Canadian Maple Coins are a very popular type of coin in Canada. They are a Maple Leaf family of pure bullion coins that are great for investment purposes. The coins are produced only by the Royal Canadian Mint, and the Government of Canada guarantees the coins for weight and purity.
The Maple Leaf was first released in 1979. The coin is offered in several denominations, from 1/20 ounce to one ounce. Maple leafs are legal tender in Canada at face value, even though classified as non-circulating bullion coins by the Mint Act. In 2007, a gold Maple Leaf coin was released by the Royal Canadian Mint with a ace value of $1 million, and a bullion value of over $2 million. Initially, these coins were intended for display only, but when demain for purchase arose, the Mint began to take orders for them. They sell for between $2.5 million and $3 million. There is also a silver Maple leaf, a Palladium Maple Leaf, and a Bimetallic Maple Leaf. The Silver Maple Leaf is in regular circulation and held as a collectible, but the Palladium and Bimetallic Maple Leaf coins are not.
Many coin investors invest in and hold Gold Maple Leaf coins. The coins are widely sold by dealers, including many Internet-based dealers and local storefront dealers. They are also offered for sale through auction websites, including eBay. They are prized for their design and purity, and are very much in demand among coin collectors.
There are various types of Canadian Maple Coins. The Canadian Gold Maple Leaf coin is Canada’s official bullion gold coin and is among the purest gold issue coins in the world. It was introduced in Canada in 1979 and has a gold content of 24 carats. It contains practically no base metals. This coin is an excellent way in which to invest in gold.
In general, bullion like Canadian Maple coins are considered one of the best vehicles for hedging against inflation and for making a speculative bet in favor of precious metals over currency. In recent years, the precious metals market has outperformed virtually every other type of equity investment available. This has led investors in droves toward Canadian Maple Leafs.
For the last 30 years, Canada’s bullion coins have given investors the opportunity to hold government-backed precious metal for a low premium over gold and silvers’ respective spot prices. Because they’re immediately recognizable, extremely pure, and are very liquid in comparison to numismatic coins, Maple Leafs have established themselves as one of the best choices for investment in the physical precious metal market. Without a doubt, those who have an interest in holding precious metal stand to benefit from considering the addition of Maple Leafs to their portfolio.
Feel free to click on the following links to learn more about 1 oz silver coins and to find places to buy silver.
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