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Canada Gold Maple Leaf

1993 1/20th Oz Gold

24 Carat Gold

The Gold Maple Leaf was launched in 1979 and is produced by the Royal Canadian Mint and was the first world mint to commercially produce 99.99% pure gold. At that time, the only regularly issued gold bullion coin available in the world was the South African Krugerrand which is struck in 22 Carat gold. The high purity levels of the Maple Leaf coins proved to be extremely popular with collectors and investors worldwide. Only a few years after its initial introduction, the Maple Leaf gold coin was outselling the Krugerrand.
The Government of Canada guarantees its gold content and purity. The Gold Maple Leaf is legal tender in a country well-known for its stability, independence, and freedom. Gold Maple Leaf bullion coins come in five sizes ranging from 1 oz. to 1/20 oz.
Collectors should note that although the Canadian Mint is highly regarded for the excellent standard of its collector coins, it seems this does not extend to its bullion issues. The lines running vertically through the fields of this coin, (highlighted by the photography), are not the result of poor handling or some misguided cleaning attempt but are how these coins are made. Whilst the lines do not appear as strong when holding the coin in hand, they are quite prominent. These are also present on the silver bullion issues, it would appear that the smaller the coin the more prominent the lines.

1993 1/20th Oz Canada Gold Maple Leaf Reverse

1993 1/20th Oz Canada Gold Maple Leaf Obverse
Mintage
37,080

1993 was the first year that the 1/20 oz coin was produced
The obverse features the crowned effigy of Queen Elizabeth II facing right designed by Raphael Maklouf with the denomination of 1 Dollar and the date 1993 below.
The reverse has a Maple leaf , being the national symbol for Canada, flanked by the purity, encircled by "CANADA FINE GOLD 1/20 OZ OR PUR".


Specifications


Sources

Composition: .9999 Gold
Gold Content: 0.050 oz
Edge: Reeded
Weight: 1.555 grams
Size: 14.1 mm
Chard Tax Free Gold

Worldwide Numismatics Website

Gold Coins of the World
From 600AD to Present

Robert Frieburg, Arthur and Ira S. Friedburg
1980
The Coin and Currency Institute, Inc.
116 West 32nd Street
New York, 10001


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