Canadian Platinum Maple Leaf Bullion Coins

February 3, 2010

1-oz Canadian Platinum Maple Leaf coins are now available. The U.S. Mint has not made any Platinum Eagles since early 2009.


Canadian Platinum Maple Leaf bullion coins were readily accepted right along wit American Platinum Eagle bullion coins when interest in platinum coins heated up in the late 1990s. However, as platinum prices soared above $2,000 in 2007, platinum investors backed away from the market.

Actually, many investors who had bought when platinum prices were lower became sellers.  As a result, few backdated platinum bullion coins from any mint are available today.  When backdated platinum coins are available, they usually sell at lower prices than current year coins.

When platinum bullion coin investors want to buy platinum, CMIGS obtains a live price for platinum to give investors up-to-the-second prices.  The minimum order for platinum is ten ounces.  Prices for platinum coins are obtained by adding to the Mint's price a wholesaler's markup and CMIGS' markup.  The retail prices for platinum products run in the 7% range, depending on quantity.  Purchasers of large quantities buy at lower prices than buyers of small quantities.

Fractional-ounce Platinum Maple Leafs are not yet being minted.  When they are, prices on a per-ounce basis will be much higher than for 1-oz coins.

The Royal Canadian Mint ships 1-oz Platinum Maple Leafs in tubes, ten coins to a tube. Backdated Platinum Maple Leafs, and backdated coins from other mints, often are packaged in vinyl sleeves.

Maple Leafs are .9995 fine, are legal tender, and sell at prices that reflect the value of their platinum content, not their face values.

As noted here, CMIGS has 1-oz Platinum Maple Leafs for sale.  At times, we have other forms of platinum for sale.  If you would like to know which platinum bullion coins for sale we have,  give us a call.