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The first government-issued palladium bullion coin, launched by the Royal Canadian Mint in November 2005, and still the most widely traded one. Legal tender at $50 CAD, 1 oz of .9995 fine palladium, 34 mm across. Struck 2005-2007 and 2009, then paused until palladium demand returned in 2015; it has been issued every year since. Together with the American Palladium Eagle it accounts for most of the retail palladium coin market.
Canadian Palladium Maple Leaf melt value tracks palladium spot price directly — this chart is the same live palladium price used to calculate the melt value above, so you can see the trend behind today's number.
What is actually struck on each face, and who designed it.
Effigy of the reigning monarch — Susanna Blunt's Queen Elizabeth II through 2023, Steven Rosati's King Charles III from 2024 — with "50 DOLLARS" and the date.
Walter Ott's single sugar maple leaf with "CANADA" above and "9995 FINE PALLADIUM 1 OZ PALLADIUM PUR" below.
Until 2005 palladium was an industrial metal you could only buy as bars. The Royal Canadian Mint changed that with a 1 oz Maple Leaf in .9995 palladium, giving investors a legal-tender coin with the same design and guarantee as the gold and silver Maples. The US Mint would not follow with the Palladium Eagle until 2017.
The Mint struck the coin for 2005, 2006 and 2007 (roughly 60-70,000 pieces a year), skipped 2008, issued a small 2009 mintage, then stopped until 2015 as investor demand dried up. It has been produced annually since 2015, so recent years are easy to find while 2009 in particular is scarce and carries a small collector premium.
1 troy ounce of .9995 fine palladium, 34.00 mm diameter, $50 CAD face value, brilliant uncirculated finish; recent issues carry the Mint's radial-line security field and micro-engraved privy mark. Palladium's lower density than platinum is why the coin is wider than the 30 mm Platinum Maple at the same weight.
About the Canadian Palladium Maple Leaf
At the current palladium spot price of $1,288.63/oz, the melt value of a Canadian Palladium Maple Leaf (1 troy oz, .9995 fine palladium) is approximately $1,288.63. This updates continuously with the spot price above — sellers on the marketplace typically price above melt value, since the premium covers minting, distribution, and dealer margin.
Melt value is the raw metal content only — what you'd get scrapping the coin. The premium above it pays for minting, distribution, and dealer margin, and on this marketplace specifically, it's set by each individual seller rather than one company's price list, so it's worth comparing a few listings rather than buying the first one you see.
Like any commodity, palladium trades on global supply and demand — mine output and recycling on the supply side, industrial use, jewelry, and investment buying on the demand side. Short-term moves are usually driven by macro factors: interest rates, currency strength, and how much uncertainty investors are pricing into markets generally.
Government-minted bullion coins like this one are legal tender, widely recognized, and easy to resell — that recognition is usually worth the modest premium over generic rounds or bars of the same weight. For buyers who want to add to a physical position gradually, one-ounce coins are also just a convenient, liquid unit size.
This page shows melt value — spot price times pure metal content, recalculated on every page load. Individual seller listings add their own premium on top, and that premium (not the melt value) is what actually varies between sellers, so it's normal for listing prices below to sit above the number at the top of this page.
Melt value at the same live palladium spot price of $1,288.63/oz.
