Maple Leaf Gold Coin
Canadian Gold Maple Leaf
The 1 oz Canadian Maple Leaf Gold Coin is one of the world's most popular gold bullion coins. This high quality gold coin was first issued in 1979. Since that time, over 25 million ounces have been sold worldwide. The Canadian Gold Maple Leaf (GML) 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 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.
Canadian Gold Maple Leaf - Gold Coins - Gold Price
The Canadian Gold Maple Leaf Coin is the official gold bullion coin of Canada, which was the second internationally recognized gold bullion coin, after the South African Gold Krugerrand. The Royal Canadian Mint pioneered to mint a gold coin in such high purity without adding any other strengthening alloy. The Gold Maple Leaf Coin has become one of the most popular bullion investments in the world.
Canadian Gold Maple Leaf
Canada
Canadian Gold Maple Leaf
99.99% Au
24K
1979–present
C$50, C$25, C$10, C$5, C$1.
1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz.
30mm, 25mm, 20mm, 16mm, 14.1mm.
Serrated
Description
History of Gold Maple Leaf
The Canadian Gold Maple Leaf coin was introduced in 1979 minted by the Royal Canadian mint. It was the first time to mint the gold bullion coin with purity 99.99%. The high purity gold bullion coin was extremely popular with investors and collectors in worldwide. In May, 2007, a gold maple leaf coin with face value of $1 million was minted by the Royal Canadian Mint; its market value is worth over $2 million at the time. Its diameter is 50cm and thick is 3cm with mass of 100kgs and 99.999% fineness. In additional, for the gold is a soft metal, the gold maple leaf is with high purity, it may scratch or mar more easily than other gold coins with lesser purity.
Design of Gold Maple Leaf
The obverse of the Canadian Gold Maple Leaf is a bust of Queen Elizabeth II designed by Arnold Machin. There are two versions of Queen Elizabeth II in the coin. Before 1990, the Queen on the coin is as a younger woman, and then changed as a more mature graceful portrait in 1990. In both versions, 'ELIZABETH II' is inscribed on top of the bust, '50 Dollars' and the year appears at bottom.
The reverse of the Canadian Gold Maple Leaf is a maple leaf (from which the coin derives its name) which is the national symbol of Canada. 'CANADA' is at top of the maple leaf; 'FINE GOLD 1 OZ OR PUR' (the coin's purity in English and French) is at the bottom. '9999' is inscribed the left and the right of the maple leaf. In additional, there is a small maple leaf as an anti counterfeiting measure which is laser micro-inscribed with the last two digits of the coin's minted year.
Face Value & Market Value
There are five sizes of Canadian Gold Maple Leaf coins: 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz, and their corresponding face value are C$50, C$25, C$10, C$5 and C$1. Those face values are legal; however, the face value of gold eagle is not equal to the market value. In fact, each Canadian Gold Maple Leaf coin's price is according to the gold spot price of current market plus a premium per coin.
Size Specification
Provided in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz denominations, those coins are 24 karat (containing 99.99% gold). The Canada government guarantees the weight, purity and legal tender value of each gold maple leaf coins. In spite of 1 oz Canadian Maple Leaf gold coin is the most popular, other sizes are available for your different selection. Below lists detailed information of five sizes specification:
| ROUND | FACE VALUE | DIAMETER | THICKNESS | GOLD CONTENT | TOTAL WEIGHT | GOLD FINENESS |
|---|---|---|---|---|---|---|
| 1/20 oz | C$1 | 14.1 mm | 0.79mm | 0.0500 oz | 0.0500 oz | 999.9 |
| 1/10 oz | C$5 | 16mm | 1.14mm | 0.1000 oz | 0.1000 oz | 999.9 |
| 1/4 oz | C$10 | 20 mm | 1.70mm | 0.2500 oz | 0.2500 oz | 999.9 |
| 1/2 oz | C$25 | 25mm | 2.24 mm | 0.5000 oz | 0.5000 oz | 999.9 |
| 1 oz | C$50 | 30 mm | 2.79mm | 1.0000 oz | 1.0000 oz | 999.9 |
Advantage
Advantage of Canadian Gold Maple Leaf:
1. The Canadian Gold Maple Leaf Coin owns graceful design, and the purity, weight and legal tender value of each gold coin is guaranteed by the Canada Government.
2. The Canadian Gold Maple Leaf Coins are with extremely high liquidity, you can easily buy and sell anywhere in the world where the precious metal are traded.
Maple Leaf Gold Coin 1 Oz
3. The Canadian Gold Maple Leaf Coins are small and exquisite, so that easy to store, or transport.
4. Unlike other gold bullion coins, the Canadian Gold Maple Leaf Coins are acceptable for your precious metal IRAs.
5. The Canadian Gold Maple Leaf Coins are minted in 24 karat gold without any strengthening alloy.
Related Gold Coins
| Value | 1 million (CAD) |
|---|---|
| Mass | 100,000 g |
| Diameter | 530 mm |
| Composition | 999.99/1000 gold |
| Gold | 3,215 troy oz |
| Years of minting | 1 |
| Mintage | 6 |
| Obverse | |
| Design | Effigy of Queen Elizabeth II |
| Designer | Susanna Blunt |
| Design date | 2003 |
| Reverse | |
| Design | Hand-polished stylized maple leaf |
| Designer | Stanley Witten |
The Big Maple Leaf (BML) is a set of six[1] $1 million (CAD) gold coins each weighing 100 kilograms (220 lb) (3,215 troy ounces). They were produced by the Royal Canadian Mint (RCM) in 2007, at their Ottawa facility where the first BML produced remains in storage. As of March 2017, the market value of a single Big Maple Leaf had reached approximately $4 million (USD).[2] On 27 March 2017, one of the coins was stolen from a Berlin museum.
