Produced by the highly regarded Royal Canadian Mint, this 1 oz Gold Canadian Maple Leaf coin is minted in 99.99% fine gold. It has long been considered the most famous of the Canadian gold coins, and the 1 oz weight is a best seller. Its beautiful designs and exceptional gold purity make it coveted by investors and collectors alike. And the weight and gold purity of each coin are guaranteed by the Canadian Government. The 1989 1 oz Gold Canadian Maple Leaf Coin is available right now for purchase online at Silver.com.
Coin Highlights:
- Ships in a protective plastic flip!
- Eleventh issue of the Gold Canadian Maple Leaf Coin!
- Consists of One Troy ounce of .9999 fine gold.
- Bears a face value of $50 (CAD) backed by the Government of Canada.
- The obverse is a profile of Queen Elizabeth II.
- The reverse is a Canadian Maple Leaf.
When initially introduced by the Royal Canadian Mint, the Gold Canadian Maple Leaf coin was minted with a gold purity of 99.9%. Four years later, the RCM made a significant change – they increased the coin’s gold purity to 99.99%. This historical move made the Gold Canadian Maple Leaf the first bullion coin minted at such a high degree of gold purity, making it the standard for all 24-karat gold bullion coins.
In their beginning, the Gold Canadian Maple Leaf coins were produced in the 1 oz denomination only. However, as time passed, the RCM made changes to the Maple Leaf coins. Along with increasing the gold purity of the coins, they began producing them in additional weights. By 1989, the Gold Maple Leafs were produced in 4 weights – 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. Later years saw the addition of 1/20 oz and 1 gram weights. However, throughout time, the 1 oz denomination has been the most famous and best-selling Gold Canadian Maple Leaf coin.
The 1989 Gold Canadian Maple Leaf coin obverse is the final year featuring the 39-year-old depiction of a right-facing profile of Queen Elizabeth II. The following year, Her Majesty’s profile is updated to depict the Queen at 64 years old. Years later there is another update, this one depicting Her Majesty at 79 years old, no longer wearing her crown. All Canadian coinage since 1952 has featured Queen Elizabeth II on the obverse.
The 1989 Gold Canadian Maple Leaf coin reverse continues to display the Maple Leaf. This Maple Leaf design, created by master engraver Walter Ott, has remained almost unchanged throughout the years. Ott clearly captured the exquisite details of the Maple Leaf in this highly detailed design.
The Royal Canadian Mint, founded in Ottawa in 1908, is the official mint of Canada. It produces all of Canada’s circulation coins. A second production facility was opened in Winnipeg in the 1980s to boost production capacity. This was at least partially due to the tremendous popularity of the Gold Maple Leaf coins.
Have any questions about gold coins for sale? 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.