The Gold Canadian Maple Leaf is the official gold bullion coin of Canada, and its most famous gold coin. First issued by the Royal Canadian Mint in 1979, it was minted in 99.9% pure gold. This made it and the South African Krugerrands the only pure gold bullion coins minted at that time. The Royal Canadian Mint is known for its brilliant designs and the purity of its gold, making the Gold Maple Leaf coins sought after by both collectors and investors. The weight and purity of each coin are guaranteed by the Canadian Government. The 1980 1 oz Gold Canadian Maple Leaf Coin is currently available for purchase online at Silver.com.
- Received in a protective plastic flip!
- Second issue of the Gold Canadian Maple Leaf Coin!
- Consists of 1 Troy ounce of .999 fine gold.
- A profile of Queen Elizabeth II is featured on the obverse.
- The Maple Leaf is featured on the reverse.
- Has a face value of $50 (CAD) backed by the Government of Canada.
The obverse of this Gold Canadian Maple Leaf coin features a right-facing profile of Queen Elizabeth II. This is a depiction of Her Majesty at 39 years of age. Age-appropriate depictions of Queen Elizabeth II have been featured on the obverse of all Canadian coinage since 1952, when Her Majesty ascended to the throne of the United Kingdom.
The reverse of this Gold Canadian Maple Leaf coin features the Maple Leaf. This finely detailed design, clearly showing the texture and veins of the Maple Leaf, was the creation of master engraver Walter Ott, who created this design for the Royal Canadian Mint in 1979. It has remained virtually unchanged throughout the years.
Since issuing the first Gold Canadian Maple Leaf in 1979, the RCM has issued them annually. In the beginning, the Gold Maple Leaf coins were produced with a gold purity of 99.9% and were available only in the 1 oz denomination. By the end of 1982, the RCM had decided to increase the coin’s gold purity to 99.99%, making it the first gold bullion coin to have such high gold purity. This consistency of their design and mintage is what has made them the standard to which other 24-karat gold bullion coins are held.
When the RCM increased the gold purity of the Gold Maple Leaf coins in late 1982, they also began issuing additional weights. First came the 1/4 oz and 1/10 oz weights. The 1/2 oz weight was added in 1986 and the 1/20 oz weight in 1993. The RCM experimented with a 1/15 oz weight in 1994 but its poor acceptance led to its cancellation after only one year. A 1-gram weight was added in 2014. Considered to be legal tender, each Gold Canadian Maple Leaf coin has a stated face value in Canadian Dollars.
Founded in Ottawa in 1908, the Royal Canadian Mint is the official sovereign mint of Canada. Needing to boost its production capacity, the RCM opened a second facility in Winnipeg in the 1980s. All of Canada’s circulation coins are produced here.
Should you have any questions, please contact our Silver.com Customer Service team, as we are happy to assist you. We can be reached via phone at 888-989-7223, online via our live chat, or via our email.