Description[edit]
A Big Maple Leaf measures 2.8 centimetres (1.1 in) thick and 50 centimetres (20 in) in diameter and is 999.99/1000 pure. The obverse of the BML shows Queen Elizabeth II as she has appeared on Canadian coinage since 2003,[3] when Susanna Blunt's design became the third iteration of the queen's effigy to appear on coinage, (the others were 1965, and 1990). Blunt's design shows the queen in maturing dignity, without a tiara or crown, (only one other RCM design ever had the monarch not wearing a crown).[4] The reverse design is the stylized maple leaf by RCM artist and senior engraver: Stan Witten.[5][6]
Theft of one coin[edit]
In the early hours of 27 March 2017, a Big Maple Leaf was stolen from the Münzkabinett (coin cabinet) of the Bode Museum in Berlin, Germany.[1] The cabinet is known for its huge collection of coins – more than 500,000 pieces, among them more than 100,000 Greek and 50,000 Roman ones – though only a tiny fraction of these coins are shown at exhibits.
A spokesman for the Royal Canadian Mint said '...the stolen coin does not belong to the mint. After creating the original (which is in storage in Ottawa), the mint manufactured five more that were sold to interested private individuals.'[1] The coin was lent to the Bode Museum in 2010 by private owner Boris Fuchsmann,[7] and was displayed there until it was stolen.[8]
In July 2017, police raids took place and arrests were made in connection with the theft. The suspects come from a large Arabic family notorious for organised crime. Berlin Police assume that the coin was damaged during the theft when it was dropped from the train tracks onto the street.[8] Investigators do not expect to find the coin as they found gold dust on seized clothing and a car and suspect the robbers may have melted the coin down.[9][10]
In January 2019, a trial in a juvenile court against four suspects began. Two brothers, Ahmed and Wayci Remmo, and their cousin Wissam Remmo, all belonged to a Berlin crime family of Lebanese origin known to local police as the Remmo-Clan [de].[11] The fourth person, Denis W., was a school friend of the Remmo's and an employee of the Bode Museum. Denis was found guilty of advising the others on the museum's safety protocols. The trial ended in February of 2020 with Ahmed and Wissam being sentenced to 4 and a half years and Denis being sentenced to 3 years 4 months, the lenient sentencing being a result of them being relatively young (Ahmed and Wissam having been 18 and 20, respectively) during the crime. The fourth defendant, Wayci Remmo was acquitted due to inconclusive evidence.[12] The whereabouts of the gold coin remains unknown.[13]
See also[edit]
- Australian Gold Nugget, a one tonne gold coin minted in 2011
Maple Leaf Gold Coin Sell Price
References[edit]
- ^ abc'Massive $1M gold coin from Canadian Mint stolen in Berlin'. cbc.ca/news. 27 March 2017. Retrieved 27 March 2017.
- ^O'Sullivan, Donie (27 March 2017). '200-lb gold coin worth estimated $4 million is stolen from German museum'. cnn.com. Retrieved 28 March 2017.
- ^Rodgers, Kerry (11 September 2015). 'Elizabeth II reaches reign milestone'. numismaster.com. Retrieved 2 April 2017.
- ^'Canada 2016 100th Anniversary Women's Right to Vote $1 Coin'. coinweek.com. 24 March 2016. Retrieved 2 April 2017.
- ^'The Million Dollar Coin – a true milestone in minting'. mint.ca. Retrieved 2 April 2017.
- ^'Thieves nab 221-pound gold coin from German museum'. usatoday.com. 27 March 2017. Retrieved 28 March 2017.
- ^Zeitung, Westdeutsche. 'Düsseldorfer will vier Millionen für Goldmünze aus dem Bode-Museum'. Westdeutsche Zeitung.
- ^ ab'Berlin police make arrests over giant gold coin theft'. dw.com. Deutsche Welle. 2017-07-12. Retrieved 2018-04-10.
- ^Oltermann, Philip (2017-07-12). 'German police make arrests over €4m gold coin heist'. the Guardian. Retrieved 2018-04-10.
- ^'Big Maple Leaf: Goldstaub gefunden – Münze aus dem Bode-Museum wohl zerstört' [Big Maple Leaf: gold dust found – coin from the Bode Museum likely destroyed]. Berliner Zeitung (in German). 2017-07-27. Retrieved 2018-04-10.
- ^theryleytrahan. 'The Canadian 'Big Maple Leaf' Heist: Are Your Assumptions Hurting Security?, CTC International Group'. CTC International Group. Retrieved 2020-05-30.
- ^'The Bumbling Thieves Who Stole an Enormous $4.3 Million Gold Coin From a Berlin Museum—and Probably Melted It Down—Are Heading to Prison'. Artnet News. February 21, 2020.
- ^'Giant gold coin trial opens in Berlin'. January 10, 2019 – via www.bbc.com.