2020 Canadian Platinum Maple 1 oz Coin

Produced by the Royal Canadian Mint (RCM) since 1988, the Maple Leaf is composed of one troy ounce of .9995 platinum with a legal tender of $50. Each coin measures 30 mm in diameter, complete with reeded edges. With various sizes and denominations, the 1 oz Maple Leaf is the largest in the collection. The obverse design features Queen Elizabeth II, the reigning constitutional monarch in Canada. The reverse image depicts the iconic maple leaf, a national symbol of pride for all Canadians. Coins can be purchased individually and arrive in protective, plastic flips. The 2020 Canadian Platinum Maple 1 oz Coin is an exceptional choice for investors and collectors and is guaranteed to diversify any portfolio. Each coin’s purity, weight and content is exclusively guaranteed by the Canadian Government. With four decades of experience, it is no wonder the Royal Canadian Mint has a reputation you can count on. 

Highlights: 

• Celebrate the 2020 release of the iconic Canadian Platinum Maple Leaf
• A great alternative to silver and gold  
• All Platinum Maples have a legal tender of $50
• Contains 1 troy ounce of 99.95% pure platinum bullion
• Individual coins arrive in protective, plastic sleeves
• Weight and purity are guaranteed by the Canadian Government 
• Micro lines and radial engraving added to prevent counterfeit 
• A popular choice among investors and collectors 
• Approved for any precious metal IRA 

History: The 1 oz Platinum Maple Leaf was first struck in September of 1988. Because of the vast popularity and success of its gold counterpart, the Royal Canadian Mint decided to produce silver and platinum alternatives. In that year, the RCM ranked third in platinum production, trailing only to South Africa and the former Soviet Union. The RCM halted the production of the Platinum Maple in 2002, due to a decrease in demand. However, they revived the series in 2009, this time featuring an obverse design modified by Susanna Blunt in 2003. In 2012, the 1 oz Platinum Maple Leaf was considered to be the best selling platinum coin in the world. Its popularity continues today. 

The Mint itself has a deep, rich history. While the first Canadian coins were originally struck in parts of England, the Royal Mint was officially founded in Ottawa in 1908, thanks to the patronage of a handful of British noblemen and women. As the Mint continued to grow, it became overworked and antiquated, but it was not until 1976 that RCM opened the Winnipeg branch. Although discussions for this second offshoot began in the early 1960s, the project was unable to move forward due to political tensions and disagreements. After the strain had settled, and the Winnipeg facility finally opened its doors, the Royal Canadian Mint swiftly began to rise in popularity, building the reputation of excellence it holds to this day. The RCM continues to be one of the most renowned and celebrated mints in the world, producing billions of coins every year for over sixty countries worldwide.

Design: In comparison to some of its other 1 oz competitors, the Canadian Platinum Maple has kept a steady design since its inception in the later 1980s. The obverse features a portrait of Queen Elizabeth II, last updated in 2003. The original effigy was designed by British artist, sculptor and designer Arnold Machin. The image was also used on some New Zealand and Australian currency. Her majesty faces to the right, with “Elizabeth II”, “50 Dollars” and the year “2020” additionally engraved. All 2020 coins will feature the latest portrait of Queen Elizabeth. 

The reverse image features the namesake of the coin and Canada’s national symbol, the maple leaf. The recognition of the maple leaf as a Canadian symbol can be traced back to early explorers who settled near the St. Lawrence River in the mid-19th century. The settlement eventually became what we know as modern-day Montreal. In 1834, Montreal’s first mayor, Jacques Viger, lauded the maple leaf as “the king of the forest”. Since then, it has been an iconic symbol that continues to be a large part of Canadian culture. Inscriptions on the reverse include the word “Canada” as well as the coin’s weight, purity and content. 

Composition: The standard 1 ounce Canadian Maple Leaf is composed of .9995 pure platinum. Each coin is 30 mm in diameter with reeded edges. As always, the purity, weight and composition of all Gold Maples are assured by the Canadian Government. 

Packaging Info: Purchased individually, each Canadian Maple Leaf will arrive in standard, protective flips for your convenience.

Why Buy 2020 Canadian Platinum Maples?

The Royal Canadian Mint has four decades of a solid and satisfactory reputation. Regarded as one of the best mints in the world, the RCM produces billions of coins every year, for themselves and multiple countries across the world. The Canadian Platinum Maple is a great option for investors and collectors based on its remarkable design, recognizability, comparatively low rate. Plus, each Maple Leaf is IRA approved and guaranteed by the Canadian Government. Whether you are just starting to build your portfolio or already have an impressive collection, you can feel confident that the 2020 1 oz Platinum Maple Leaf will add significant worth to your assets. If you have any questions, our team here at Hero Bullion is excited to guide you along in your investment journey. So please, don’t hesitate to reach out!