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Canadian Gold Maple Leaf

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Canadian Gold Maple Leaf
Value50.00 CAD (face value)
Mass31.11[1] g (1.00 troy oz)
Diameter30 mm (1.181 in)
EdgeReeded
CompositionGold (99.99% Au)
Years of minting1979–present
Obverse
DesignMonarch of Canada
Reverse
DesignMaple Leaf
Design date1979 (2015)

The Canadian Gold Maple Leaf (GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint.

The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold. Having a .9999 millesimal fineness (24 karats), in some cases .99999, the coin is among the purest official bullion coins worldwide. The standard version has a weight of minimum 1 troy ounce (31.1 grams). Other sizes and denominations include: 1 gram, 125 oz. ($0.50), 120 oz. ($1), 110 oz. ($5), 14 oz. ($10) and 12 oz. ($20).

History

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The coin was introduced in 1979.[2][3] At the time the only competing bullion coins being minted were the Krugerrand (which was not widely available because of the economic boycott of apartheid-era South Africa) and the Austrian 100 Corona.[4] Coins minted between 1979 and 1982 have a fineness of .999.

On 3 May 2007, the Royal Canadian Mint unveiled a Gold Maple Leaf coin with a nominal face value of $1 million and a metal value of over $3.5 million, referred to as a Big Maple Leaf.[5][6] It measures 50 cm in diameter by 3 cm thick and has a mass of 100 kg, with a purity of 99.999%. On 26 March 2017, one of the six pieces was stolen from the Berlin Bode Museum;[7] it has not been found as of 2021. It is assumed that it has been melted down for the gold.[8][9]

The Gold Maple Leaf's observe displays the profile of the Monarch of Canada while the reverse displays a maple leaf. In 2013 and 2015, new security features were introduced. In 2013, a laser-micro-engraved textured maple leaf was added on a small area of the reverse (Maple Leaf) side of the coin. In the centre of this mark is the numeral denoting the coin's year of issue, which is only visible under magnification. In 2015, the radial lines on the coin's background on both sides of the coin were added.[10]

Specifications

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Years Denominations Purity Obverse Reverse
1979–1982 1 oz. .999 Portrait of Queen Elizabeth II aged 39 facing right[10] Maple leaf on a flat surface[10]
November 1982 – 1985 1 oz., 14 oz., 110 oz. .9999
1986–1989 1 oz., 12 oz., 14 oz., 110 oz.
1990–1992 Portrait of Queen Elizabeth II aged 64 facing right[10]
1993 1 oz., 12 oz., 14 oz., 110 oz., 120 oz.
1994 1 oz., 12 oz., 14 oz., 110 oz., 115 oz., 120 oz.
1995–2004 1 oz., 12 oz., 14 oz., 110 oz., 120 oz.
2005–2012 Portrait of Queen Elizabeth II aged 79 facing right[10]
2013 Maple leaf on a flat surface and micro-engraved maple leaf hologram[10]
2014 1 oz., 12 oz., 14 oz., 110 oz., 120 oz., 1 gram.
2015–2023 Maple leaf with radial lines and micro-engraved maple leaf hologram[10]
2024–Present Portrait of King Charles III facing left

For .99999 ("Five Nines") Pure Gold Maple Leafs, see Special issues below.

The .9999 1982 Gold Maple Leafs began minting in November.[citation needed] Thus, most of the 1982 Gold Maple Leafs are .999 fine.

Some dealers have complained about the production quality of the Gold Maples.[11][12][13]

Special issues

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99.999% Gold Maple Leaf

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The gold Maple Leaf coin was .999 pure until 1982, when its purity was raised to .9999. Some coins are issued at a purity of .99999; this standard does not replace the Mint's .9999 Gold Maple Leaf coins, but is instead reserved for special editions. In 1999, the mint celebrated twenty years of the $100 Maple Leaf coin by issuing coins with a hologram, struck directly onto the coin's surface, rather than as a separate step.[14]

