Platinum Canadian Maple Leaf

The Canadian Platinum Maple Leaf has been available from the Royal Canadian Mint since 1988 in one ounce and fractional sizes containing .9995 pure platinum bullion.

General Details

The Platinum Canadian Maple Leaf is the official bullion platinum coin of Canada. It was first issued by the Royal Canadian Mint in 1988 and was available until 2002 in five different denominations, all of which are marked as containing .9995 pure platinum. The bullion coin was the partly reintroduced in 2009 in the form of the 1 troy ounce denomination, featuring a new portrait of Queen Elizabeth II on the obverse.

The production of Platinum Maple Leaf coins began on September 22, 1988, at a “special striking ceremony” organized by the RCM, where the first Canadian Silver Maple Leaf was also made. Within the first month of sales of the Platinum Maple Leaf, Ford Motor Company announced that may have found a suitable replacement for platinum in in its catalytic converters that was undergoing testing. This announcement led to a drastic drop in the price of platinum, as the automotive industry was, at that time, responsible for approximately a third of platinum consumption. For a short time during the earlier part of 1991, the price of platinum dropped below the price of gold, a phenomenon that rarely occurs (but is again present in the market). However, nothing substantial ever came from Ford’s announcement and testing and the price of platinum climbed back above the price of gold. During this period the Platinum Canadian Maple Leaf was actually taken out and put back in production.

The coin’s obverse features the portrait of Queen Elizabeth II. Her Majesty’s portrait is featured on all Canadian coinage, but over the course if the coin’s mintage from 1988 to present different portraits of Her Majesty have been used from younger to older renderings. ELIZABETH II is written along the obverse side, and 50 DOLLARS plus the year of mintage is written at the bottom. The reverse of the Platinum Maple Leaf features the Sugar Maple Leaf — The Symbol of Canada. CANADA is written at the top of the reverse, while FINE PLATINUM 1 OZ PLATINE PUR borders the bottom. 9995 is written on either side of the Platinum Maple Leaf indicating the purity of the platinum. Since its founding in 1908, the Royal Canadian Mint has been a world-leader in the production of technically advanced and stunningly beautiful bullion products such as the Canadian Platinum Maple Leaf.

Midas Authenticity Guarantee

Interestingly Canadian Platinum Maple Leaf bullion coins (1 oz) are one of only four legal tender platinum coins currently being produced, the others being the US Mint’s Platinum Eagles, Perth Mint’s 1 oz Platypus and the Austrian Platinum Philharmonic.

At Midas Gold Group, each of our 1 oz Platinum Maple Leaf is in immaculate condition and comes in mint condition in its box along with its original Certificate of Authenticity. We cannot always guarantee choice of year, however, as our inventory shifts, we will send a 1 oz Platinum Maple Leaf coin from a year of our choosing dependent on our available stock.

PROMPT DELIVERY GUARANTEE PROMISE

Standard shipping time is 1–7 business days.

Specifications
Platinum Canadian Maple Leaf
#SpecificationValue
1Denomination$50 (Canadian)
2FinishUncirculated
3Composition.9995 fine platinum
4Diameter1.1811 inches (30.00 mm)
5Weight1.0000 troy oz (31.11 g)
6EdgeReeded
7Design
8MintRoyal Canadian Mint
9Years of Mintage1988–2002, since 2009
10IRA EligibleYes
Get E-price

Simply enter your info below and receive a special price quote to purchase this product. Need a buy or sell price now? Just give us a call at 1-480-360-3000.

Sell to us

Own this item and looking to sell? Simply enter your information to get a current quote or free appraisal.

Need the value now? Call us at 1-480-360-3000.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Side Panel Text Widget

Aliquam erat volutpat. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Integer sit amet lacinia turpis. Nunc euismod lacus sit amet purus euismod placerat? Integer gravida imperdiet tincidunt. Vivamus convallis dolor ultricies tellus consequat, in tempor tortor facilisis! Etiam et enim magna.


Warning: Illegal string offset 'width' in /home/customer/www/midasgoldgroup.com/public_html/wp-includes/media.php on line 1163

Warning: Illegal string offset 'height' in /home/customer/www/midasgoldgroup.com/public_html/wp-includes/media.php on line 1164
Midas Gold Group