The Canadian Palladium Maple Leaf is the official bullion

palladium Palladium is a chemical element with the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself na ...

coin of

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

. It is issued by the

Royal Canadian Mint }) is the mint of Canada and a Crown corporation, operating under the ''Royal Canadian Mint Act''. The shares of the Mint are held in trust for the Crown in right of Canada. The Mint produces all of Canada's circulation coins, and manufacture ...

in .9995 purity. The coins have

legal tender Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in ...

status in Canada, but as is often the case with bullion coins, the face values of these coins is lower than the market price of the material they are made from. Unlike the gold, silver and platinum maple leaf series, the palladium maple leaf is subject to the GST/HST tax. The newest member of the Maple Leaf family of pure bullion coins, the palladium Maple Leaf, was first minted in November 2005.The Royal Canadian Mint produced the first government issued palladium bullion coin from 2005 to 2007, and then for a further one-off year in 2009. They were reintroduced in 2015 and have been produced every year since.

References

{{Portal bar, Canada, Money, Numismatics Palladium Maple Leaf Palladium bullion coins

See also

References