Year Theme Artist Mintage Issue Price Special Notes Image
2005 Fifty Dollar Coin N/A at first 600

left 396

N/A 1 troy ounce coin; .99999 oz pure gold - experimental issue
2007 Two Hundred Dollar Coin Stanley Witten 500 $1,899.95 test bullion coin, 1 troy ounce coin; .99999 oz pure gold, privy t/e - test coin, comes encapsulated and presented in a maroon flock-lined clamshell case, available to collectors who enter draw-to-buy
30,848 N/A 1 troy ounce coin; .99999 oz pure gold, packaged in assay card
One Million Dollar Coin 5 Nicknamed the Big Maple Leaf, this coin has a mass of 100 kg (which is 3,215 troy ounces). A set of five coins were minted; one was stolen from Berlin's Bode Museum on March 27, 2017.[15][16]
2008 Two Hundred Dollar Coin 1,700 $1,394.64 Special Limited Edition First Strike
27,476 N/A 1 troy ounce coin; .99999 oz pure gold, packaged in assay card
2009 Stanley Witten 13,765
2011 Ago Aarand 8,408 Canadian Mountie Maple Leaf; 1 troy ounce coin; .99999 fine gold 1 oz or pur, packaged in assay card
2012 Stanley Witten N/A 1 troy ounce coin; .99999 fine gold 1 oz or pur, the picture of the maple leaf on the reverse is the same as on the coin from 2007, but moved right nearly 90 degrees - as on the 100 kg coin, packaged in assay card
Five Hundred Dollar Coin 5 ounce 9999 gold maple leaf forever, mintage of 200
2014 Two Hundred Dollar Coin Pierre Leduc N/A N/A 1 troy ounce coin; .99999 fine gold 1 oz or pur, Gold Howling Wolf, packaged in assay card
2,000 CAD2,799.95 1 troy ounce coin; .99999 fine gold 1 oz or pur, Gold Howling Wolf, proof version comes encapsulated and presented in a maroon flock-lined clamshell case
2015 N/A N/A 1 troy ounce coin; .99999 fine gold 1 oz or pur, Gold Growling Cougar, packaged in assay card
250 CAD2,799.95 1 troy ounce coin; .99999 fine gold 1 oz or pur, Gold Growling Cougar, proof version comes encapsulated and presented in a maroon flock-lined clamshell case
2016 N/A N/A 1 troy ounce coin; .99999 fine gold 1 oz or pur, Gold Roaring Grizzly, third and last of series, packaged in assay card
250 CAD2,799.95 1 troy ounce coin; .99999 fine gold 1 oz or pur, Gold Roaring Grizzly, proof version comes encapsulated and presented in a maroon flock-lined clamshell case

Coloured Gold Maple Leaf

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Year Theme Artist Mintage Issue Price Special Notes
1999 20th Anniversary of the GML - fractional 5 coins Walter Ott, RCM Engravers 13,025 N/A These are the first coloured coins that the Royal Canadian Mint has ever produced[17]
2010 Gold Maple Leaf Vancouver Olympics 3 x 31.15 g (1 oz) Susanna Blunt 200 These are 3 coins of olympic series, but with red painted maple leafs on reverse - all in the wooden box

Hologram Gold Maple Leaf

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Year Theme Artist Mintage Issue Price Special Notes
1999 $1, $5, $10, $20, $50 GML Hologram Set Walter Ott, RCM Engravers 500 $1,995 First Coins for RCM to feature a hologram
2001 600 The only difference was the issue date on the coin; 2001 instead of former 1999
$10 GML Hologram 14,614 $195 14-oz
2009 $1, $5, $10, $50 Hologram Set, 30th Anniversary of Gold Maple Leaf N/A 750 N/A 120 oz, 110 oz, 14 oz, 1 oz - all packaged in a wooden box

Olympic Maple Leaf

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The Royal Canadian Mint and the International Olympic Committee reached an agreement on Olympic Gold and Silver Maple Leaf coins on August 3, 2007, and the agreement allowed the RCM to strike bullion coins with the emblems of the 2010 Winter Olympics and Paralympics.[18] The issue consists of two coins – one Gold Maple Leaf coin and a Canadian Silver Maple Leaf coin; both coins feature the date of 2008. The RCM sold Olympic coins through all of its major business lines – bullion, circulation and numismatics.[18]

