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50 Dollars - Elizabeth II 4th portrait, Anniversary GML Bullion Coinage
| Issuer | Royal Canadian Mint |
|---|---|
| Year | 2019 |
| Type | Log in to see details |
| Value | 50 Dollars |
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| Obverse description | Effigy of Queen Elizabeth II facing right, depicting the fourth definitive portrait by Dora de Pédery-Hunt, showing the Queen bareheaded at approximately 77 years of age, wearing a necklace and drop earrings. The legend ELIZABETH II arcs above, while the denomination 50 DOLLARS and the commemorative date range 1979 - 2019 appear in the field, marking the 40th anniversary of the Gold Maple Leaf bullion coinage. The portrait is rendered in high relief against a polished field. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
The "GML" designation references the Gold Maple Leaf, which the Royal Canadian Mint introduced in 1979 partly to compete directly with the South African Krugerrand — then effectively banned from import in many Western markets due to apartheid-era sanctions. Canada moved aggressively into the gap. The 2019 issue marks forty years of that program, a run that pushed the Mint to refine its gold purity from the original .999 to .9999 fine, a standard it achieved in 1982 and has held since.
Bullion strikes of this type are produced to order and see minimal handling before encapsulation, which keeps surviving populations overwhelmingly pristine.