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Canadian Maple Leaf Gold Coin

The Canadian Maple Leaf is the bullion coin of Canada and is issued by the Royal Canadian Mint. It was designed by Walter Ott and features the famous Canadian emblem on its obverse. It is made from either .999 gold or .9999 gold depending on the time on which the coin was issued. The later ones are made from the higher fineness as a sign of Canada’s higher standards in the production of gold coins. The coin is considered to be the purest type of gold coin that is available for collecting today.  The coin was first issued in 1979 to compensate for the market for gold coins as the South African Krugerrand was prohibited from being sold for some political issues. However, it can be said to be different from the Krugerrand in that it is made from 24 karat gold unlike the 22 karat Krugerrand.

The Canadian Maple Leaf is available in various weights ranging from one-twentieth of an ounce to one ounce. The face value of the coin starts from one Canadian dollar to fifty dollars but there is also a 1 kilogram coin which has a face value of one million dollars. In 1994 a one-fifteenth of an ounce coin was issued having a two dollar face value but it only came with a limited number of coins issued and were smaller in size which had made them valuable only as additions to jewelries. The coin proved to be not so popular hence the producing of the coin has been stopped.

In 2007, the mint issued a 1-million dollar gold coin which has a purity of 99.999% gold and weighs about one kilogram. It was issued to promote the popularity of the Canadian Maple Leaf and only a few were able to purchase the coin. This was done to promote the newer type of Canadian gold coin which has a higher purity than the past coins that were issued by the mint. It was sold at the price of two-and-a-half million dollars to three million Canadian dollars. The coin was designed by Stanley Witten.

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The coin was manufactured with a .999 fineness of gold and was only changed to a .9999 purity in 1982.  The purest that was ever produced, one having .99999 fineness was produced to commemorate special events and was particularly difficult to store and handle as it is very soft being pure gold.  Most of the Canadian Maple Leafs that were issued from 2007 were usually designed by Stanley Witten and usually portrays Queen Elizabeth II on one of its sides. The coin is officially struck at the Ottawa branch of the Royal Canadian Mint. The high quality of gold that the coin possesses makes it very difficult to handle as it is more subject to being damaged by handling. This has been one of the drawbacks of having a gold coin in such a very high karat but if you are after the quality of the coin, this will not be such a big problem. 

Canadian Gold Coins

Canada’s official mint, the Royal Canadian Mint, produces all of the Canadian gold coins that can be found in this country.  The most famous of these coins being the Canadian Maple Leaf which is not just one of the best kinds of gold coins in the world today due to its purity and beautiful design, it is also one of the most popular in the world which has become a bestseller among other types of gold coins. The coin was first produced by the mint in 1979 and since then has become one of the more popular types of gold coins in the world. They were made from 24 karat gold which is higher than the then famous Krugerrand from South Africa.

A Canadian Maple Leaf is made from 24 karats of gold and can be bought in differing weights such as one ounce, one-half ounce, quarter of an ounce, and one-tenth of an ounce. They usually come in packs of ten and are contained in a plastic tube that holds the coins. They are considered to be one of the best coins when one is thinking about investing in gold as they are much easier to store as they need less space for it. They are also easy to count as they come in sets of ten. This type of selling allows one to buy these coins at a lower premium and mark-up than when you buy individual coins and also smaller-sized coins. One problem that you may have with these coins is the softness of the coin, due to their composition, which is more readily scratched or dented if ever they are mishandled. So getting them in or out of the tube would be quite a trouble. You would need to be more careful with it than with other gold coins.

With the Canadian gold coin being in circulation now for almost one hundred years, its continued popularity among coin collectors just testifies to the coin’s prestige as a foremost gold coin in the world. But aside from this famous coin, there are still other coins which the mint produces annually and which has won several awards for their design. There are the commemorative coins for the Queen and also for the wedding of Prince William. There is also a commemorative coin for national parks and famous athletes such as the Gretzky coin, and also coins containing the image of some of Canada’s wildlife.

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There is also the Canadian five-dollar coin which can be said to be still a part of the British period. Due to the age of the coin, it is highly valued among collectors. It is made from a lower karat of gold and has an engraving of King George V.  The mint has recently released a centenary coin celebrating the hundredth anniversary of the creation of Canada’s first gold coin. It has a face value of five hundred dollars and is made from 24 karat gold. There is also a 14-karat gold coin which commemorates the making of Canada’s first ever railway.

Canadian Gold Stocks

There are a variety of Canadian gold and precious metal stocks to choose from. Canada is known for its superior quality gold coins. However, they also possess some of the best gold companies which have seen some good performances in the gold market. They have small companies which issue dividends to its investors unlike other larger companies. In order to get to know the Canadian gold stock market better, it will be good to see what their companies are like and how they are performing in the market.

