Gold coins are far from always made of the purest natural gold. The Canadian Maple Leaf gold investment coin can be considered the first pioneer for 9999 gold coins.
Let’s talk more about this the Canadian Maple Leaf gold bullion coin, also known as the Canadian Gold Maple Leaf. This popular bullion coin is produced by the Royal Canadian Mint. This gold coin is made of 99.99% fine gold and is considered one of the purest gold bullion coins available. It is legal tender with a face value of 50 Canadian dollars, and its market value is determined by the spot price of gold, which can fluctuate.
As our regular readers probably already know, pure gold is a very soft metal, which means that its surface is very susceptible to various mechanical impacts, and thus various scratches and notches can easily appear on the surface.
Therefore, pure gold coins, for example, should not last long, as even a small impact could change the shape of the coin and continuous use would make such a coin relatively unrecognizable. This is also the reason why gold coins were usually made from an alloy of gold and some other metal, which gave the object the necessary hardness and durability.
Over time, the gold coin became more and more an object of circulation, and in 1979 everything changed: for the first time in world history, the Royal Canadian Mint issued a coin made of pure gold decorated with the Canadian national symbol, the maple leaf.
The rest is already history.
In fact, behind the distribution of a coin made of pure gold was a new perception that investors in the changed economic model wanted to use gold to invest savings in the long run rather than for day-to-day trading.
This, in turn, led to the conclusion that the durability of gold coins in circulation was no longer an important criterion among the coin’s parameters. Despite the fact that the face value of a gold coin still makes a gold coin a form of payment to this day, it is still of token value today, as the actual market value of a one-ounce coin is in most cases about 30-35 times higher than the face value. Imagine paying for 50 pounds worth of groceries with a gold coin worth more than 1500 pounds.
Although the Canadian Maple Leaf was the first gold coin in the world to be made of pure gold, it was originally .999. In the early years, the Royal Canadian Mint was so inspired that it was decided to go one step further and Canadian Maple Leaf coins were made of even purer gold. Gold sample of the coin 9999 (gold content 99.99%) was created.
The “miracles” of the world-famous mint are not limited to this. In 2007, the Royal Canadian Mint issued a 999.99 Maple Leaf Gold Coin with a face value of 100 million Canadian dollars!
Since then, the Maple Leaf Gold Coin has become a symbol of the Mint of Canada’s cutting-edge production – more than 25 million 1-ounce Maple Leaf Gold Coins have been minted and are arguably one of the world’s most popular pure gold investment coins.
As mentioned, the coin is decorated with a Canadian maple leaf and its elegant design is enhanced not only by its impeccable finish but also by the brilliance of exceptionally pure gold. However, there is another surprise in the coin: the microscopic maple-shaped security feature on the front is as unique as human DNA on each coin, making it completely impossible for fraudsters to make copies.
When a maple leaf is found on the reverse of the coin, the obverse is decorated with a portrait of Elizabeth II, the reigning constitutional monarch of Canada. The background of the coins minted since 2015 is covered with wonderfully fine converging rays – in the case of older coins it was smooth.
The Maple Leaf gold coin is popular with investors and has perfectly logical and understandable reasons. Due to the production efficiency of Royal Canadian Mint, minting costs are low, which means significant savings for investors when buying Canadian Maple Leaf gold coins at a favorable final price.
The Canadian Maple Leaf gold coin is available in various sizes, including 1oz, 1/2oz, 1/4oz, 1/10oz, and 1/20oz. The 1oz coin has a diameter of 30mm, a thickness of 2.87mm, and a weight of 1 Troy Oz (31.035 grams). The 1/2 oz maple leaf gold coin is another popular size of this coin.
Aside from its liquid nature, it is also an internationally recognized gold coin. Therefore, this coin offers a good opportunity to invest your savings wisely, but also to smartly enrich your investment portfolio. This is also the reason why any investor who is interested in adding gold in physical form to their portfolio could decide in favor of this beautiful Canadian gold coin.