A special silver Maple Leaf honoring the 10th anniversary of that series was issued in 1998. The 1990 design, by Dora de Pédery-Hunt, replaced a portrait by Arnold Machin that was created in 1965, when Her Majesty was 39 years old.Ī 1/20-ounce gold Maple Leaf coin was added in 1993, and an additional fractional gold coin was created when the 1/15-ounce gold coin was struck for that one year. In 1990, both gold and silver Canada Maple Leaf coins underwent a significant design change when the obverse portrait of Queen Elizabeth II was updated to reflect the monarch's gracefully aging appearance. Production of the platinum bullion coins seized in 2005, though the 1-ounce platinum Maple Leaf was reintroduced in 2009. The platinum Maple Leaf coin, at the zenith of its popularity, was produced in five different fractional sizes, including 1-ounce, 1/2-ounce, 1/4-ounce, 1/10-ounce, and 1/20-ounce coins. However, platinum prices began falling in the late 1990s, and the demand for platinum bullion coins also declined. Platinum, which for years was more valuable than gold, has been a hotly traded commodity with a strong industrial market. These coins, which feature an obverse portrait of Queen Elizabeth II and a reverse Canadian maple leaf design, look similar in motif to the gold Canada Maple Leaf bullion coins.Īlso in 1988, the first platinum Maple Leaf bullion coins were issued by the RCM.
In 1988, the RCM issued its first Canada Maple Leaf silver coin, which was issued as a 1-ounce coin bearing a nominal face value of five dollars. In 1986, a 1/2-ounce gold coin was added to the Maple Leaf lineup. In 1982, the Royal Canadian Mint (RCM) purified the gold content further to 0.9999 (four "9"s versus three with the former composition) and also offered the first fractional gold bullion coins: 1/4-ounce and 1/10-ounce pieces.
Originally, the Canada Maple Leaf gold coins were offered only in a 1-ounce size. These pieces would later usher in other types of bullion coins, including silver, platinum, and palladium Maple Leaf coins.Ĭanada Maple Leafs Of The 1970s and 1980s The gold Canadian bullion coins feature a portrait of Queen Elizabeth II on the obverse and a maple leaf on the reverse. The release of Canadian gold bullion coins opened the doors for investors to own virtually pure, 0.999-fine gold coins. At that time, the only other major gold bullion coin on the market was the South Africa Krugerrand, though it was not widely available as many nations boycotted goods from the African country during its apartheid era. Canadian Maple Leaf bullion coins have been popular on the international metals market since 1979, when the first Canadian gold bullion coins were released for sale.
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