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On 3 May 2007, the Royal Canadian Mint unveiled a Gold Maple Leaf coin with a nominal face value of $1 million and a metal value of over $3.5 million, referred to as a Big Maple Leaf. [ 5 ] [ 6 ] It measures 50 cm in diameter by 3 cm thick and has a mass of 100 kg , with a purity of 99.999%.
A Big Maple Leaf measures 2.8 centimetres (1.1 in) thick and 50 centimetres (20 in) in diameter and is 999.99/1000 pure. The obverse of the BML shows Queen Elizabeth II as she has appeared on Canadian coinage since 2003, [5] when Susanna Blunt's design became the third iteration of the queen's effigy to appear on coinage (the others were 1965 and 1990).
As a stunt to publicise the 99.999% pure one-ounce Canadian Gold Maple Leaf series, in 2007 the Royal Canadian Mint made a 100 kg 99.999% gold coin, with a face value of $1 million, and now manufactures them to order, but at a substantial premium over the market value of the gold. [3] [4]
Though typically not measured by pounds, seeing as 12 troy ounces equals a troy pound, and taking the current value of an ounce of gold as of Oct. 26, 2023, into account, a 1-pound gold bar would ...
A troy ounce equals 1.097 standard ounces, or about 10 percent more, and it’s the standard measure for the weight of gold. A pound is equal to 16 standard ounces, so even a small amount of gold ...
Canadian 10 dollar gold coin. The Currency Act of 1910 provided for gold coins to be issued in denominations of $2.50, $5, $10 and $20. [4] However, the Ottawa Branch of the Royal Mint only issued $5 and $10 pieces, with gold patterns first struck in 1911. [5]
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