1oz Maple Leaf Gold Coin

1oz Maple Leaf Gold Coin


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The 1oz Maple Leaf gold coin - The Royal Canadian Mint

The Royal Canadian Mint’s Gold Maple Leaf 1oz gold coin is the globally recognised official gold bullion coin of Canada. As legal tender, their weight and purity are guaranteed by the Canadian Government. It was first released by the Canadian Mint in 1979 with over 20 million coins sold since. The one-troy ounce size has a nominal face value of $50 and is guaranteed to contain one troy ounce of 99.99% pure gold (= 24 carat).

The coin boasts an unprecedented security feature. An intricately engraved design produced by the Mint's innovative use of laser technology on the reverse of the coin ensures the coins authenticity. The reverse design features an iconic image of Canada, the maple leaf. The obverse features the effigy of Her Majesty Queen Elizabeth II, created in 2003 by Canadian portrait artist Susanna Blunt.

Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage / insurance requirements. Refer to the ATO or your advisor for more information.

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