Apr
19
Canadian Gold Maple Leaf Coin
Posted In: Investing Tips
The Canadian Maple Leaf Coin series is a very popular one, and of the series the gold coin is by far the most loved. The Canadian Gold Maple Leaf Coin is the certified gold ingot of Canada, and the coin is believed to be the world’s purest gold coin. The coin consists of 99.9% to 99.99% pure gold depending on the edition and the individual coin. There are a few coins out there that are said to have 99.999% purity level, meaning that they basically have 0 base metals, but just pure gold. It is impossible to get 100% pure metal, but 99.999% is darn close!
The Canadian Gold Maple Leaf Coins are a favourite among collectors and investors alike. Collectors love them because they are rare and beautiful, and investors love them because they are nearly pure gold. These coins are a great addition to any portfolio, whether it is an investment portfolio or a collection. Also, the Royal Canadian Mint, who produced these coins, used only the highest quality gold bars, and each coin is made up of the highest quality gold available.
Since the coins are small, they aren’t too hard to carry around. Unlike bulky gold bars, these coins can fit into any small safe or bank. Also, these coins are recognized worldwide, they are very easy to sell no matter where you are. Prices are also fairly even worldwide, so you won’t need to worry about getting ripped off if buying in a foreign country.
The value of the Canadian Gold Maple Leaf Coin varies slightly, but generally is valued at around $50 USD. Each coin contains a full troy ounce of nearly pure gold, so you can see why they are so expensive. The coins are a lot better than the normal gold bars and ingots, especially since they are indorsed by the Canadian government. The coins are, and always have been, extremely stable as far as value. Gold continues to go up despite a wavering economy, and in the history of the world gold has never gone down in value. It rises exponentially each year, and will continue to rise for as long as you can imagine. In fact, as the dollar and other world currencies fall, the value of gold actually goes up. This is because investors are getting their money out of bills and putting it in to tangible, real investments, such as gold and silver.
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Article Source: Canadian Gold Maple Leaf Coin


