Maple Leaf Gold Coins
This page about the Canadian Maple Leaf Cold Coins presented by “Gold” site part of the Open International Joint-stock Corporation “GLOBAL MARINE POLLUTION“
Canadian gold Maple Leafe coins are among the most popular gold coins in the world, recognized and coveted by investors everywhere. The coins have risen to prominence, in part because they are beautifully made and in part because of Canada’s complex but rich gold history.
The remarkable story dates back to the middle of the 19th century when Canada was fighting for a national currency of its own. Political leaders wanted to promote commerce. In order for the Canadian dollar to be trusted by the nation’s trading partners, it was made redeemable in gold. The gold backing meant Canada needed to build a stockpile of gold reserves.
The proposal to build a mint to produce the nation’s coinage was first made in 1890. However, it was not until 1908 that Canada actually completed construction of the Royal Canadian Mint.
Today the mint produces coins in both gold and silver, known for their .9999 purity. These include the Gold Maple Leaf Coins of course – Canada’s most iconic coin. The mint also produces commemorative and limited issue coins depicting important historical events, such as the gold rush in the Klondike, and Canadian wildlife.
The most popular Canadian gold coin is the “Maple Leaf”. Coin lovers appreciate the striking symbol of Canada – the maple leaf – stamped on the coin’s reverse and its purity at .9999 fine gold (or 24 carats). It is one of the purest gold coins in the world. The Royal Canadian Mint even produces limited mintages of gold coins which are “5 nines” pure (.99999).
Buyers are guaranteed exact weight and purity by the Canadian government. Each Maple Leaf 1 oz coin has a face value of 50 Canadian dollars (at the time of this writing), and the coins carry legal tender status.
The one-ounce Maple Leaf was introduced in 1979. Today it is available in a variety of popular sizes ranging from 1 gram to 1 oz. The Royal Canadian Mint has also produced smaller runs of larger gold coins. In 2007 the mint produced 5 coins weighing 100 Kg (220 lbs). Each was denominated at 1 million dollars.
Buyers cannot go wrong buying Canadian bullion. It is very difficult indeed to find better recognized and more finely crafted coins.
The process starts in Canadian gold mines where producers extract ore. The ore generally undergoes at least one refining pass before leaving the mine. The ore is converted to concentrate or more bars which have higher purity.
The Royal Canadian Mint can accept metal at this stage and remove the remaining impurities by processing at its own in-house refinery. This capability sets Canada’s mint apart from many other sovereign mints – including the US Mint – which typically procures metal after it has been refined and converted to coin blanks.
Once refined, the gold is poured into ingots, then rolled into flat strips. These strips are stamped into the coin blanks which can then be sent through the minting press.
Gold coins provide the maximum in terms of trust and liquidity. Because Canadian coins are backed by the Canadian government, buyers can be assured of both weight and purity. And, because coins are traded in such massive quantities, they are always easy to both buy and sell.
Canadian bullion coins are legal tender and come in several denominations.
Coins also carry a special appeal – much like miniature works of art. Designs include iconic Canadian wildlife and interesting historical events – such as the winter Olympic games held in Vancouver in 2010.