Citadel Coins offers a wide variety of gold bullion and non-bullion products including: Canadian gold Maple Leafs, gold bars, American gold currency, Canadian gold currency, Newfoundland gold currency, gold Krugerrands, gold sovereigns, foreign gold, and jewelry including diamond rings, necklaces, bracelets, earrings, etc. We are also a major buyer and offer the highest payout for gold bullion and scrap gold in the Halifax area.
Canadian Gold Maple Leaf
Gold Maple Leaf
The Canadian Gold Maple Leaf is the official bullion gold coin of Canada, and is produced by the Royal Canadian Mint. The Gold Maple Leaf is one of the purest gold bullion coins in the world. The first Gold Maple Leaf was produced in 1979 and coins minted from 1979 to October 1982 have a purity of 99.9%. Since November 1982 the regular issue coins have been produced using gold refined to a purity of 99.99%. More recently, special edition 1 troy ounce .99999 pure gold maple leafs have been produced. Gold Maple Leafs are offered in 1⁄20 troy ounce, 1/15 troy ounce (1994 only), 1⁄10 troy ounce, 1⁄4 troy ounce, 1⁄2 troy ounce, and 1 troy ounce weights. The coins have face values of $1, $2, $5, $10, $20 and $50 respectively. The design of the smaller Gold Maple Leaf fractions is the same as the 1 troy ounce coin. The Gold Maple Leaf has the highest premium over the gold spot price when purchasing, due to its popularity and international appeal.
Summary of Regular Issue Gold Maple Leaf
2 Ounce Gold Bar
Gold bars are one of the most basic gold bullion products available. They are produced using refined gold and generally bear a stamp featuring the company which manufactured it. Some of the companies which produce gold bars include Johnson & Matthey (J & M), Scotiabank, Credit Suisse, the Royal Canadian Mint, and the Perth Mint. Gold bars are produced in varying weights including: 1 gram, 100 gram, 1000 gram (1 kilogram), 1 troy ounce, 2 troy ounce, 5 troy ounce, 10 troy ounce, and 100 troy ounce. Generally the purity of a gold bar is at least 99% or higher and it has no face value.
Canadian Gold Currency
The Royal Canadian Mint intended on making four different denomination gold coins in 1908 when the Mint first opened but this was not the case. Gold coins were not introduced until 1912 and only two were produced in $5 and $10 denominations. The gold coins were minted until 1914 when the First World War halted production. The coins are struck in 90% pure gold with the $5 gold weighing 8.36 grams (0.2419 troy ounces pure gold) and the $10 gold weighing 16.72 grams (0.4839 troy ounces pure gold).
British Gold Sovereign
The British Gold Sovereign was first issued in 1489 for Henry VII of England and is still in production today. While the coin typically had a nominal value of one pound sterling or 20 shillings, the sovereign is primarily an official piece of bullion with no face value. The name "sovereign" comes from the large size and portrait on the coin. Sovereigns are 91.67% pure (22 karat) and weigh 7.9881 grams. The amount of pure gold in a sovereign is 7.3224 grams or 0.2354 troy ounce.
Newfoundland Gold Currency
Newfoundland began to issue its own decimal currency in 1865 and continued until joining Canada in 1949. The Newfoundland gold 2 dollar coin was issued in 1865, 1870, 1872, 1880, 1881, 1882, 1885, and 1888. It was the only circulation gold coin issued by a British colony. Although few coins were issued, it was broadly used in Newfoundland and Eastern Canada and continues to be collected numismatically and for its gold content. Newfoundland gold coins weigh approximately 3.33 grams and are 91.7% pure (22 karat).
USA Gold Currency
The gold eagle is a base unit of denomination issued for gold coinage by the United States Mint. It has been obsolete as a circulating denomination since 1933, the year when gold was withdrawn from circulation and the gold standard was discontinued. The gold eagle serves as the base unit for the 1/4 eagle, the 1/2 eagle, and the double eagle. Starting in 1837 the gold eagle was produced using 90% pure gold weighing 16.718 grams (0.48375 troy ounces). The 1/4 eagle, 1/2 eagle, and double eagle are proportional to this base unit. For example the 1/2 eagle weighs half of what an eagle weighs.
Foreign Gold Currency & Medals
There are many countries around the world which produce gold bullion coins or have produced gold currency or medals in the past. They are various denominations, weights, purities, and sizes. Some of these gold coins are pictured above including (from left to right) a 50 Crowns coin from Turks and Caicos, a 25 Yuan coin from China, a 20 Mark coin from Germany, a gold medal from the Empire of Iran, and a 100 Ruble Olympic coin from the former Soviet Union. The Chinese Gold Panda is issued by the People's Republic of China and was first introduced in 1982. The panda design changes every year (with a single exception) and the Gold Panda comes in different weights and denominations, including 1/20 troy ounce, 1/10 troy ounce, 1/4 troy ounce, 1/2 troy ounce, and 1 troy ounce. The Gold Pandas contain 99.9% pure gold.