200 Dollars - Elizabeth II Maple Leaf Reflection

The "Maple Leaf Reflection" belongs to the RCM's ongoing fine gold $200 series, which has used the .9999 four-nines standard since the mint achieved that refinement level in the 1980s — a purity benchmark that originally distinguished Canadian gold product in a market dominated by the .900 fine South African Krugerrand. These collector-oriented $200 pieces occupy an awkward middle ground between bullion and commemorative, carrying legal tender status that no one has ever seriously tested.