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Scrap Gold Buyers purchase the Canadian Gold Maple Leaf coin.
The 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 the purest gold coin of regular issue in the world, with a gold content of .9999 millesimal fineness (24 carats). That is, it contains virtually no base metals at all – only gold exclusively from gold mines in Canada.
Coins minted between 1979 and 1981 have gold content of .999.
The coin was first introduced in 1979. At that time, the only available bullion coin was the Krugerrand, which was not widely available because of an economic boycott of apartheid-era South Africa.
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, but as is often the case with bullion coins, the face values of these coins (C$1, C$5, C$10, C$20 and C$50) are purely symbolic and do not reflect their true value.
The 1/20, 1/10, 1/4, and 1/2 troy oz coins are identical in design to the 1 troy oz coin except for the markings on the obverse and reverse sides that indicate the weight and face value of the coin 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 dollars. In 2005, a .9995-fine palladium Maple Leaf 1 oz coin was introduced, with a face value of 50 dollars.
Scrap Gold Buyers welcomes the opportunity to purchase Canadian Gold Maple Leaf coins, please contact us for further information.
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