The 1oz Gold Maple Leaf coin is a highly popular and widely recognized bullion coin minted by the Royal Canadian Mint. Here’s a description of the coin:
- Design: The front side, or obverse, of the Gold Maple Leaf coin features the effigy of Queen Elizabeth II, the current reigning monarch of Canada. The design may vary depending on the year of production. The reverse side, or the back, of the coin showcases the iconic Canadian Maple Leaf, a national symbol of Canada known for its intricate details and stunning beauty.
- Purity: The 1oz Gold Maple Leaf coin is made of 99.99% pure gold, which is the highest level of purity available in bullion coins. This level of purity makes it highly desirable among collectors and investors.
- Weight and Size: The coin weighs exactly 1 troy ounce (31.1035 grams) of pure gold. It has a diameter of 30 millimeters (1.18 inches) and a thickness of 2.8 millimeters (0.11 inches).
- Legal Tender: The Gold Maple Leaf coin carries a face value denominated in Canadian dollars. However, the actual value of the coin primarily depends on the market price of gold and its gold content. The face value is relatively low compared to the intrinsic value of the gold it contains.
- Security Features: To prevent counterfeiting, the Royal Canadian Mint incorporates several security features into the Gold Maple Leaf coins. These features include micro-engraved radial lines, a laser-engraved maple leaf privy mark, and a textured maple leaf bullion finish.
- Packaging: The 1oz Gold Maple Leaf coin typically comes in protective plastic capsules to preserve its condition and prevent scratching. It may also be packaged in tubes containing multiple coins or in larger boxes for bulk purchases.
Overall, the 1oz Gold Maple Leaf coin is renowned for its purity, intricate design, and high-quality production. It is a sought-after investment and a popular choice among collectors and bullion enthusiasts worldwide.
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