07/15/2024 02:18:11 AM
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1987 Canadian Maple Leaf 1 oz Gold Coin

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Most major gold bullion coin programs offer specimens that are minted to demand each year. This results in ebbs and flows in the mintage figures for the series. In the case of the Canadian Maple Leaf Gold Coin from the Royal Canadian Mint, the mint-to-demand approach has seen gold sales figures rise during difficult economic times and sink when stock markets rebound. The latter was the case for the Canadian Maple Leaf Gold Coin starting in the late 1980s and continuing through the late 1990s. Today, you have the chance to get 1987 Canadian Maple Leaf 1 oz Gold Coins online from Provident Metals.


  • Arrives with an individual protective flip!
  • 9th year of release in the Canadian Maple Leaf 1 oz Gold Series!
  • Announced mintage of 978,000 gold coins!
  • Contains 1 Troy oz of .9999 pure gold.
  • The face value of $50 (CAD) is backed by Canada.
  • On the obverse side is Queen Elizabeth II.
  • The reverse features a sugar maple leaf.

After enjoying an extended period of high demand following its 1979 debut, the Canadian Maple Leaf 1 oz Gold Coin had a last hurrah, of sorts, in 1987. Demand dipped below 1 million coins in 1987, the first time this had happened since 1983. However, this was just the beginning of a long-term downward trend that would continue through 1996 when the mint sold a then-record low of just 146,000 coins. Demand rebounded temporarily during the Y2K crisis, only to fall again through the early 2000s.


On the obverse side of 1987 Canadian Maple Leaf Gold Coins, you will find Arnold Machins second-generation portrait of Queen Elizabeth II. Designed in 1964, it debuted on Canadian coins in 1965 and features on the Maple Leaf 1 oz Gold Coin from 1979 to 1989. In this design, the Queen is featured in right-profile relief at the age of 39. The inscriptions on this side of the coin include ELIZABETH II, 50 DOLLARS, and 1987.


The reverse face of the 1987 Maple Leaf 1 oz Gold Coin comes with a depiction of the sugar maple leaf. The national emblem of Canada, the sugar maple leaf features on countless private and public symbols. Most notably, it appears on the Canadian national flag. Inscriptions on this side of the coin read CANADA, 9999, FINE GOLD, and 1 OZ OR PUR.


Canadian Maple Leaf 1 oz Gold Coins had a mintage of 978,000 coins in 1987. Though this is lower than the previous three years, it is much higher than any other date mark from 1988 to 2000 that would follow.


These 1987 Canadian Maple Leaf 1 oz Gold Coins are available to you with individual protective flips for delivery.

Please contact Provident Metals if you have any questions. Our team is available to assist you at 800-313-3315, online using our live chat, and via our email address.

How Does Free Shipping Work?

When the subtotal of your purchase, including applicable discounts, is $199 or more, you receive free shipping for your entire order. In order to receive free shipping on purchases of $199 or more, you must live within the 50 US states. For orders less than $199, a $9.95 shipping fee applies. All products are discreetly packaged and shipped with full insurance included.

When will my order ship?

Most Provident orders are shipped within one (1) business day of your payment clearing. Payments made via PayPal clear instantly. Bitcoin payments clear instantly once the transaction is confirmed. Credit Card and bank wire payments process within 1 business day. ACH and paper check payments take 3-5 business days. Once payments are processed, products are released to fulfillment for packaging and shipping.

Can I choose the method of shipping?

All orders of $199 or more that are eligible for free shipping are, by default, shipped via a carrier of our choice (USPS or UPS). Depending on the contents and size of your purchase, you may be able to upgrade to a specific carrier during checkout.

Will I need to sign for my package?

For those orders of $999.99 or less, there is no need to sign for your package. However, you may select the option to require a signature at delivery if you want. This can be chosen and paid for at checkout. All orders of $1000 or more require a signature to complete delivery.

What about International Orders?

Provident is only able to ship to addresses in any of the 50 US states. This includes P.O. boxes and APO addresses.

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Product Details

Year 1987
Mint Mark Not Shown
Metals Purity .9999
Producer Royal Canadian Mint
Thickness 2.8 mm
Diameter 30 mm
Condition Uncirculated
Denomination $50 CAD
Country Canada
Designer (Obverse) Arnold Machin
Designer (Reverse) Walter Ott
Edge Style Reeded
Product Series Canadian Maple Leaf
Certificate of Authenticity No
Capsule Size 30 mm
Packaging Plastic Flip
Metal Content 1 Troy Ounce
Shipping Orders over $199 Ship Free
Packaging Dimensions 2 x 2 x 0.5
Provident ID 3937195