Monday, September 1st, 2014

The Canadian Gold Maple Leaf Coin

canada gold maple leaf coinIn 1979 Canada introduced one of the purest gold coins of regular issue in the entire world. While it has legal tender status in its home country, the Canadian gold maple leaf coin has a much lower face value for market purposes. This coin is the official bullion gold coin of Canada. Produced at the Royal Canadian Mint, it is made solely from gold mined from Canadian gold mines and has no base metals. Walter Ott is credited with being the creator of this coin, as a response to the limited availablity of gold for purchase due to the boycott of South Africa that was in progress in the late 70s. Because it is such a pure gold, at 24 karats, it is extremely soft. This has resulted in some handling problems. It is clearly designed to be stored out of the wear and tear of too much handling.

Since Canada is a member of the British Commonwealth of Nations, it is not surprising to see Queen Elizabeth II represented on the Canadian gold maple leaf coin. Her lengthy reign can be traced through the 1964 design of her likeness at age 39, to the second edition in 1994, when she was 64 years old. In 2009 a third image was created of the still reigning monarch at age 79. In 2007 a promotional gold coin was minted with a face value of $1 million dollars and a market value of twice that. Unexpectedly, public interest was expressed in purchasing this coin. To date 5 orders have been sold for between $2.5 and $3 million dollars each. This would seem to make it a perfect collector's item for the rich and famous, and those wanting the security of gold investments.

Canadian Gold Maple Leaf Coin Deals




1984 ELIZABETH II MAPLE LEAF 50 FIFTY DOLLAR CANADA GOLD COIN 1 Oz NGC MS 65
1984 ELIZABETH II MAPLE LEAF 50 FIFTY DOLLAR CANADA GOLD COIN 1 Oz NGC MS 65
$1,409.00 (19 Bids)
Time Remaining: 51m

RARE MINTAGE 1000 2005 CANADIAN 1 4 OZ GOLD MAPLE LEAF COIN LIBERATION PRIVY
RARE MINTAGE 1000 2005 CANADIAN 1 4 OZ GOLD MAPLE LEAF COIN LIBERATION PRIVY
$875.00
Time Remaining: 1h 8m
Buy It Now for only: $875.00

1989 Canada Maple Leaf Commemorative Proof Gold 4 Coin Set 185 troy oz
1989 Canada Maple Leaf Commemorative Proof Gold 4 Coin Set 185 troy oz
$2,895.00
Time Remaining: 2h 23m

2014 Canada 1 20 Oz 9999 Fine Gold Maple Leaf 1 Coin
2014 Canada 1 20 Oz 9999 Fine Gold Maple Leaf 1 Coin
$82.19 (9 Bids)
Time Remaining: 3h 24m

2014 Canada 1 4 Troy Oz 9999 Gold Maple Leaf 10 Coin
2014 Canada 1 4 Troy Oz 9999 Gold Maple Leaf 10 Coin
$352.00 (6 Bids)
Time Remaining: 3h 28m

1 10 GOLD EAGLE ESTATE LOT SILVER EAGLE  MAPLE COIN GEMSTONE SAPPHIRES EMERALD
1 10 GOLD EAGLE ESTATE LOT SILVER EAGLE MAPLE COIN GEMSTONE SAPPHIRES EMERALD
$347.95
Time Remaining: 5h 25m



Reblog this post [with Zemanta]
Be Sociable, Share!
Disclaimer: We may earn a small commission from this site when someone buys from one of the product links. This enables us to keep the site maintained.