As one of the most highly regarded mints, the Royal Canadian Mint produces over a billion coins each year. One of those coins is the 99.99% pure gold 1 oz Canadian Gold Maple Leaf. This exquisite coin is the official gold bullion coin of Canada, with its purity and weight guaranteed by the Canadian Government. Its sharp milled edges and smooth fields make it popular among investors and collectors alike. Right now, JM Bullion has the 1988 1 oz Canadian Gold Maple Leaf Coin available for purchase online.
Coin Highlights:
- Ships in a protective plastic flip!
- 10th issue of the Canadian Gold Maple Leaf Coin!
- Contains 1 Troy oz of .9999 pure gold.
- Obverse features a profile of Queen Elizabeth II.
- Reverse features a Maple Leaf.
- Bears a face value of $50 (CAD) backed by the Canadian Government.
The Canadian Gold Maple Leaf coin was initially introduced by the Royal Canadian Mint in 1979 with a gold purity of 99.9%. In November 1982, the RCM increased the gold purity of the coin to 99.99%. This was historical, as it made the Canadian Gold Maple Leaf the first bullion coin to be struck at this high level of gold purity. The Gold Maple Leaf coin has been regarded as the standard for other 24-karat gold bullion coins, primarily due to its constant design and mintage history.
While initially available in only the 1 oz denomination, through the years, the RCM has added additional weights to the Canadian Gold Maple Leaf collection. In 1988, the Gold Maple Leaf was available in 4 different weights – 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. Two additional weights were added in subsequent years. The 1 oz denomination has been the most famous and best-selling size. Each Gold Maple Leaf coin has its face value stated in Canadian Dollars and is considered to be legal tender.
The obverse of the 1988 Canadian Gold Maple Leaf coin highlights a right-facing profile of Queen Elizabeth II, reflecting Her Majesty at 39 years of age. In later years, Her Majesty’s profile would be updated to reflect how she looked at 64 years of age and again to reflect how she looked at 79 years of age. Queen Elizabeth II has adorned the obverse of all Canadian coinage since ascending to the throne in 1952.
The reverse of the 1988 Canadian Gold Maple Leaf coin highlights Canada’s Maple Leaf. It is a symbol of pride and nationalism for Canadians. Master engraver Walter Ott created the Maple Leaf design in 1979 and his design has remained almost unchanged since its initial introduction. His design has been used on all versions of Canadian Maple Leaf coins.
Founded in Ottawa in 1908, the Royal Canadian Mint produces all of Canada’s circulation coins as well as some circulation coins of other nations. Needing to boost its production capacity in the 1980s, the RCM opened a second facility in Winnipeg.
If you have questions about gold for sale, our JM Bullion Customer Service team will be happy to assist you. We can be reached via phone at 800-276-6508, online using our live chat, or via email.