This is the 1/10 ounce Gold Maple Leaf.
The Canadian Gold Maple Leaf coin is one of themost recognized gold coins in the world, and is backed by Canada’s Royal Canadian Mint in its weight and purity. The Canadian Gold Maple Leaf represents an extremely liquid and respected gold coin, preferred by many for its .9999 purity. It is easily purchased and sold the world over.
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Since its introduction to world markets in 1979, the Gold Canadian Maple Leaf has been popular among investors. The coin was the first gold coin produced in .9999 fine gold. The Maple Leaf is available in five different varieties, including 1/20, 1/10, 1/4, 1/2 and 1 troy ounces.
Great Britain’s Queen Elizabeth II adorns each coin, on which the denomination and date of issue of a particular coin on the obverse side. On the reverse side of the coin the Maple Leaf – Canada’s national symbol – is beautifully presented, as well as the level of gold purity in not only English, but French as well.
The 1⁄20 [14.15mm X .79mm], 1⁄10 [16.05mm X 1.14mm], 1⁄4 [19.75mm X 1.70mm], and 1⁄2 [25.12mm X 2.24mm] troy ounce coins look just like the one-troy-ounce coin [30.00mm X 2.79mm], except for markings on the obverse and reverse sides with different weights and and face value of the coins. In 1994, 1⁄15 oz. ($2.00 face value) gold and platinum coins were minted, likely for us in jewelry. Unpopular were these coins, and 1994 remains the only years in which 1/15 oz Canadian Gold Maple Leaf coins were issued.
Since 1988 the Gold Canadian Maple Leaf has had a sister coin in the .9995-fine platinum Canadian Platinum Maple Leaf. The Platinum Maple has the same weights and face values as the Gold Maple Leafs. In 2005, a .9995-fine palladium Maple Leaf 1 oz coin was issued. The Palladium Maple Leaf has a Face Value of $50. The palladium coin is subjected to the federal Good and Services Tax in Canada.
May 3, 2007 saw the Royal Canadian Mint unveil a Gold Maple Leaf coin with a face value of $1 million, despite a gold content of more than $2 million at the time. The $1 million Gold Maple Leaf coin measures at 50cm in diameter and 3 cm thick and has a mass of 100kg. It contains a 99.999 purity. The artist is Stanley Witten. The coin is a promotional product aimed at achieving a higher international profile for the Royal Canadian Mint. The hundred-kilogram coin was used to promote the Mint’s then-new line of 99.999-percent-pure one-ounce Gold Maple Leaf bullion coins.
The Royal Canadian Mint is responsible for all of Canada’s circulating coins, and even manufactures coins on other nation’s behalf. The Mint designs not only precious metal collector coins, but also base metal coins. The Royal Canadian Mint offers refining and assay services for gold and silver.
The Royal Canadian Mint is a Canadian Crown Corporation, and so therefore operates under the legislative of the Royal Canadian Mint Act. It is owned wholly by the Government of Canada, which represents the one-and-only shareholder of the Mint. It serves the public interest, whilst simultaneously retaining a mandate to operate “in anticipation of profit.” This essentially means that it functions in a commercial manner and does not rely on taxpayer support for funding.
Just like private sector companies, the Mint has a Board of Directors which consists of a Chair, the President and CEO of the Mint and eight other Directors.
The Mint operates facilities in Ottawa and Winipeg.
The Mint produces a number of high purity precious metal coins, such as the Gold Canadian Maple Leaf, the Silver Canadian Maple Leaf, the Palladium Canadian Maple Leaf and the Platinum Canadian Maple Leaf, alongside the 100 oz Royal Canadian Mint Silver Bar. These products are minted for the investment market as well as gold and silver granules for the jewelry industry and industrial applications.
The Royal Canadian Mint is a technically advanced refinery, refining raw gold, for example, to 995 fine through the Miller chlorination process. The gold is thereafter cast into anodes which are purified to 9999 fine using the Wohlwill electrolytic process.
In May 2007, the Mint produced the world’s very first 99.999% gold Maple Leaf Bullion coins. These were offered in limited-edition one-troy ounce gold bullion coins. The Royal Canadian Mint produced a 100 kilo version of the 99.999% pure Gold Maple Leaf coin was produced as a promotional tool and was later sold when interested buyers came forward.
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