Canadian Palladium Maple Leaf Coins

palladium coin icon Canada flag icon Palladium Maple Leafs - the Royal Canadian Mint's first palladium product

The Canadian Palladium Maple Leafs were the latest addition to the Royal Canadian Mint's Maple Leaf coin series. Production started in 2005 but has been irregular with the exception of the first three years of continuous production. The coins are minted out of 99.95% fine palladium. Between 2005 and 2007, the coins were the first regularly issued palladium bullion coins. The Palladium Maple Leafs were also the Royal Canadian Mint's first-ever palladium product.

The coins are only available with a brilliant uncirculated finish in the single available denomination of 1 oz. Their official face value is CAD $ 50 and they have legal tender status in Canada. The government of Canada guarantees the coins' weight, purity and face value. The Canadian Palladium Maple Leaf coins are fully approved to be included in Individual Retirement Accounts (IRA's).

reverse side of the 2015 issue of the brilliant uncirculated 1 oz Canadian Palladium Maple Leaf coin
obverse side of the 2015 issue of the brilliant uncirculated 1 oz Canadian Palladium Maple Leaf coin

Coin Specifications

Weight Face Value Purity Diameter x Thickness
1 oz CAD $ 50 99.95% 33 x 2.87 mm

Design

All coins of the Canadian Maple Leaf series bear the same design, no matter which kind of precious metal they are made of. A single maple leaf as a kind of national symbol of Canada takes up most of the space in the center of the reverse side of the coins. The leaf is intricately etched and radial lines that were introduced as a new security feature in 2015 surround it. The space above the leaf is taken up by the word "CANADA" and the coin's denomination and purity information appear to the side and below the leaf. A smaller maple leaf appears as a privy mark above the denomination. It has the last two digits of the year of mintage laser-engraved on it. These counterfeiting measures that can be found on the gold, silver and platinum version of the Canadian Maple Leafs as well make the coins nearly impossible to fake.

The obverse side of the Canadian Palladium Maple Leafs features Queen Elizabeth II in a right-facing portrait. The portrait was designed by the artist Susanna Blunt and shows the British monarch as a 79-year-old. The gold, silver and platinum version of the coins that were all introduced much earlier featured two different portraits of a younger Queen before. However, since the palladium coins were only introduced in 2005, they always used the same 3rd portrait of Queen Elizabeth II. "ELIZABETH II" is engraved above her majesty's image and the coin's face value and year of mintage are engraved below it.

History

The Royal Canadian Mint introduced the Canadian Palladium Maple Leaf coins only in November 2005. At that time, the gold, silver and platinum version had already been minted for a long time. Nevertheless, the Palladium Maple Leafs were the first ever palladium product of the Royal Canadian Mint. They were also the world's first regularly issued palladium coins since they were minted continuously between 2005 and 2007. After that, the coins were minted again in 2009 and 2015. That last year also saw the introduction of two new security features, radial lines as well as a special privy mark with the laser-engraved year of mintage. Whereas the gold and platinum Maple Leaf versions are/were offered in a variety of denominations, Palladium Maple Leafs only exist as 1 oz coins.

Mintages

The mintage total of 2015 Canadian Palladium Maple Leafs hasn't been disclosed yet by the Royal Canadian Mint. Currently, the highest annual mintage were the 68,707 coins that were minted in 2006. The mintage low were the 25,109 coins that were minted the following year. Of this total 2007 mintage, 9,694 coins couldn't be sold that year. That's why no new coins were minted in 2008. The remaining stockpile of 9,694 coins (that were minted in 2007) were then all sold in 2008.

Only 40,000 of the 65,000 Palladium Maple Leafs that were minted in 2009 were sold that year. The remaining 25,000 coins were then sold in 2010.

reverse side of the 2017 issue of the brilliant uncirculated 1 oz Canadian Gold Maple Leaf coin
obverse side of the 2017 issue of the brilliant uncirculated 1 oz Canadian Gold Maple Leaf coin

Canadian Gold Maple Leafs

The Canadian Gold Maple Leaf coins are produced by the Royal Canadian Mint in a wide variety of denominations since 1979. The 99.99% pure coins count among the most popular gold bullion coins worldwide (99.9% purity between 1979 and 1981). Some special editions of the Canadian Maple Leaf gold coins are even minted out of 99.999% pure gold. Radial lines as well as a textured maple leaf privy mark also makes the coins extremely hard to counterfeit. The Canadian Gold Maple Leafs are available with brilliant uncirculated and proof finishes in a wide range of denominations between 1 gram and 1 oz.

The Canadian Gold Maple Leaf page gives more information about the coins and allows you to compare current prices.

reverse side of the Canadian Silver Maple Leaf coin
obverse side of the Canadian Silver Maple Leaf coin

Canadian Silver Maple Leafs

The Canadian Maple Leaf coins are also produced out of silver since 1988. The legal tender coins with a face value of CAD $ 5 have the same design as the gold version of the coins. Whereas most other silver bullion coins are 99.9% pure, Canadian Silver Maple Leafs are minted out of 99.99% pure silver. That is a major reason why Silver Maple Leafs count among the most popular silver bullion coins worldwide. Only one denomination of 1 oz is offered by the Royal Canadian Mint for now. The standard brilliant uncirculated finish has been upgraded in 2014 and includes radial lines from the coin's center as well as a micro-engraved laser mark since then.

The Canadian Silver Maple Leaf page gives more information about the coins and allows you to compare current prices.

reverse side of the Canadian Platinum Maple Leaf coin
obverse side of the Canadian Platinum Maple Leaf coin

Canadian Platinum Maple Leafs

The Royal Canadian Mint produced the 99.95% fine Canadian Platinum Maple Leaf coins from 1988 - 1999 and in 2002 in the denominations of 1 oz (face value CAD $ 50), 1/2 oz (CAD $ 20), 1/4 oz (CAD $ 10), 1/10 oz (CAD $ 5) and 1/20 oz (minted since 1993, CAD $ 1). Only in 1994 was a 1/15 oz coin (CAD $ 2) produced as well. The Canadian Platinum Maple Leafs made a comeback in 2009 but are since then only produced in the 1 oz denomination with brilliant uncirculated and proof (including reverse proof) finishes. They were the world's best selling platinum coins in 2012. Radial lines and a micro-engraved privy mark were introduced as counterfeiting measures in 2015.

The Canadian Platinum Maple Leaf page gives more information about the coins and allows you to compare current prices.