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Business Definition for: maple leaf
Dictionary of Finance and Investment Terms
maple leaf

bullion coin minted by the government of Canada in gold (99.99% pure), silver (99.99% pure) and platinum (99.95% pure). The gold and platinum coins are available in one ounce, one-half ounce, one-quarter ounce, one-tenth ounce, one-fifteenth ounce and one-twentieth ounce sizes. The silver coin is available only in the oneounce size. The Maple Leaf is actively traded throughout the world along with the American Eagle, South African Kruggerand, and other coins. The Maple Leaf usually sells at a slight premium to the bullion value of the coin.

See also gold coin
Related Terms:
gold coin

coin minted in gold. Bullion coins are minted by governments and are traded mostly on the value of their gold content. Major gold bullion coins include the American Eagle, the Canadian Maple Leaf, the Mexican Peso, the Australian Kangaroo, and the South African Kruggerand. Other gold coins, called numismatic coins, are minted in limited quantity and trade more on the basis of their aesthetic value and rarity, rather than on their gold content. Numismatic coins are sold at a hefty markup to their gold content, and are therefore not as pure a play on gold prices as bullion coins.

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