The Canadian Maple Leaf Gold Coin

Coins have been used for monetary purposes from ancient times up to now. From the very simple process of hammering pieces of metal on an anvil to the much much more sophisticated methods of minting coins today, gold coins has held the most prestige among coins that were made throughout history.

Gold coins are for the most part made of gold, and unlike in the past, today's gold coins are made mostly to be sold to collectors or used as gold billions. And the one that boasts the most purity of .9999 is the Canadian Maple Leaf Gold Coin, and other special issues are .99999 that virtually does not contain any base metal.

There was a time when Krugerrand was the only available bullion coin which was unfortunately not widely available due to some boycott somewhere in Africa. So in 1979 the Royal Canadian Mint produced the Canadian Maple Leaf Gold Coin.

These Canadian Maple Leafs were minted in different denominations but of course their face value is purely symbolic because these coins' market value is way higher. There has also been other coins minted though not made of gold but of platinum and silver.

And on may 2007 a Gold Maple Leaf with a face value of 1 Million Dollars despite the actual gold amounting to 2 million with 999.999% purity was minted as a show-off piece.

One issue about these gold coins is that the softness of the gold combined with the delicate designs could show handling marks, this issue with them is a standard problem with any pure gold because they are not meant to be handled but kept as investment.