Today, Sept. 24, 2014, the Royal Canadian Mint introduced a new addition to its portfolio which features 50c Gold Maple Leaf bullion coins in a 1 gram size.
Dubbed the Maplegram25™ as the Mint sells them grouped in a quantity of twenty-five, each coin shares the designs, 99.99% fineness and bullion finish of the traditional Canadian Gold Maple Leaf which has been around since 1979.
"The Mint’s new Maplegram25™ product gives investors a novel way to purchase Gold Maple Leaf bullion coins in a highly liquid format that preserves and celebrates all the trademark qualities of the Maple Leaf brand," said Marc Brûlé, Interim President and CEO of the Royal Canadian Mint.
Coins are packaged in a divisible blister card with each serialized for added security and authenticity. The card slides into a protective sleeve that bears an assay certificate guaranteeing the coins’ purity and weight.
The Royal Canadian Mint does not sell bullion coins directly to the public. Instead, they are sold in large volumes to bullion distributors who resell them for a small premium above the market value of their precious metal content. The Mint produces MapleGram25’s to demand.
Kitco Metals (www.kitco.com) is currently selling the MapleGram25™ for US $1,108.99 with a bulk discount of $1,103.99 each for 10 or more.