The Gold Maple Leaf coins have the highest purity of .9999 in the world of gold bullion coinage. Since its launch in 1979, the gold maple leaf coin has been one of the most valuable precious metal coins. It is highly treasured due to its near-perfect brilliance. Walter Ott came up with the idea for the Gold Maple Leaf as an alternative to the South African Krugerrand gold bullion coin. The Royal Canadian Mint is the official manufacturer of these coins. Ott intended to make a coin that would be the cleanest gold coin in the world. Despite the coin's purity, its design has been iconic for over three decades.
About Canadian Gold Maple Leaf
The Canada Gold Maple Leaf (GML) remains one of the world's most famous bullion investment coins. In addition, all Gold Maple Leafs manufactured after 2015 have unique security features, boosting their worldwide appeal.
Its monetary value does not simply define the gold maple leaf coin price. Collectors of exquisite bullion coins take great interest in this stunning gold coin. Collectors rush to update their GML collections with each annual release. The coin's simple beauty flaunts an stunning and iconic Canadian symbol, the maple leaf.
Royal Canadian Mint
The Royal Canadian Mint is a commercial national Crown Company. It manufactures circulating, collectible, and bullion. It serves both local and foreign markets. Since 1908, the Royal Canadian Mint has established a solid international reputation. It is world-famous for its reliability, excellence, and quality. The Mint has full-service refineries for gold and silver. It offers a variety of services, including refining, assaying, and secure storage. The Royal Canadian Mint launched the Canadian Gold and Silver Reserves program. This program allows institutional and ordinary investors to invest directly in real gold or silver. The plan offers an exchange-traded investment vehicle that monitors the price of gold or silver.
History Of Gold Maple Leaf Coin
The Canadian Gold Maple Leaf, first issued in 1979, has a face value of 50 Canadian dollars. It is recognized as a legal tender in Canada. It is manufactured by the Royal Canadian Mint and issued yearly by the Canadian government. The back side of the gold maple leaf coin has a maple leaf. Its front design shows the profile of Queen Elizabeth II.
The market value of gold plays a great role in determining gold maple leaf coin price. First of all, just as with other gold coins, the market value fluctuates according to the gold spot price. Second, it is one of the world's purest official bullion coins, with some having a millesimal fineness of .9999 (four nines) or .99999 (five nines). The softer the coin, the purer the gold. This is the reason why Gold Maple is more prone to handling marks.
As of today, the Gold Maple Leaf is an excellent investment-grade bullion coin. This coin is highly sought-after by collectors and savvy investors. Gold Maple Leaf coins belong to the most beautiful and precious examples of gold bullion coinage. The Gold Maple Leaf stands out from other gold bullion coinage because of its outstanding purity, whether it is bought as a hedge against inflation or just to add to one's personal coin collection.
Design Of Gold Maple Leaf Coin
The front side of the gold maple leaf features the image of "Elizabeth II" along with the face value and the year the coin was minted. The back side of the coin features a maple leaf. The reverse has inscriptions as well. It says CANADA (the issuing country, Fineness (999 for coins minted before 1982 and 9999 for coins minted after 1982), and Gold Content (FINE GOLD, or 1 OZ OR PUR)
The word "Or Pur" means Pure Gold in French, which is another official language in Canada. With advancements in the Royal Canadian Mint's refining and minting procedures, the reverse design of the gold maple leaf has evolved over time. Also, fresh security features were introduced throughout time.
The first security feature has a small textured maple leaf on the backside. It has been micro-engraved with laser technology. It shows the release year's final two digits. This feature came with the 2013 release. 2015 saw the introduction of a second visual security feature on the obverse and reverse. These are radial lines in the backdrop field.
To ensure consistency from die to die and coin to coin, these lines have been meticulously carved within microns on the master tooling. The originality of the line width and pitch creates a light-diffraction pattern exclusive to the gold maple leaf coin. Together, these features make up real cutting-edge coin security. In addition, the gold and Silver maple leaf now have a third security feature, marketed by RCM as "Bullion DNA." It features a micro-engraved maple leaf privy mark that offers near-instantaneous authentication.
Conclusion
The gold maple leaf coin is a premium collectible item with so many unique features, quality, purity, and cultural significance. Investing in it as an inflation hedge is as best as adding it to the unique coin collection. BOLD Precious Metal is the best place to consider if you are looking for the purest gold coin for investment or collection purposes. You can get the lowest premium on the spot gold maple leaf coin priceand make savings. BOLD is the most reliable and diversified seller of bullions, coins, and bars in precious metals.
