![]() ![]() ![]() Still, buyers do not like to receive damaged coins. Damaged Gold Maple Leafs do not mean a loss of gold they contain an ounce of gold regardless of the scratching or rim nicks. Silver maple leaf plus#Gold Maple Leafs, like the Gold Eagles and the Krugerrands, are bullion coins, which trade for the value of their gold content, plus small premiums. By paying only “melt,” wholesalers can profitably resell the coins for industrial or jewelry purposes if no buyers are found for the coins. The problem has become so widespread that many wholesalers bid only “melt” for Gold Maple Leafs, regardless of their condition. Should a Gold Maple Leaf be dropped, rim damage is almost guaranteed.Īs Gold Maple Leafs have been sold into the secondary market, damaged coins have become such a problem that Gold Maple Leafs have lost popularity with investors. Then there is the problem with investors who like to “heft” their coins “to get a feel of them.” If they put four or five Gold Maple Leafs in the palms of their hands and “clang” them, the damage can be quite severe. When the coins are reinserted in their tubes, the milled edges often scratch the fields. The problem arises from the coins’ really sharp milled (reeded) edges. The backs have the outline of a maple leaf, hence the coins’ names. Gold Maple Leafs carry the image of Queen Elizabeth II on the front, with a flat, clear field alongside the image. Further, if the persons inspecting the coins do not know how easily the Gold Maple Leafs are damaged, needless damage often occurs while the coins are out their tubes. Further, because of the design of the coins and the tight-fitting tubes, it is difficult to remove, inspect, and reinsert 1-oz Gold Maple Leafs in their tubes without scratching the coins.Īctually, reinserting Gold Maple Leafs without at least some scratching is nearly impossible. Because Maple Leafs are 24-karat, pure gold, they are “soft,” relative to alloyed gold coins, such as American Gold Eagles and Krugerrands. Since inception, 1-oz Gold Maple Leafs have been packaged ten to a tube. The changes appear to be good moves, which should increase sales of Silver Maple Leafs and help keep Gold Maple Leafs the preferred pure (.9999 fine) gold bullion coins. Gold Maple Leafs debuted in 1979, Silver Maple Leafs in 1988. Gold Maple Leafs and Silver Maple Leafs are receiving packaging makeovers, changes clearly mandated by investor disfavor with packaging that the Royal Canadian Mint has used since the coins were introduced. Gold and Silver Maple Leafs Get New Packaging ![]()
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