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20 Dollars - Charles III GML (Bullion)

Issuer Royal Canadian Mint
Year 2024-2025
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Weight 15.55 g
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Reverse description A large, finely detailed Sugar Maple leaf (Acer saccharum) occupies the central field, rendered with intricate vein work and naturalistic texture against a radially lined background. The national legend CANADA arcs along the upper periphery. To the left and right of the leaf, flanking the centre, the purity designation 9999 appears twice. The bilingual inscription FINE GOLD 1/2 OZ OR PUR curves along the lower periphery, attesting to the coin's composition and troy weight.
Reverse script Latin
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Additional information

The "GML" designation — Gold Maple Leaf — marks this as part of a series the Royal Canadian Mint launched in 1979, when Canada became the first nation to issue a .9999 fine gold bullion coin for public sale. That four-nines purity standard was a deliberate commercial challenge to the South African Krugerrand's dominance of the bullion market, and it worked. The transition from Elizabeth II to Charles III effigies began appearing on Canadian coinage following her death in September 2022, with the RCM adopting Susanna Blunt's portrait of the new king.

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