Why add the 2016 Canada $50 1 oz. Platinum Maple Leaf in GEM BU to your collection?
This 2016 Canada $50 1 oz. Platinum Maple Leaf coin ships to you in GEM BU condition. This platinum Maple is a great way to diversify your precious metals stack!
The Canadian 1 oz. Platinum Maple Leaf appeals to collectors and stackers across the globe. The Platinum Maple Leaf coins were introduced on September 22, 1988 by the Royal Canadian Mint.
The obverse of the coin has the right facing profile portrait of Her Majesty, Queen Elizabeth II, designed by Canadian Artist Susanna Blunt. Also featured are the inscriptions “Elizabeth II” and “50 Dollars” along with the year 2016 around the outer rim of the coin.
The reverse of the coin features the familiar Canadian Maple leaf design. Advances in minting technology at the Royal Canadian Mint have rendered highly detailed raised devices on these coins. Inscriptions include “Canada” “.9995” and “Fine Platinum 1 oz. Platine Pur” along the reverse rim.
Each legal tender Canadian Platinum Maple leaf $50 coin contains 1 oz. of .9995 fine Platinum. Originally between 1988 and 2001 Canadian Platinum Maple Leafs were offered in many fractional sizes in addition to the standard one ounce size. The series was discontinued in 2001. In 2009 the Platinum Maple Leaf was reintroduced in only the one ounce size.
Platinum coins typically sport lower mintages than their gold and silver counterparts.
|Year of Issue:||2016|
|Weight in Grams:||31.1 g|
|Weight in Ounces:||1 oz|
|Mint:||Royal Canadian Mint|
As reported by Mining.com, investors saw a quick jump in prices (+1.6% to $1,058.70/oz) yesterday in the platinum market and it had nothing to do with demand, but rather supply.
What I find amazing are the almost daily increases in the gold ETFs, now sitting at a new 2016 high of 59,849,362 ounces.
This article contains some of the more interesting headlines as of late.