weight and face value
of the coin. In 1994, 1⁄15 oz. ($2.00 face value) gold and
platinum coins were issued, possibly for use in jewellery.
They were not very popular, and 1994 remains the only year in
which 1⁄15 oz gold and platinum bullion coins were produced.
Starting in 1988 Maple Leaf coins have also been struck in
.9995-fine platinum, having the same weights and face values
as the gold coins. Since 1988, a one-ounce .9999-fine silver
Maple Leaf has also been struck, with a face value of $5. In
2005, a .9995-fine palladium Maple Leaf 1 oz coin was
introduced, with a face value of $50. This palladium coin is
subject to the federal Goods and Services Tax in Canada.
On May 3, 2007, the Royal Canadian Mint unveiled a Gold Maple
Leaf coin with a face value of $1 million, though the gold
content was worth over $2 million at the time. It measures 50
cm in diameter by 3 cm thick and has a mass of 100 kg, with a
purity of 99.999%. The artist is Stanley Witten. The coin is
mainly a promotional product, to give the mint a higher
international profile. The hundred-kilogram coin was
conceived as a one-off showpiece to promote the mint's new
line of 99.999-percent-pure one-ounce Gold Maple Leaf bullion
coins, but after several interested buyers came forward the
mint announced it would manufacture them as ordered and sell
them for between $2.5 and $3 million. As of May 3, 2007 there
were five confirmed orders.
All weights are in troy ounces.