The Royal Canadian Mint introduced the Maple Leaf gold coin in 1979, seven years before the United States Mint began coining American Eagle. Today the coin is sold worldwide to investors who appreciate the iconic design of Maple Leaf, the purity and marketability it offers.
The Canadian maple leaf stands out for its purity. Of the three most popular gold bullion coins, the maple leaf is the only one minted from 1999 fine gold. Both the South African Krugerrand and the American Eagle have a purity of 22 carats (.9167). This difference in purity is not an important factor when it comes to absolute value because the actual weight of gold contained in the three currencies is the same. The Eagle and Krugerrand simply have a slightly higher gross weight due to the alloy metals used. But some investors prefer the greater purity and the particular brightness that it entails.
Guaranteed by the Government of Canada and marketed in world markets since 1979, the Canadian Gold Maple Leaf is one of the most popular and easy-to-trade gold bullion coins in the world today. Each of the coin sizes we offer (1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz and 1 gram) is very well printed. Quality is a hallmark of the Royal Canadian Mint.
During the first five years of production, the Maple Leaf was produced with a purity of .999 fine. The purity was updated to .9999 from 1984. The pure coins of the “three nines” are bought and sold today with a slight discount to the “four nines” coins. The highest purity is preferred in the market. There are relatively few of the old coins that are traded day by day. When they are available, they are often sold quickly to bargain hunters who are always happy to buy a known sovereign currency at a discount. In addition, long-term savers may include Canadian Maple Leafs in their individual retirement accounts (IRAs).