Individual releases

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Year Theme Artist Mintage Issue price Comment
1989 10th Anniversary Coin Walter Ott 6,817 Bullion Value The only proof version, packaged in a wooden box separately or together with 12, 14 and 110 oz coins
1997 125th Anniversary of the RCMP Ago Aarand 12,913 US$310 Guaranteed value of US$310, until January 1, 2000
1999 20th Anniversary Coin N/A N/A Bullion value privy mark "20 years ans" on the reverse
2004 25th Anniversary of Gold Maple Leaf Walter Ott 10,000 Introduced at ANA World's Fair of Money in Pittsburgh
2014 Bullion Replica N/A 2,000 CAD2,699.95 Specimen version of Maple Leaf comes encapsulated and presented in a maroon flock-lined clamshell case and accompanied by a serialized certificate
2015 110 oz Gold Maple Theory of Relativity Privy N/A N/A Frosted background version of Maple Leaf 110 oz with privy mark E = mc2 on the left
Allied Gold/L'or des alliés Joel Kimmel 1,500 $649.95 14 oz. Flight of the Norwegian National Treasury (part of Operation Fish, that brought British, French and Norwegian gold to Canada).[19] The maple leaf of Canada is impaled with a Norwegian maple leaf.

Privy-marked Gold Maple Leaf

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Year Privy Mark Denomination Size Mintage Issue price Special Notes
1997 Family Five Dollars 110 oz 100,730 Made for Dillon Gage
1998 Eagles 51,440
2000 Expo Hanover Ten Dollars 14-oz 1,000 N/A
2001 Basle Coin Fair 750
Viking 50, 20, 10, 5, 1 1 oz, 12-oz, 14-oz, 110-oz, 120-oz 850 Issued as a five coin set
2005 Liberation Ten Dollars 14 oz 500 Made for Royal Dutch Mint
2024 First Strikes: Polar Bear Privy Mark Five Dollars 110 oz 5,000 359.95 CAD First gold bullion strikes featuring His Majesty King Charles III, sold directly from the Royal Canadian Mint. Encapsulated in a premium card.

Maple Leaf 'Privy M7'

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Year Denomination Size Mintage Special Notes
2004 Ten Dollars 14-oz 10 This is a test coin struck in a proof or specimen finish. Distributed privately in Europe.
2005 600 (other source: 1,300?) reverse background of the coin is a "bricks" motive, instead of standard parallel lines bullion finishing as on the obverse; M7 privy mark is on the standard right position
2006 1,093 (other source: 1,100?) reverse upper half of the background of the coin has standard parallel lines bullion finishing as on the obverse, and the lower half has frosted finishing; M7 privy mark is on the standard right position
2007 1,000 - other source reverse upper half of the background of the coin is frosted, lower half - with curved "sun rays" motive, partly frosted on the parallel standard bullion finishing; on the obverse, standard parallel lines bullion finishing; M7 privy mark is on the standard right position

Other fractional Gold Maple Leaf

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Year Description Denomination Size Mintage Issue Price Special Notes
2011 Maple Leaf variations - standard leaf 50, 10, 5, 1 1 oz, 14 oz, 110 oz, 120 oz 750 CAD3,739.95 Issued as a four coin set in a wooden box plus a gold plated silver medallion - A centennial of world-class refining, all coins double dated 1911-2011, additionally on 1 oz coin privy mark "100 years/ans"
2012 Maple Leaf variations - three leaves 50, 20, 10, 5, 1 1 oz, 12 oz, 14 oz, 110 oz, 120 oz CAD3,999.95 Issued as a five coin set in a wooden box - 5th Anniversary of the Million Dollar Coin
2013 Maple Leaf variations - two leaves 50, 10, 5, 1 1 oz, 14 oz, 110 oz, 120 oz 600 CAD3,899.95 Issued as a four coin set in a wooden box - 25th Anniversary Fractional Set
2014 Maple Leaf variations - three leaves CAD3,999.95 Issued as a four coin set in a wooden box
2015 Maple Leaf variations - one leaf Issued as a four coin set in a wooden box, every 1 oz coin is numbered, different maple leaf on every coin
2016 Maple Leaf variations - one leaf with crown and letters Issued as a four coin set in a wooden box, every 1 oz coin is numbered, obverse with crowned queen

