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The Canadian Gold Maple Leaf (GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint. The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold.
The 1-ounce gold bullion coin of 1997 bore the likeness of an RCMP Musical Ride member, its face value was $50, but its guaranteed value was US$310 until January 1, 2000. There was some controversy because some felt that the guaranteed value should have been in the issuing currency.
A Big Maple Leaf measures 2.8 centimetres (1.1 in) thick and 50 centimetres (20 in) in diameter and is 999.99/1000 pure. The obverse of the BML shows Queen Elizabeth II as she has appeared on Canadian coinage since 2003, [5] when Susanna Blunt's design became the third iteration of the queen's effigy to appear on coinage (the others were 1965 and 1990).
The first significant sign was the creation of the two-hundred dollar gold coin. Starting in 1990, this coin was sold for a higher price than its face value. The first coin commemorated the Silver Jubilee of Canada's flag and sold for $395.00. The superstar of this collection would be the Canadian Native Cultures and Traditions coins.
The first Circulation Coin to have this new mint mark is the 10th Anniversary Two-Dollar coin. The first Numismatic Coin to have this new mint mark is the Snowbirds Coin and Stamp Set. [6] T/É; In an effort to push the standard of quality higher, the RCM started to experiment with a gold bullion coin that would have a purity of 99.999%.
Designed by Alex Colville, every coin produced that year featured a creature native to Canada: a rock dove on the 1¢ coin, a rabbit on the 5¢ coin, a mackerel on the 10¢ coin, a lynx on the 25¢ coin, a howling wolf on the 50¢ coin, and a Canada goose on the dollar. A commemorative gold $20 coin was also struck for collectors' sets, with a ...
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