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50 Dollars - Elizabeth II 3rd Portrait, 1 oz. platinum bullion coinage
| Issuer | Royal Canadian Mint |
|---|---|
| Year | 1990-1999 |
| 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 |
|---|---|
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| Mint | Royal Canadian Mint, Ottawa |
| Mintage | 1990 - - 31,900 1991 - - 31,900 1992 - - 40,500 1993 - - 17,666 1994 - - 36,245 1995 - - 25,829 1996 - - 62,273 1997 - - 25,480 1998 - - 10,403 1999 - - 3,248 |
| Additional information |
Canada's platinum maple leaf series launched in 1988, making the Royal Canadian Mint one of the earliest sovereign issuers to produce a platinum bullion coin for the international investment market — ahead of the United States Mint's platinum eagle by nearly a decade. The .9995 fineness specification was a deliberate commercial decision, positioning the coin fractionally purer than most competing platinum products available at the time.
Platinum spot prices collapsed sharply in the early 1990s following reduced industrial demand and increased Russian export supply, meaning buyers of these dates acquired them at historically depressed metal prices.