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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).
The 1-ounce gold bullion coin of 1997 bore the likeness of an RCMP Musical Ride member, its face value was $50, but its guaranteed value was US$310 until January 1, 2000. There was some controversy because some felt that the guaranteed value should have been in the issuing currency.
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 ...
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
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 ...
Gold Fields – produced 2.2 million ounces of gold in 2013, down from 3.254 million ounces on the year ended June 30, 2012; 2011 production [82] roughly the same as 2010. [83] Its largest new mine has the potential to produce at a rate of 1 million ounces annually (though it produced 175,000 in 2009). [84]
Gold seems safe, but it's value is subject to fluctuation. ... As of this writing, multiple media outlets are reporting that the 1-ounce bars retail for around $2,000 each, with a limit of two per ...