Wednesday, October 22nd, 2014 MST

Canadian Platinum Maple Leafs

Canadian Platinum Maple Leaf bullion coins (1-oz) are one of only three legal tender platinum coins being produced, the others being the U.S. Mint’s Platinum Eagles and the Perth Mint’s 1-oz Platypus.  Platinum Maple Leafs are .9995 fine, have a face value of C$100 but sell at prices that reflect the value of their platinum content, not their face values.

The obverse (front) bears the image of Queen Elizabeth II, and the reverse carries an outline of the Maple Leaf, Canada’s national emblem.  The Royal Canadian Mint ships 1-oz Platinum Maple Leafs ten coins to a tube. Earlier Platinum Maple Leafs were packaged in vinyl sleeves, but sometimes they are out of their original packaging.

Other platinum bullion coins

Perth Mint 1-oz Platypus are available but carry slightly higher premiums than Platinum Maple Leafs.  In 2014, the U.S. Mint starting producing Platinum Eagles for the first time since 2009.

Several different platinum coins have been struck over the last thirty years and are sometimes available in the secondary market.  (The secondary market is the resale market for individuals.  When products are from the secondary markets, they have been previously owned by other investors.  When products are obtained from mints or refineries (or their authorized distributors), they are from the “primary market.”)

Often older coins that are no longer being produced are for sale on our Gold Specials Page,usually in small quantities.   Notable platinum coins that show up in the secondary market include the US Mint’s American Platinum Eagles, Isle of Man Nobles, Perth Mint Koalas and some Russian coins.

Johnson Matthey, one of the world’s best known precious metals refineries, produces 1-oz platinum bars, which carry the lowest premiums of the platinum 1-oz pieces now being manufactured.

Buying platinum bullion

If you would like to know more about buying platinum bullion, call us at 800-528-1380.  We take calls 7:00 am to 5:00 pm, Mondays through Fridays.

For more information about doing business with CMI Gold & Silver Inc, visit our page Doing Business with CMIGS.