by | Feb 3, 2024 | History, Numismatics

Gold bullion coin investors instantly took to Canadian coin – Gold Maple Leaf in 1979 when they were introduced to compete with gold Krugerrands, whose tremendous success had proven a strong demand for gold bullion coins.

Because Gold Maple Leaf coins were .999 fine gold, they achieved instant popularity with those gold bullion coin investors who wanted pure gold coins. Unfortunately, the purity and the designs of 1-oz Gold Maple Leaf coins have caused them to fall into disfavor in the gold bullion coin market.

Pure gold is soft, and for that reason gold coins in the Western world have traditionally been alloys, as have been all US gold coins. Still, the Royal Canadian Mint wanted Canadian Gold Maple Leaf coins to be different from Krugerrands and opted for pure gold coins.

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Jon Lerner

Jon Lerner, Scarsdale Coin president, is a recognized expert in the numismatist field. Jon has spent over 30 years collecting and evaluating coins. He is often sought out by fellow coin collectors for his advice and knowledge of rare coins.

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Jon Lerner, a renowned figure in numismatics, discovered his passion for rare coins in his Scarsdale, New York upbringing. With a keen eye for quality, he founded Scarsdale Coin in 1985, quickly establishing it as a premier destination for collectors. Beyond dealing, Jon is a respected speaker and prolific writer, sharing his expertise with enthusiasts worldwide. His commitment to integrity and professionalism has earned him admiration throughout the numismatic community. Jon remains dedicated to enriching collectors' experiences and preserving the legacy of rare coins for future generations.