Overview
About the Canadian Platinum Maple Leaf
The Platinum Maple Leaf contains one troy ounce of .9995 fine platinum and is legal tender in Canada. The Royal Canadian Mint has not made it every year, so supply comes and goes.
As with most platinum products, fewer dealers stock it than gold or silver Maples, and spreads can be wider.
For background on the metal itself, see our platinum guide.
Reference
Specifications
| Issuer | Royal Canadian Mint |
|---|---|
| Country | Canada |
| First year | 1988. Not issued every year. |
| Type | Bullion coin |
| Metal | Platinum |
| Purity | .9995 fine |
| Gross weight | 31.11 g (1.0002 troy oz) |
| Pure platinum content | 1 troy oz (31.103 g) |
| Diameter | 30 mm |
| Face value | $50 (Canadian) |
| Available sizes | 1 oz (fractional sizes in some earlier years) |
Try it
Melt value calculator
Pre-filled with the latest price. Edit it to try another price.
Melt value
$1,700.51
0.9997 troy oz of pure platinum
Melt value is the metal content at spot. Dealers sell above it (the premium) and usually buy below it. Rare coins can be worth far more than melt.
Pre-set to one Canadian Platinum Maple Leaf. Change the weight to value several coins, or a different size.
Look closer
Design
Design
The reverse shows a single sugar maple leaf.
The obverse carries the reigning monarch's effigy.
Watch out for
What to check when buying
- Wider spreads. Compare buy and sell prices, since fewer dealers trade platinum.
- Check the specs. Weigh and measure, and buy from established dealers.
Retirement accounts
IRA eligibility
Generally yes. At .9995 fine it meets the usual IRA purity standard for platinum. Rules change and custodians set their own lists, so confirm with your IRA custodian before buying.
IRA metal has to be held by a custodian in an approved depository, not at home.
Good to know
Frequently asked questions
How much platinum is in a Canadian Platinum Maple Leaf?
A Canadian Platinum Maple Leaf (1 oz size) contains 1 troy oz (31.103 g) of pure platinum at .9995 fineness, in a coin weighing 31.11 g in total.
What is a Canadian Platinum Maple Leaf worth?
At the latest platinum spot price of $1,701.00 per troy ounce, the metal in one coin is worth about $1,701.00. Dealers sell above melt value (the premium) and usually buy back a little below it.
Can a Canadian Platinum Maple Leaf go in an IRA?
Generally yes. At .9995 fine it meets the usual IRA purity standard for platinum. Rules change and custodians set their own lists, so confirm with your IRA custodian before buying.
How can I tell if a Canadian Platinum Maple Leaf is fake?
Compare it with the published specs: a genuine 1 oz coin weighs 31.11 g and is 30 mm across. Wider spreads. Compare buy and sell prices, since fewer dealers trade platinum. If you're unsure, ask an established dealer to test it.
This page is for general education only and isn’t financial, tax or legal advice. Melt value is an estimate of metal content, not a dealer quote, and prices may be delayed. Check current details with a dealer or a licensed adviser before making decisions.