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Canadian Palladium Maple Leaf
The Canadian Palladium Maple Leaf is the official bullion palladium coin of Canada. It is issued by the Royal Canadian Mint in .9995 purity. The coins have legal tender status in Canada, but as is often the case with bullion coins, the face values of these coins is lower than the market price of the material they are made from. Unlike the gold, silver and platinum maple leaf series, the palladium maple leaf is subject to the GST/HST tax. The newest member of the Maple Leaf family of pure bullion coins, the palladium Maple Leaf, was first minted in November 2005.The Royal Canadian Mint produced the first government issued palladium bullion coin from 2005 to 2007, and then for a further one-off year in 2009. They were reintroduced in 2015 and have been produced every year since. See also *Canadian Gold Maple Leaf * Canadian Silver Maple Leaf * Canadian Platinum Maple Leaf *American Palladium Eagle The American Palladium Eagle is the official palladium bullion coin of the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Dollar
The Canadian dollar ( symbol: $; code: CAD; french: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, there is no standard disambiguating form, but the abbreviation Can$ is often suggested by notable style guides for distinction from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a common loon on its reverse, the dollar coin, and sometimes the unit of currency itself, are sometimes referred to as the ''loonie'' by English-speaking Canadians and foreign exchange traders and analysts. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth-most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems. Histo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palladium
Palladium is a chemical element with the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). They have similar chemical properties, but palladium has the lowest melting point and is the least dense of them. More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into nontoxic substances (nitrogen, carbon dioxide and water vapor). Palladium is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palladium
Palladium is a chemical element with the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). They have similar chemical properties, but palladium has the lowest melting point and is the least dense of them. More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into nontoxic substances (nitrogen, carbon dioxide and water vapor). Palladium is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Canadian Mint
}) is the mint of Canada and a Crown corporation, operating under the ''Royal Canadian Mint Act''. The shares of the Mint are held in trust for the Crown in right of Canada. The Mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The Mint also designs and manufactures precious and base metal collector coins; gold, silver, palladium, and platinum bullion coins; medals, as well as medallions and tokens. It further offers gold and silver refinery and assay services. The Mint serves the public's interest but is also mandated to operate "in anticipation of profit" (i.e., to function in a commercial manner without relying on taxpayer support to fund its operations). Like private-sector companies, the Mint has a board of directors consisting of a chair, the president and CEO of the Mint, and eight other directors. Traditionally, the president of the Royal Canadian Mint is known as the Master of the Mint, currently Marie Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Face Value
The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value. For example, some rare coins or stamps may be traded at prices considerably above their face value. Coins may also have a salvage value due to more or less valuable metals that they contain. Overview The face value of bonds usually represents the principal or redemption value. Interest payments are expressed as a percentage of face value. Before maturity, the actual value of a bond may be greater or less than face value, depending on the interest rate payable and the perceived risk of default. As bonds approach maturity, actual value approaches face value. In the case of stock certificates, face value is the par value of the stock. In the case of common stock, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf (GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint. The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold. Having a .9999 millesimal fineness (24 carats), in some cases .99999, the coin is among the purest official bullion coins worldwide. The standard version has a weight of minimum 1 troy ounce (31.10 grams). Other sizes and denominations include 1 gram, ($0.50), ($1), ($5), ($10), and ($20). The Gold Maple Leaf's obverse and reverse display, respectively, the profile of Queen Elizabeth II of Canada and the Canadian Maple Leaf. In 2013 and 2015, new security features were introduced. In 2013, a laser-micro-engraved textured maple leaf was added on a small area of the reverse (Maple Leaf) side of the coin. In the centre of this mark is the numeral denoting the coin's year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Silver Maple Leaf
The Canadian Silver Maple Leaf is a silver bullion coin that is issued annually by the Government of Canada since 1988. It is produced by the Royal Canadian Mint. The Silver Maple Leaf is legal tender. The face value is 5 Canadian dollars. The market value of the metal varies, depending on the spot price of silver. The 99.99% silver content makes the coin among the finest official bullion coins worldwide. The standard version has a weight of 1 troy ounce (31.10 grams). The Silver Maple Leaf's obverse and reverse display, respectively, the profile of Elizabeth II and the Canadian Maple Leaf. In 2014, new security features were introduced: radial lines and a micro-engraved laser mark. Information The Silver Maple Leaf is issued annually by the Government of Canada. Introduced in 1988 by the Royal Canadian Mint, there have been three subsequent standard editions and several special editions. The Silver Maple Leaf's obverse displays the profile of Elizabeth II. There have been th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Platinum Maple Leaf
The Canadian Platinum Maple Leaf is the official bullion platinum coin of Canada. First issued by the Royal Canadian Mint in 1988, it was available until 2002 in five different denominations, all of which are marked as containing .9995 pure platinum. The bullion coin was partly reintroduced in 2009 in the form of the 1 troy ounce denomination in .9999 purity, featuring a new portrait of Queen Elizabeth II on the obverse. The coins have legal tender status in Canada, but as is often the case with bullion coins, the face values of these coins is lower than the market price of the material they are made from. Background The Canadian Maple Leaf series began in 1979, when the Royal Canadian Mint (RCM) introduced the Canadian Gold Maple Leaf coin. It consisted of 1 troy ounce of .999 pure gold – later refined to .9999 pure in 1984 – and contained no alloys within it; a rarity at the time. Due to the widespread success of the coin on the international bullion market – whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Palladium Eagle
The American Palladium Eagle is the official palladium bullion coin of the United States. Each coin has a face value of $25 and is composed of 99.95% fine palladium, with 1 troy ounce actual palladium weight. History The Palladium Eagle was authorized by the American Eagle Palladium Bullion Coin Act of 2010 which became Public Law 111-303 passed during the 111th United States Congress in December 2010 and signed by President Barack Obama. The coin uses Adolph Weinman's obverse design on the Winged Liberty Head "Mercury" dime, Liberty wearing a winged hat, while its reverse design is based on Weinman's 1907 American Institute of Architects (AIA) medal design. The Mint was directed to obtain an independent study of whether there would be enough market demand to justify the issuance of the piece; it voided its first contract for such a study on learning that the contracted firm had ties to the palladium industry. The contract was re-awarded to New York-based CPM Group, which condu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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