Canadian Maple Leaf Gold Coin

The Canadian Maple Leaf Gold Coin - Both Pleasant and a Secure Investment
Produced entirely from Canadian gold sources, the Canadian Maple Leaf Gold Coin contain 24 carat gold. Unlike American Eagles or South African Krugerrands which are 91.67% (or 22 karat) pure gold with the remainder coming from copper or silver to form a more durable alloy, Maple Leaf gold Canadian coins are 99.99% pure. They are known as the most pure bullion coin that exists.

Being 24 karat gold, Maple Leaf gold coins definitely are less strong than Eagles or Krugerands. Such pure bullion has almost never been circulated as a regular currency since it will slowly get worrned out, bend, and be damaged. But even though they are officially minted legal tender coins in Canada, Maple Leaf coins are meant to be kept by investors and collectors, rather than circulated.You are not able to strut into a Starbucks in Canada and order a latte with a gold bullion coin, despite its legal tender status. So since they are really supposed to be held by collectors and investors, maybe the lack of durability is not such a big deal.

Maple Leaf coins are one of the most sought-after bullion coins in many markets because they are known to be "pure" bullion. Some people are disappointed or lose interest when they discover that another gold coin is less than 24 karat. Maybe some people just love the idea of owning "pure" gold. And perhaps some people want the option of melting down their gold to increase liquidity in times of emergency. In addition to that, some people probably misunderstand what "impure" means in relation to coins of lower caratage, thinking that they contain less gold than a 24 karat coin of the same denomination. But the fact of the matter s that a 1-oz. Maple Leaf and a 1-oz. Krugerrand have exactly the same amount of gold inside them. The additional metals are not counted in the weight, only the gold content is counted. In any case, these beliefs are all reasons for the disproportionate popularity of the gold Canadian Maple Leaf coin.

Another reason for the Maple Leaf's popularity is its attractive design. The uncluttered but impressive appearance of the maple leaf (the same leaf as the one on the Canadian flag) instantly grabs the viewer and elicits images of The gorgeous scenery and wildlife of Canada plus its abundant resources. The reverse side of the coin shows a bust of Queen Elizabeth II, depicting Canada's history as a former British settlement and part of the Commonwealth. The design is similar to the Canadian penny (1 cent coin) which also shows a maple leaf on one side and Queen Elizabeth II on the reverse.

The Canadian Maple Leaf Gold Coin can be found in the following denominations: 1-Troy oz. one half troy ounce, a quarter troy ounce, 1/10 Troy Ounce, 1/20 Troy Oz.. A collection of Silver Maple Leaves is also available, which are pure bullion just like their gold brethren.

The Canadian Maple Gold Coin makes either a gorgeous treasure to enjoy, or an intelligent investment for the future. For people who intend to be careful about their collection's condition and keep their coins safe, the 24 karat Canadian Maple Leaf gold coin is a fine addition to, or starter of, any collection.