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50 Dollars - Elizabeth II 2nd Portrait, 1 oz. Platinum Bullion Coinage
| Issuer | Royal Canadian Mint |
|---|---|
| Year | 1988-1989 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse displays a highly detailed, naturalistic rendition of a single sugar maple leaf (Acer saccharum) centered in the field, with finely engraved veining and lobed edges presented in high relief. The legend CANADA arcs across the upper periphery, while the bilingual inscription FINE PLATINUM 1 OZ PLATINE PUR curves along the lower border. The purity designator 9995 appears twice in the mid-field, flanking the stem of the leaf on both sides, attesting to the coin's .9995 fine platinum content. |
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| Additional information |
Canada's platinum maple leaf program launched in 1988, making the Royal Canadian Mint one of the first sovereign mints in the world to offer a platinum bullion coin for the investment market — ahead of the American Platinum Eagle by nearly a decade. The timing was deliberate: platinum spot prices were climbing sharply through the late 1980s, driven largely by automotive catalyst demand and South African supply uncertainty under apartheid-era sanctions pressure.
The .9995 fineness set a benchmark that few competing issues matched at the time.