Precious Metals

Canada upgrades finish on gold bullion Maple Leaf coins

Canada’s gold bullion coins are adopting a new look, officials of the Royal Canadian Mint announced Dec. 16.

Beginning with 2015 gold coins (which became available the same day as the announcement), the Maple Leaf gold coins feature a Radial Line Finish. The same finish was adopted for the silver Maple Leaf coins in 2014. According to the RCM, the finish is created from an “array of precisely machined lines radiating from the coin’s central maple leaf design at a width and pitch which creates a light-diffracting pattern.”

In addition, the RCM added a micro-engraved laser mark to the 2015 Maple Leaf gold coins as a security measure. The laser micro-engraving shows a textured maple leaf incorporating the numeral “15” to denote the coin’s year of issue.

The gold Maple Leaf was introduced in 1979 (as .999 fine), and in 1982 it became the world’s first gold bullion coin struck to .9999 fineness. 

The Canadian bullion program has been expanded several times since 1979, with the Canadian Birds of Prey silver bullion coins the most recent extension (2014 coins featuring the peregrine falcon and bald eagle began the series). The third coin in that program will be announced in early February in Berlin during the World Money Fair. 

In keeping with a distribution model common to the world’s major issuers of bullion coins, the Royal Canadian Mint does not sell bullion directly to the public but instead uses a tiered distribution model with bullion dealers buying and selling the coins to the public.

For more information about the RCM’s bullion program, visit its dedicated website.

Keep reading about world coins:

Big Ben silver £100-for-£100 coin sells out from Royal Mint

British trade coinage for Indies predates American Trade dollar by 170 years

Rough-Scaled Python $1 penultimate issue in Perth Mint series

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