Canada has a stunning new gold coin and Costco members get first dibs

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The Royal Canadian Mint has unveiled a stunning new Gold Maple Leaf (GML) coin and Costco Canada members will have first dibs at getting it.

According to the Mint, the 1 oz. 99.99 per cent pure gold coin is composed entirely of gold sourced from Agnico Eagle's Detour Lake mine in Northern Ontario.

canada coin costco

Royal Canadian Mint

Agnico Eagle is the country's largest miner of Canadian gold and the third-largest gold producer in the world.

The reverse of the coin features a beautiful design of the sugar maple leaf, which is the "hallmark of the Mint's Maple Leaf family of bullion coins."

Beneath the leaf is a micro-engraved maple leaf-shaped security mark with the number "24" — signifying the coin's year of issue — and can only be seen under magnification.

canada coin costco

Royal Canadian Mint

On the bottom left side of the coin, there's a privy mark of a hand cradling a globe to symbolize the single-source origin of its 99.99 per cent pure gold.

The coin comes in credit-card style packaging with a certificate of purity and authenticity signed by the Mint's chief assayer.

The unique gold bullion coin is available at select Costco stores across Canada and on Costco's website. The value of the coin is $50 but it retails for over $3,600.

If you're looking for other coins to add to your collection, the Mint has some very cool new releases to look out for.

A new $2 circulation coin has been issued to honour the Royal Canadian Air Force's (RCAF) 100th anniversary.

Canada just got a stunning new toonie and it could land in your change🤑https://t.co/NdHchMJJpT
— blogTO (@blogTO) September 18, 2024

Designed by Canadian illustrator Pui Yan Fung, the reverse (or tails) side of the coin features stylized depictions of aircraft flown by RCAF personnel past and present.

The Mint also recently released a $2 silver number shaped like an electric guitar.