One of the top companies in Canada, which is also a multinational company, is the Barrick Gold Corporation which is the top performer at the moment. It has allowed to issue some stocks on a lesser price to some investors. The company’s chief executive has also made one of the best steps that a company can do which is to remove hedging from their  company’s strategies. It is definitely one risky move on the company’s part but is a highly desirable move for those who would like to ensure that their investments worth would not be lessened due to some future contracts which will fix a price on what they earn. It is a step which will allow the company to be more exposed to the value of gold in the market which will also provide better dividends for their stockholders. They were also able to issue about more than three billion worth of their shares. The capital of this company is about 37 billion dollars which is the largest in Canada. They also issue dividends about one percent yearly for their investors.

Another company to look out for is the Goldcorp company which has a market capital about 32 billion dollars and issues a lesser dividend than the Barrick Gold – about .4 percent. Its assets are located in Canada itself and also in Mexico. It has been said to somewhat sold for something more than its actual worth which can be a downside for a company who wants to attract investors. The company operates on low-cost techniques as assured by their CEO.

Next up is the Kinross which has its  mines in Brazil, the US and even in Russia. They have made some significant improvements when it comes to their cash flows but which may not be the best basis on determining the performance value of a company. They are more intent on investing in markets that involve only lower costs and are also more diverse in their investments. They have a market capital of about 16 billion dollars.

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The last is the Agnico-Eagle mines which are also centered on low-cost techniques in gold mining.  They have a market capital of  11 billion and also has some strategies for worst-scenario cases in the gold market. Their CEO is not quite convinced that gold will be doing any better than it is today and has not made any move on making hedge for that. What could be risky for all these companies would be the worth of the Canadian dollar which sometimes do not par with the US dollar.

Buy Gold in Vancouver

Buying gold in Vancouver is just as easy as buying the precious metal anywhere else. The number of dealers and gold shopping boutiques in the Vancouver area makes it relatively easy for one to find the type of gold that he would like to buy. These shops offer gold in the form of coins, bars, jewelries, and even souvenir items that it will definitely be odd if you cannot find one that you really like. They have a variety of available gold products ranging from the more simple gold bar to elaborate gold jewelries. Having a branch of the Royal Canadian Mint makes it truly exciting to choose the type of gold or gold souvenir that you would like to buy.

One of the best places to get your gold stuff is through the Royal Canadian Mint which is the main producer of all coins in Canada.  The Mint has a branch in Vancouver at 752 Granville St, Vancouver, BC. The boutique offers collectors coins such as the newly minted commemorative coin of the recent royal wedding, bullion coins and also medallions and other gift items made out of gold. They also have sets of gold coins which make for a conversation starter when you are having guests over at your house. But of course the best that they have is the Canadian Maple Leaf which is one of the most sought-after item due to their exquisite design and their gold value. It is said to be one of the purest forms of gold coin which adds to its value.

Another place to buy gold from when in the Vancouver area is the Vancouver Bullion and Currency Exchange.  This is said to be one of the most reputable places to buy your precious metals from and also one which offers the best value for metals. As of now, the price of a gold bar is US $1, 729.00 for a one-ounce bar, $55, 203.00 for a one kilogram bar, and $1, 767.00 for a Canadian Maple Leaf which is 999% gold and is widely considered one of the best coins for investment purposes in the world.

There are also other specialty shops in the market which sell jewelry items and even gold coins and gold bars in Vancouver. Some of these are the Vancouver Gold and Silver Buyer which is located at 1000-355 Burrard St, Vancouver, BC V6C 2G8,  the Vancouver Bullion & Currency Exchange Ltd at 120-800 Pender St W, Vancouver, BC V6C 2V6,  the Atson Jewellery & Gold Ltd and J & M Coin & Jewellery which can be found at 127 Broadway E, Vancouver, BC V5T 1W1. These shops will offer you a variety of designs and coinages from various mints all for a reasonable value. Buying precious metals in Vancouver is definitely one of the most exciting ways in which you can buy your metal investments.  You can directly go to the mint which makes the coins that you are buying at the Royal Canadian Mint or through some of the shops and dealers which offer you a variety of gold items to choose from.

Where to buy or sell gold in Vancouver Canada:

Vancouver Bullion & Currency Exchange Ltd
800 W Pender St, Suite 120
VANCOUVER, BC V6C 2V6
604-685-1008

J & M Coin & Jewellery
127 Broadway E
Vancouver, BC V5T 1W1
604-876-7181

Vancouver Gold and Silver Buyer
Suite 102-440 West Hastings
Vancouver, BC V6B 1L1
604-608-6175

Videos of gold buyers in Vancouver:

Vancouver Gold and Silver

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Buying Gold In Canada

The investor interested in purchasing gold in Canada has many different investment options. Canada is one of the richest countries in the world. Before it has been a rural economy, but due to the increase in demand such as mining, manufacturing and service sectors, the First World country, Canada has changed into an Industrial and Urban nation. Mining has been a growing Industry for Canada. In fact Canada has been leading in the exportation of minerals and metals such as potash and uranium. When it comes to valuable minerals such gold, silver, copper and lead, Canada has been ranked as the fifth largest exporter. As one of the largest gold exporters in the world, Canada has a vast variety of gold investment methods available to investors of all types.

