The Canadian Maple Leaf Platinum Bullion Coin was introduced by the Royal Canadian Mint in 1988, composed of 99.95% pure platinum. This coin was launched alongside the Silver Maple Leaf, marking an expansion of the highly popular maple leaf bullion series. The Royal Canadian Mint had already been producing the Gold Maple Leaf since 1979, a coin that quickly became a favorite among global collectors.
The Platinum Maple Leaf coins were issued annually in various sizes until 1999, when the platinum market soared and production was halted. Although the coins briefly returned in 2002, they would not reappear until 2009, at which point they were exclusively minted in the one-ounce size.
One of the primary factors contributing to the widespread popularity of the maple leaf coins is their exceptional purity. The Gold Maple Leaf is minted from 99.99% pure gold, the Silver Maple Leaf from 99.99% pure silver, and the Platinum Maple Leaf from 99.95% pure platinum.
Additionally, each coin’s weight and purity are guaranteed by the Government of Canada, providing buyers with confidence in their investment. The coins are also backed by the Canadian government as legal tender, ensuring they retain at least their face value, even in the event of a downturn in the precious metals market.
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As legal tender, the obverse of each coin features a portrait of Queen Elizabeth II, accompanied by the inscriptions “ELIZABETH II,” the face value, and the year of minting. On the reverse, the iconic maple leaf is displayed along with the inscriptions “CANADA,” “9995 FINE PLATINUM,” the coin’s weight, and “PLATINE PUR.”