2012 .99999 Gold Maple Leaf Bullion Coin Marks Anniversary

by CoinNews.net on August 17, 2012 · 0 comments

A new investment-grade 2012 Canadian Gold Maple Leaf bullion coin celebrates the fifth anniversary of the Royal Canadian Mint’s 100-kilo gold "Million Dollar Coin."

2012 .99999 Canadian Gold Maple Leaf bullion coin

2012 .99999 Canadian Gold Maple Leaf bullion coin

Struck to 99.999% purity, the one-ounce Gold Maple Leaf bullion coin will be produced to demand.

It features a design that first appeared on the Mint’s 100-kilo coin in 2007, the same one that set a record as the largest gold coin in the world and remains unmatched for its purity.

"The Royal Canadian Mint understands that best-in-class quality, purity and innovation are essential to sustaining demand for its gold and silver bullion products," said Ian E. Bennett, President and CEO of the Royal Canadian Mint.

Bennett noted that Gold Maple Leaf bullion coins are "perennial marketplace favorites," saying they "continue to stand out for their uncompromising excellence."

Reverses of the 2012 Gold Maple Leaf bullion coin feature a three leaf maple design by Senior Mint Engraver Stan Witten. The obverse bears the effigy of Her Majesty Queen Elizabeth II by Canadian portrait artist Susanna Blunt.

This year’s release marks the fifth annual installment from the 99.999% pure gold series. They are produced at the Mint’s Ottawa facility, the location responsible for striking all Royal Canadian Mint gold bullion products and collector coins.

The Royal Canadian Mint introduced its first bullion coin for investors in 1979. They have never sold bullion coins directly to the public. Instead, the Mint sells them in large volumes to bullion distributors who resell them for a small premium above the market value of the precious metal they contain.

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