The Palladium Maple Leaf coin is issued by the Royal Canadian Mint located in Ottawa, Canada. It was first introduced into circulation in 2005, and has remained in circulation since then. The Royal Canadian Mint is one of the few government mints worldwide to issue a palladium coin in continuous circulation. The Perth Mint issued a Palladium Emu coin for several years, however this was discontinued.
The Palladium Maple Leaf coin is available in a 1 Ounce size only, and features the same design as the 1 Ounce gold, silver and platinum Maple Leaf coin.
The front of the coin features an image of Queen Elizabeth II, with the coin's face value and year of minting located below. Each one ounce palladium Maple Leaf coin has a face value of $50CAD.
The reverse of the coin features an image of a Maple Leaf in the center, with the word 'Canada' inscribed above, and the coin's fineness to the left and right. Each 1 Ounce Paladium Maple Leaf coin contains 999.5 fine investment grade palladium. Beneath the Maple Leaf image is inscribed 'Fine Palladium 1 Oz Palladium Pur'.
Palladium, although less popular than gold, silver and even platinum as a retail precious metal product, has proved to be a very interesting and rewarding investment. Almost all of the world's palladium is produced in South Africa and Russia, which leaves the metal particularly exposed to any political or economic changes that affect mining in those countries. Furthermore, palladium is used to make catalytic converters in automobiles, which means that demand for cars can also affect the price of the metal. Normally palladium trades below platinum, however, as of 2018 palladium had outperformed platinum.
SwissBullion.ch recommends that its clients build a diversified portfolio of precious metals, which should include gold, silver, platinum, palladium and rhodium. The palladium Maple Leaf coin is the most recognised palladium coin currently available on in the precious metals market, and makes an excellent choice for individuals looking to increase their investments in palladium bullion.