The 2007 $1 Million Canadian Gold Maple Leaf stands as a symbol of Canada’s commitment to excellence in numismatics. This extraordinary coin, produced by the Royal Canadian Mint, is celebrated for its size, craftsmanship, and unparalleled value. As one of the largest and purest gold coins ever minted, it has earned a prestigious place in the history of collectible coins.
What is the 2007 $1 Million Canadian Gold Maple Leaf?
The 2007 $1 Million Canadian Gold Maple Leaf is a monumental coin created by the Royal Canadian Mint. While its face value is $1 million, its actual gold content makes it worth significantly more. It was initially created as a promotional piece to highlight the mint’s expertise in producing high-quality bullion, but its popularity led to the creation of additional coins for private collectors.
Key Features of the 2007 Gold Maple Leaf
| Feature | Details |
|---|---|
| Year Minted | 2007 |
| Creator | Royal Canadian Mint |
| Material | 99.999% pure gold |
| Weight | 100 kilograms (220 pounds) |
| Diameter | 50 centimeters (19.7 inches) |
| Face Value | CAD $1 million |
| Gold Content Value | Over CAD $6 million (based on market prices) |
The Story Behind the $1 Million Gold Maple Leaf
Why Was It Created?
The Royal Canadian Mint initially produced the coin as a promotional showpiece to highlight its ability to mint 99.999% pure gold coins. Its creation demonstrated both technical skill and Canada’s commitment to producing the finest bullion products.
Limited Production
While the coin was originally a one-of-a-kind creation, its popularity led to the production of five additional copies, making it an exclusive collector’s item.
Design of the Coin
The 2007 Gold Maple Leaf features the classic Maple Leaf design, a hallmark of Canadian bullion coins, along with:
- Obverse: A portrait of Queen Elizabeth II, designed by artist Susanna Blunt.
- Reverse: A highly detailed maple leaf, symbolizing Canada’s national identity.
The design is a testament to the artistry and precision of the Royal Canadian Mint.
Why is the 2007 Gold Maple Leaf So Valuable?
The coin’s immense value comes from:
- Purity: Made of 99.999% pure gold, it is one of the purest coins ever created.
- Size: Weighing 100 kilograms, it is one of the largest gold coins in the world.
- Rarity: With only six coins ever produced, it is incredibly exclusive.
- Market Gold Value: The intrinsic value of its gold content far exceeds its face value.
Famous Sales and Auction Records
One of the 2007 Gold Maple Leaf coins made headlines in 2010 when it was sold for CAD $4 million at an auction. The coin’s gold value has since risen, making it worth even more today.
Security and Theft
In 2017, a 2007 Gold Maple Leaf was stolen from the Bode Museum in Berlin, Germany. Despite its enormous size and weight, the coin was reportedly removed with relative ease. The theft highlighted the immense desirability and risks associated with owning such rare and valuable items.
Conclusion
The 2007 $1 Million Canadian Gold Maple Leaf is a true marvel of numismatic history. Combining immense size, unparalleled purity, and artistic brilliance, it showcases the expertise of the Royal Canadian Mint. Whether as a collector’s item or a symbol of wealth, this extraordinary coin remains one of the most coveted treasures in the world of precious metals.
FAQs
1. How many 2007 Gold Maple Leaf coins exist today?
Only six coins were produced, making it an extremely rare collectible.
2. What is the coin’s current market value?
The coin’s value depends on the current price of gold, but it exceeds CAD $6 million due to its 100 kilograms of pure gold.
3. Why is the coin considered a world record holder?
At the time of its release, it was the largest and purest gold coin ever minted.
4. Can I purchase a 2007 Gold Maple Leaf today?
These coins are privately held and rarely appear on the market, but auctions are the most likely place to acquire one.
5. How was the coin stolen despite its size?
Thieves allegedly used heavy equipment and exploited security flaws in the museum where it was displayed.