Maple
Leaf Gold coins, designed, minted, and offered by the Royal Canadian
Mint, are the official gold bullion coin of Canada. They were first
produced in 1979 and the Maple Leaf Gold coins issued between 1979 and 1982
have a gold content that measures .999 gold bullion. Some of the issues,
currently, are actually 24-karat gold, which is .99999 pure.
According
to the Wikipedia Gold Maple Leaf coin page, the Maple
Leaf Gold coins are available in the following sizes and weights, each with a
different face value (they are considered to be legal tender, but their actual
worth is much more, because of the pure gold bullion that they contain):
· 1/25-ounce, face value of $0.50,
Canadian
· 1/20-ounce, face value of
$1.00, Canadian
· 1/10-ounce, face value of
$5.00, Canadian
· 1/4-ounce, face value of
$10.00, Canadian
· 1/2-ounce, face value of
$20.00, Canadian
· 1-ounce, face value of $50.00,
Canadian
But
that doesn’t answer the question of whether or not Maple Leaf Gold coins are a
good investment. The page on Bullion.com about these coins says that they
are often bought by people in India and other areas of the east, where gold
bullion is highly prized. So there is a start to an answer: because Maple Leaf
Gold coins are pure bullion, they’re in demand not just nationally, but
internationally.
When
you’re looking to invest, precious metals are good way to go, especially if you
want to diversify your portfolio. While it’s never wise to invest solely in one
area, making the decision to buy gold, including Maple Leaf Gold coins, is a
good call. Gold holds its value through good and bad economic times, it can be
converted to cash when needed, and it’s easily transported and stored (at least
in small amounts) at home.
The Maple
Leaf Gold coins, because they are pure gold, are an excellent investment
choice. When you’re getting ready to buy these coins – whether you’re looking
at buying just one or two or many – you should look into online companies
selling gold. This will ensure that you’re paying the lowest mark-up, are able
to lock in the price that you want, and will be able to have the coins
delivered to your home or to a vault (entirely your decision), insured.
One of
the companies that you should research is MeritFinancial; they have been in business for many years, have an A+
rating from the Better Business Bureau, and they offer the Maple Leaf Gold coins
at excellent prices.
wikipedia.org/wiki/Canadian_Gold_Maple_Leaf
mint.ca