The Canadian Maple Leaf is one of the purest gold coins in the world: 999.9‰ (24 carats). The 1-ounce version contains 31.10 g of fine gold. Prized by investors, it's bought back close to spot. Here are its specs, how to estimate its value and sell it.
Issued by the Royal Canadian Mint since 1979, the Maple Leaf shows a maple leaf and exceptional purity: 999.9‰, i.e. 24 carats. The 1-ounce version weighs 31.10 g of pure gold; fractions also exist (1/2, 1/4, 1/10, 1/20 oz).
Its 24-carat purity is an asset when buying (maximum gold), but pure gold is soft: the Maple Leaf scratches and marks more easily than a 22-carat coin. Handle it with care and keep it in its capsule; scratches can reduce the resale premium.
Intrinsic value = 31.10 g × the day's gold rate (for the 1 oz). The premium on modern investment coins is generally moderate. Compare buy-back rates and check the rate (see understanding the gold rate). See also investment gold coins.
For the 1-ounce version, the intrinsic value is 31.10 g × the day's gold rate, plus a generally moderate premium. Compare several buy-back rates for the best price.
999.9‰, i.e. 24 carats: it's one of the purest gold coins on the market. This pure gold is, however, softer and scratches easily.
It's a highly recognised, liquid investment coin, bought back close to spot. Its 24-carat purity simply requires careful handling to preserve its resale premium.