Maple Leaf Gold coins
As part of our Gold Coins collection, the Canadian Gold Maple Leaf is well-known by all investors and collectors.
The Royal Canadian Mint initially launched the coin in 1979 to compete with the South African Krugerrand. It’s considered one of the purest (99.99%) official bullion coins globally, with a minimum standard weight of 1 troy ounce (31.10 g).
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Gold
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What Makes Maple Leaf Gold Coin a Popular Choice Among Investors and Collectors?
It's no wonder that the Maple Leaf Gold Coin is one of the most popular coins worldwide. They’re beautifully designed and were one of the first coins to achieve exceptional purity when it was first introduced in 1979. Each coin is a legal Canadian tender backed by the Canadian government.
Investors buy these coins for several reasons:
- They’re made of pure gold
- The Canadian government backs the coins
- They’re legal tender in Canada
- They’re internationally recognized
- They have a very low production rate, possibly becoming more valuable over time
Plus, coins tend to offer higher liquidity compared to gold bars. This means you can sell them more easily at various price points, unlike larger gold bars which can only be sold once at a specific price.
But before you sell your gold coins, check the current gold price and news from the economic and financial world to make an informed decision.
Maple Leaf Gold Coin Design and Features - What Sets Them Apart from Other Gold Coins?
Queen Elizabeth II is depicted on the front of the gold Maple Leaf Coin, along with the coin's date of issue and value. The back of the coin displays a single maple leaf, Canada's official national symbol. Due to its elegant and uncomplicated design, the gold Maple Leaf coin is a highly sought-after gold bullion coin for both collectors and investors.
What Are the Different Sizes and Denominations of Maple Leaf Gold Coin?
The Maple Leaf gold coin comes in five sizes with different face values. These sizes include 1/20 oz ($1), 1/10 oz ($5), 1/4 oz ($10), 1/2 oz ($20), and 1 oz ($50). Although the face values are nominal, the actual price of the coin is closely tied to the current gold spot price based on its weight.
Every coin features the same design, with the Queen's head and face value on the front and a maple leaf and weight on the back.
At GOLD AVENUE, you can buy maple leaf gold coins weighing 1 oz and 1/10 oz.
How to Identify Authentic Maple Leaf Gold Coin from Counterfeits?
You can determine a Maple Leaf gold coin’s authenticity by ensuring you buy your coin from a reputable seller.
The Royal Canadian Mint uses state-of-the-art security measures to protect its coins from counterfeiting and theft. You can use the following categories to ensure a gold coin’s authenticity:
- The coins have micro-engraved security marks
- Each coin has unique radial lines that are machined precisely within microns.
- The Royal Canadian Mint and EDGYN SAS have developed Bullion DNA™, which utilizes patented Signoptic® technology to verify the authenticity of coins made after 2014 by matching them to a database.
- The Canadian government backs the coins, adding an extra security level.
How to Store and Protect Your Maple Leaf Gold Coin Collection?
When you buy Maple Leaf gold coins from us, you can store your gold investment in our secure Swiss vaults for free (up to $10,000).
Alternatively, you can choose to have your coins delivered to your doorstep. Each order will be secured and discreetly packaged.
If you choose to keep your coins at home, we recommend that you insure them and handle them with care. Use cotton gloves and keep them inside a clear plastic capsule for extra protection.
What Are the Tax Implications of Buying and Selling Maple Leaf Gold Coin?
Depending on your location and individual circumstance, the tax implications of buying and selling the Maple Leaf gold coins vary. It’s important to check the specific regulation around Capital Gains Tax, VAT, and any exemptions and allowances of your country of residency.
For example, for U.K. investors, British gold coins produced by the Royal Mint are free of Capital Gains Tax. But, unlike U.K. coins which hold legal currency status, other non-U.K. coins are classified as "chargeable assets" and are subject to Capital Gains Tax.
Maple Leaf Gold Coin vs. Other Gold Coins - Which One Offers Better Value for Investors?
The Canadian Maple Leaf, the American Eagle, the British Sovereign, or the South African Krugerrand are all popular investment coins.
The Maple Leaf stands out with its 99.99% purity, higher than the Gold Eagle’s 91.67% and the Krugerrand’s 91.67%. However, the Gold Eagle’s unique design and the Sovereign’s historical significance make them attractive to collectors. The Krugerrand, with its distinctive reddish tint, is another favorite.
However, the value of these coins is primarily influenced by the gold price. Therefore, the best investment choice varies with individual preferences and market trends.