Bimetallic Maple Leaf

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As a way of commemorating 25 years as an industry leader in bullion coins, the Royal Canadian Mint created a unique six-coin set. mint.ca It was a new bimetallic maple leaf, set in bullion finish (a brilliant relief against a parallel lined background). The six-coin set was the first to include the 125 oz Maple Leaf denomination. Each coin included a double-date of 1979–2004, and the 1 oz coin featured a commemorative privy mark. All coins were packaged in a black leather presentation case with a black velour insert, along with a certificate of authenticity.[20] It was issued at a price of $2,495.95 and with a mintage of 839 sets.[citation needed]

Coin Specifications
Year Theme Face Value Size Composition Au Weight Ag Weight

(Total - Au)

Total Weight

of the coin

Total

Diameter

Ring Core
2004 25th Anniversary, Gold Maple Leaf
$0.5 125 oz .9999 silver .9999 gold 1.27 0.769 2.039 16
$1 120 oz 1.581 0.791 2.372 18.03
$5 110 oz 3.136 1.33 4.466 20
$10 14 oz 7.802 3.098 10.9 25
$20 12 oz 15.589 4.486 20.075 30
$50 1 oz 31.65 7.96 39.61 36.07

See also

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References

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  1. ^ "Gold Maple Leaf Coins | The Royal Canadian Mint". www.mint.ca. Archived from the original on 2020-11-06. Retrieved 2019-02-09.
  2. ^ "Gold Maple Leaf Coins". Archived from the original on 2014-03-10. Retrieved 2014-03-10.
  3. ^ "Maples - Coin of the Day". Nov 22, 2013. Retrieved 2014-03-10.
  4. ^ "What is the Austrian 100 Corona?". Retrieved July 25, 2020.
  5. ^ "Royal Canadian Mint introduces world's first 100-kilogram pure gold coin". May 3, 2007. Retrieved 2008-03-20.
  6. ^ "Million Dollar Coin | The Royal Canadian Mint". www.mint.ca.
  7. ^ "Massive $1M gold coin from Canadian Mint stolen in Berlin" The Associated Press. March 27, 2017
  8. ^ "Ein Jahr nach Münzraub: Noch immer gibt es keine Anklage gegen mutmaßliche Täter" [One year after coin theft: Still no indictment against alleged perpetrators]. Berliner Zeitung (in German). 2018-03-27. Retrieved 2018-04-10.
  9. ^ faz.net: Goldmünzen-Diebstahl aus Bode-Museum: Haftstrafen für drei Männer, access-date November 8 2020
  10. ^ a b c d e f g "All the designs of the Gold Maple Leaf". Gerrards Bullion. 2021-01-25. Retrieved 2024-11-02.
  11. ^ "The Problem with Canadian Gold Maple Leaf Coins". Archived from the original on 2012-08-31. Retrieved 2008-07-21.
  12. ^ "Canadian Gold Maple Sets Viking Privy Mark". taxfreegold.co.uk. The finish on normal bullion maples is, in our opinion, rather disappointing, with striation marks visible where either the blanks or the dies, possibly both, have been polished prior to striking. These striation marks look like scratches, especially when trying to capture high quality photographic images
  13. ^ "2004 Gold Maples 25th Anniversary Edition | Chards | Tax Free Gold". taxfreegold.co.uk. we don't like the production quality of them (Gold Maples), preferring nuggets or Britannias
  14. ^ Royal Canadian Mint Currency Timeline, p. 10.
  15. ^ "Goldmünze im Wert von einer Million Dollar gestohlen". Der Spiegel. 27 March 2017. Retrieved 2017-03-27.
  16. ^ Solid gold coin worth $4m stolen from Berlin museum BBC (www.bbc.com). Retrieved on 2017-03-27.
  17. ^ Charlton Standard Catalogue of Canadian Coins, 60th Edition, p.440
  18. ^ a b "Maples will sport Olympic Rings", Bret Evans, Canadian Coin News, September 4 to September 17, 2007
  19. ^ Mint: 14 oz. Pure Gold Coin - Allied Gold - Mintage: 1,500 (2015)
  20. ^ Charlton Standard Catalogue of Canadian Coins, 60th Edition, p. 442
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