Sunday, June 23, 2013

Maple Leaf Gold

By Sienna Nalin


Are you looking into making a good investment that you will not regret and will turn a good profit for you? Well the gold Canadian Maple Leaf is that good investment you should be looking at. This investment is good for multiple reasons. A few reasons are that this coin is a collectible and it is 1 ounce of pure gold. If this has not persuaded you yet, keep reading.

Starting being minted in 1979 by the so famous Canadian Royal Mint, the Maple Leaf 1 ounce of gold coin instantly became a success, being in high demand for investors and collectors. This coin is the official bullion gold coin of the Canadian government. Even though it is a legal tender in Canada, this coin and its other denominations are not considered circulating coins because they are sought after for gold investment and by numismatists.

There is no alloy used in the manufacturing of one Maple Leaf 1 oz gold coin therefore it has a purity of 24 carats or otherwise said, a 99.99% fineness. This Canadian coin weighs 1 troy ounce of pure gold or 31.10 grams of gold. The Maple Leaf 1 oz gold coin can be considered a pioneer for bullion gold coins together with the South African Krugerrand, which was the first one issued. However, the Canadian Maple Leaf was the first bullion coin with 99.99% purity.

The head side of the Maple Leaf 1 oz gold coin illustrates a portrait facing right of Queen Elizabeth II of Great Britain. It is an engraver realized by Arnold Machin and it has changed as Her Majesty aged. The inscriptions are: "ELIZABETH II", the face value "50 DOLLARS" and the minting year "2012". The reverse of the Maple Leaf 1 oz gold coin shows a single beautifully designed maple leaf, which is a Canadian symbol and has transformed this coin into one of the most beloved ones. At the top of the coin is engraved the issuing country "CANADA" and other two inscriptions are present: "9999 FINE GOLD" and "1 OZ OR PUR 9999".

With such popularity you should already know that this coin is known and acknowledged everywhere. With such popularity this coin is a liquid asset with everyone everywhere trading it that does have one. The reason this coin is also a great investment is because this coin holds the same spot price of gold. This is due to the fact that it is 1 oz. As for all coins, the more demand, the more the price increases.

...Additional information at Maple Leaf, 1 oz Gold, 2012

When thinking to invest, you definitely want to look for this coin as a coin collector or a metal investor. This coin is something in such demand that passing up on it would be a bad decision that you may regret in the future.




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