The Royal Canadian Mint has released a new entry-level bullion coin, the gold maplegram. Introduced on Sept. 24, the one-gram gold coin has the same design as other members of the gold maple leaf (GML) family, but has a face value of just 50 cents. As with other gold maples, it has a purity of .9999. The coins are struck in the same bullion finish of brilliant relief against a parallel lined background. The tiny coins have a diameter of eight mm. There is no mintage limit, as most bullion coins are stuck to meet demand. The size makes the maplegram the smallest Canadian gold coin in terms of diameter, compared to the 25-cent wildlife coins, which are 11 mm across. However the new coins are twice the weight of 25-cent coins, which weighs just half a gram. The result makes the maplegram comparably thicker, approximately 1.4 mm. Continue reading →
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Ever since the Royal Canadian Mint (RCM) started selling gold and silver on the commodities market they have been required to file additional reports. Such reports, intended to inform people buying those popular Exchange Traded Receipts (ETR), are not packed with the sort of detail that collectors would love, such as detailed monthly coin mintages, but it does give us a bit of a sneak peek into what is going on, without having to wait for the annual report.
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