Buying gold in Canada is easy as buying this precious metal in other places say Australia, the United States or the United Kingdom, probably because of the country’s rich resources. However, gold in Canada has much more value than its international counterparts. Canada has its own mining ground, and the Canadian do not mix anything or any metal on the gold that they mine thus giving out a 99.9 percent or 24 karat gold. When buying gold, do remember that this metal comes in different forms like bullions, coins or bars, and also they come in different sizes and value. Each gold coin, gold wafer, and gold bar has been marked with an official stamp for legitimacy. The Canadian Gold Maple Leaf, which was first produced by Walter Ott in 1979, is the country’s official gold bullion coin. When purchasing for gold, many invest in this coin as this is the purest gold, without any hints of alloy. Some gold collectors try to obtain this coin because of its intricate and magnificent design. The Canadian Gold Maple Leaf could be traded from gold dealers around the world and is extremely popular in India and the Far East.

Apart from knowing the different forms that gold comes in, when buying gold, there are a few guidelines that one must remember. The primary supplier of gold is the Canadian government. The Royal Canadian Mint manufactures largely every gold coin of the nation, and even of other countries. The Royal Canadian Mint is known for the highest standards of its productions, one of which is the Canadian Gold Maple Leaf. The Royal Canadian mint produces rare collectible coins and even manufactured a coin that is worth a million dollars at face value. The coin was designed by an artist named Stanley Witten in the year 2007. This rare million-dollar gold Maple Leaf coin is one of the most sought after collector’s item in the market today.

If you want to purchase gold from the Royal Canadian Mint you can do so atone of its bank branches found in Vancouver, Winnipeg and in Ottawa where its headquarters are located.  Another reliable source for gold is the Scotiabank in Canada which involved in buying and selling the precious metal.  One can get his gold by going to any of the branches of these banks anywhere in Canada. These are the surest and most secure way of getting genuine gold in Canada as banks are the most reliable source of gold especially those which contain a higher karat. The mint produces gold coins and bars that has been extracted from the mines of Canada itself.

The Royal Canadian Mint in Ottawa is located at 320 Sussex Drive while the one in Winnipeg, Manitoba is located at 520 Lagimodiere Boulevard.  The mint produces some rare gold coins that are ideal for collection and also  jewelries and souvenirs.

The facility in Winnipeg features a modern and stylish design which has become some sort of attraction for tourists as well. The headquarters is where most of the production process of minting is done hence it is here where one can truly get freshly minted coins. They also produce other types of gold products even medallions and other fine jewelry.  They have also engaged in watch-making.

The standard gold coin of Canada is the Canadian Maple Leaf which has come in a variety of beautiful designs for the more than a hundred years that it was produced in the mint.  Gold has seen a significant increase in value, 19.7%, compared to other gold-producing countries such as Australia.  The Canadian Maple Leaf also contains the purest amount of gold that can be found in a gold coin – 999.99%.  Canada is one of the producers of the finest type of gold coin in the world and this is the reason why they have become popular in Asian countries such as the United Arab Emirates and India which are both known to be large consumers of gold products.

As of September 27, the Canadian gold had a spot value of $1,695.11 US.  The value of half-ounce gold coins was $965.00, a quarter for $499 and a tenth of an ounce for $204.67; these values were taken from several gold dealers and banks around Canada. Once can buy gold bars also in the mint which come in 1 ounce, 5 ounce, and 10 ounce bars, 1 kilo bars and also in trade bars. Coins can be bought at 1/20,1/10, a quarter and in one-half ounces as well. The value of gold has been rising continually for the past few days and  so has the value of Canadian gold in the market.

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Apart from the Canadian government, there are certified gold dealers that circulate the country. These gold dealers would not only help you in finding that precious metal, but also assist you in buying gold. Some of these dealers can be found online. One of the online dealers is goldmoney.com, they would hand you a title with your name and would safely secure your gold in Switzerland or London. Another gold dealer is kitco.com, it put up for sale gold bullion bars and coins. Another gold dealer is colonial acres.com, they sell bullions that are available for orders. Aside from these online dealers, there are others that would help you in buying gold, after all purchasing this metal is easy in Canada. It is just as easy to buy gold in Canada as in other places such as the US and the UK.