If you are looking for a coin with beautiful designs and exceptional gold purity, then you should be looking at the 1 oz Gold Canadian Maple Leaf coin. A creation of the highly regarded Royal Canadian Mint, the Gold Maple Leaf coin is minted in 99.99% fine gold. The weight and purity of each coin are guaranteed by the Canadian Government. And it is an affordable addition to your investment collection. Currently, the 1988 1 oz Gold Canadian Maple Leaf Coin is available for purchase online at Silver.com.
- Received in a protective plastic flip!
- Tenth issue of the Gold Canadian Maple Leaf Coin!
- Consists of One Troy ounce of .9999 fine gold.
- A profile of Queen Elizabeth II is on the obverse.
- The Maple Leaf is on the reverse.
- Displays a face value of $50 (CAD) backed by the Government of Canada.
The 1988 Gold Canadian Maple Leaf coin obverse displays a right-facing profile of Queen Elizabeth II. Since 1952, when Queen Elizabeth II ascended to the throne, all Canadian coinage has featured Her Majesty. This 1988 coin depicts a profile of Her Majesty at 39 years old. As the years passed, Her Majesty’s profile would be updated to depict Her Majesty at 64 years old and later at 79 years old.
The 1988 Gold Canadian Maple Leaf coin reverse displays the unofficial emblem of Canada, the Maple Leaf. Created by master engraver Walter Ott, the exquisite details of the Maple Leaf are clearly visible in his highly detailed design. Created in 1979, this Maple Leaf design has remained nearly unchanged through the years.
The Gold Canadian Maple Leaf coins have been issued annually. While originally minted with a gold purity of 99.9%, the RCM decided to make them even more special. In November 1982, the RCM increased the coin’s gold purity to 99.99%. This historical move made the Gold Canadian Maple Leaf the first bullion coin to be minted at such a high gold purity and the standard for all 24-karat gold bullion coins.
For their introduction, the Gold Canadian Maple Leaf coins were minted in only the 1 oz denomination. However, when the RCM increased the gold purity of the coins, they also rolled out additional weights. By 1988, the Gold Maple Leafs were also available in 1/2 oz, 1/4 oz, and 1/10 oz weights. A 1/20 oz and 1 gram weight were added in later years. Historically, the most famous and best-selling Gold Canadian Maple Leaf coin has been the 1 oz denomination.
The official mint of Canada is the Royal Canadian Mint, which was founded in Ottawa in 1908. The RCM produces all of Canada’s circulation coins, in addition to some circulation coins of other nations. With the tremendous popularity of the Gold Maple Leaf coins, the RCM needed to boost production capacity, which led to the opening of a second facility in Winnipeg in the 1980s.
Have any questions when buying gold? Please contact our Silver.com Customer Service team, 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.