The Palladium Maple Leaf coin is issued by the Royal Canadian Mint, based in Ottawa, Canada. It was first introduced in 2005 and has been in continuous circulation since then. The Royal Canadian Mint is one of the few government mints in the world to issue a palladium coin in continuous circulation. The Perth Mint minted a palladium emu coin for several years but discontinued its production.
The Palladium Maple Leaf is available exclusively in the 1-ounce size and features the same design as the 1-ounce gold, silver, and platinum coins from the same series.
The obverse of the coin features a portrait of Queen Elizabeth II, with the denomination and year of minting below. Each 1-ounce palladium Maple Leaf coin has a face value of 50 Canadian dollars (CAD).
The reverse features a maple leaf in the center, with the inscription "Canada" above it, and the coin's fineness on either side. Each 1-ounce Palladium Maple Leaf coin contains 999.5% of the finest, investment-grade palladium. Below the maple leaf is the inscription "Fine Palladium 1 Oz Palladium Pur."
Although palladium is less popular than gold, silver, or platinum among precious metals for private investors, it has proven to be an extremely attractive and high-yielding investment. Almost all of the palladium mined worldwide comes from South Africa and Russia, making the metal particularly vulnerable to political or economic changes in these regions. Furthermore, palladium is used to manufacture catalytic converters in vehicles, meaning that demand for cars can also influence the metal's price. Palladium typically trades below platinum, but since 2018, palladium has outperformed platinum.
SwissBullion.eu recommends its clients build a diversified precious metals portfolio that includes gold, silver, platinum, palladium, and rhodium. The Palladium Maple Leaf coin is currently the most well-known palladium coin on the market and represents an excellent choice for investors looking to expand their exposure to palladium bullion.