Canadian Gold Maple Leaf coins are a popular option for investors looking to diversify an investment portfolio with precious metals for various reasons. They are well designed and reasonably priced. Larger positions in these gold coins can be bought and sold incrementally. Also, they are currently one of the most significant assets for many investors.
The gold Maple leaf coin has a fineness of 9999, making the coin one of the purest available to investors today.
Introducing Canadian Maple Leaf
The Maple Leaf has grown in popularity among gold investors since its release in 1979. Naturally, any product that achieves widespread appeal will shortly encounter rivals seeking a market share, and the American Eagle, Austrian Philharmonic, and British Britannia cions were all launched in the years following the Maple Leaf's release. Competitors have sought to make comparable coins, leading The Royal Canadian Mint to develop a variety of new technologies to keep their competitive edge. To encourage coin collectors, they also started offering coins in various sizes and special edition variants.
Reasons that the Canadian Maple Leaf Coin is so Popular
Let's look at the reasons that the Canadian Maple Leaf gold coin is so popular.
Iconic Brand
The Canadian Maple Leaf is inextricably linked to Canada. Consider the Sovereign for the United Kingdom, the Eagle for the United States, and the Krugerrand coins and bars for South Africa. The coin is representative of a country that signifies stability and democracy, but with an economic industry focused around natural resources, and specific commodities. Most gold enthusiasts will know that gold mining is a major industry in Canada.
Highly Quality Design
The coin's reverse side, which has a face value of $50, displays the original maple leaf design created by the master engraver Walter Ott. The maple leaf is Canada's unofficial symbol. The coin's reverse has a portrait of Queen Elizabeth II. It is the first-ever coin to depict the queen without her crown. Susanna Blunt, a Canadian artist, created the most current picture of the queen to adorn the coin.
In 2019, the Royal Canadian Mint released a special version of the Gold Maple Leaf Coin to commemorate the coin's 40th anniversary. The Mint promises that this is the greatest gold bullion coin in the world.
First Pure Bullion
When the Gold Maple Leaf was introduced in 1979, it immediately became a sensation with collectors and bullion purchasers for one simple reason: gold investing. It was the year's lone investment-grade bullion coin. 24 Carat 999 Pure Gold compared to 22 Carat for the other major coins. In 1979, sales of Krugerrands had dwindled due to Apartheid.
Purest Gold
Not satisfied with standard pure gold, the Royal Canadian Mint elevated the Maple Leaf to new heights in 1998 with the introduction of the world's first five-nines gold coin – a Maple Leaf that was made from 99.999% pure gold.
Privy Marks
The Royal Canadian Mint affixed two separate privy markings to the coin for the anniversary year alone -"1979/2019" and "40 YEARS".
Sizes
The Maple Leaf is available in a range of sizes, from 1/10 ounce up to 1 ounce. Maple gram bars, featuring 25 x 1 gram individual Maple Leaf coins all sealed together in a certicard are also available. This range of coin sizes allows investors to individually tailor their purchases to meet their portfolio needs .
Wrap Up
The Canadian Maple Gold Leaf has its own rich history and represents one of the highest standards in the market of gold coins. It has always been one of the most traded gold worldwide and will continue to be in the future.
