Description
The Canadian Gold Maple Leaf is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint. The Gold Maple Leaf was introduced in 1979.
The Gold Maple Leaf is legal tender with a face value of 50 Canadian Dollars. The market value of the metal varies, depending on the spot price of gold. Having a .9999 millesimal fineness (24 carats). Coins minted between 1979 and 1982 have a fineness of .999. The standard version has a weight of minimum 1 troy ounce (31.1 grams). Other sizes and denominations include 1 gram, 1/20 oz ($1), 1/10 oz ($5), ¼ oz ($10) and ½ oz ($20).
The obverse (front) features the profile picture of Queen Elizabeth II according to the years of issue: 1982-1989 Arnold Machin, 1990-2002 Dora de Pedery-Hunt and Susanna Blunt for coins from 2003 to present. The portrait of Her Majesty also includes, at the bottom, the initials of the artist, encircled by the engravings “50 Dollars”, “Elizabeth II, and the year of mintage. The reverse depicts a large maple leaf, encircled by the word “Canada” and the purity and weight marks. Starting in 2014 the reverse side of the coin also contains the micro-engraved laser maple leaf, the new bullion security enhancement from Royal Canadian Mint, revealing the last two digits of the year of issue. The coins starting in 2015 also display the radially lined background.
As an aside; the 1979-1989 coin show the queen at the age of 39, 1990-2004 the queen is 64, and from 2005 to present the queen is now shown as 79 years of age.
Specifications
Diameter: 30 mm
Thickness: 2.8 mm
Mint: Royal Canadian Mint
Weight: 31.103 grams
Actual Weight: 1 troy ounce
Purity: .9999
Denomination: $50 Canadian
Packaging: Single coins in plastic flips or multiple of 10 will be in plastic tubes.
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