Of the top three most popular gold bullion coins, the Maple Leaf is the only one minted from .9999 fine gold. Both the South African Krugerrand and the American Eagle are 22 karat purity (.9167). This difference in purity is not a large factor when it comes to absolute value because the actual gold weight contained in all three coins is the same. The Eagle and Krugerrand simply have a bit higher gross weight due to the alloy metals used. But some investors do prefer the higher purity and the particular luster that comes with it.

When it comes to modern 1 oz bullion coins, only the Krugerrand has a longer history. Walter Ott, who was born in Austria, served as Royal Canadian Mint's Chief Engraver and Director of Art and created the coin's design. He wanted a gold coin that would compete with the Krugerrand with its purity being a symbol of Canadian national pride.



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