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Overview
The Royal Canadian Mint calls its gold Maple Leaf coin “international symbol of purity” because it is 99.99% pure gold. First minted in 1979 as 0.999 fine gold, it has been 0.9999 fine since 1983. Because of their purity, gold Maple Leafs scratch more easily than less-pure bullion and should be handled carefully.
Design
The obverse shows a bust of Queen Elizabeth II, whose appearance was updated in 1990 to feature the more mature monarch. In both versions, “ELIZABETH II” is at top, with the denomination and issue date at bottom.
The reverse depicts a maple leaf, the national symbol of Canada, hence the coin’s name. The reverse also has “CANADA” and the gold amount and purity in English and French, the official languages of Canada.
Minting
The Royal Canadian Mint, the nation’s official mint, was the first mint in the world to commercially produce 99.99% bullion gold coins. More recently, it also became the first mint to produce a 99.999% gold coin. The Ottawa branch of the Mint has been in operation since 1908. The main branch for production today is Winnipeg.
Quality Guarantee
The government of Canada guarantees the purity, weight and legal tender value of Canadian gold Maple Leaf coins. For this reason, gold Maple Leafs have been highly regarded by international investors since their 1979 introduction.
Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Premium coins are sold for more than the spot price of the precious metal they contain. Augusta's sale prices and buy-back prices are determined and controlled by Augusta. The value assigned to the coins you purchase at any given time may vary from retailer to retailer and Augusta cannot guarantee another retailer will value the coins at the same rate as Augusta would in any given circumstance. Augusta cannot guarantee buy-back of any item it sells and cannot guarantee another retailer will purchase coins purchased through Augusta. Augusta cannot guarantee another retailer will value a premium coin at the same rate as Augusta would in any given circumstance. In a worst case scenario, you might have to sell your precious metals at “melt value,” which is the value of the products determined solely by their intrinsic metal content, which could result in a significant loss. This purchase is speculative. Any opinions offered by Augusta are Augusta's opinions and not to be relied on by anyone for any purpose. Seek your own legal, tax, investment, and financial advice before opening an account with Augusta. Augusta’s content may contain errors, Augusta is not qualified to offer legal, tax, investment, or financial advice. You should not base any purchasing decisions on the content Augusta provides. All decisions regarding the purchase or sale of precious metals, including the decision of which precious metals to purchase or sell, are your decisions alone. Precious metals investment involves risk and is not suitable for all investors. You should carefully consider your investment objectives, level of experience and risk appetite before making a decision to purchase Augusta products.
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