Canadian Maple Leaf Gold Coin

The Features and Benefits of the Canadian Maple Leaf Gold Coin

Produced entirely from Canadian gold sources, the Canadian Maple Leaf Gold Coin contain 24 carat gold. Differing from US gold Eagles or Krugerands that are composed of 22 carat gold and containt some additional alloy metals, Canadian Maple Leaves are pure at a degree of 99.99%. They are known as the most pure bullion coin that exists.

Because they are produced using 24 carrat gold, Maple Leaf gold coins are indeed less durable than American Eagles or South African Krugerrands. Gold of this level of purity has almost never been used as a regular currency in circulation for the simple fact that it will get damaged and worn out over time or even quickly. But despite their official status in Canada, Maple Leaf gold coins are not a regularly circulated currency and are intended mainly for collectors and investors to own and hold onto. You can't stroll into a McDonalds in Canada and order a Big Mac with a Maple Leaf coin, despite its legal tender status. So because they are not really made for normal circulation, the lack of durability is possibly not a big problem.

Maple Leaf coins are one of the most sought-after bullion coins in many markets because they are known to be "pure" bullion. Certain people become a bit less interested when they learn that a different coin is less pure than twenty four carats. 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. And there are likely people who misunderstand the "impure" status of lower karat gold coins, assuming that they have less gold than a twenty-four carrat coin with the same . But in reality, a 1 ounce Krugerrand and a 1 ounce Maple Leaf contain the same amount of gold. The other metals in the alloy are not included in the listed weight, only the gold portion is calculated. These are all reasons that the Canadian Maple Leaf is so incredibly popular.

One more reason that the Maple Leaf is so popular is its gorgeous imagery. The simple but memorable appearance of the maple leaf (which also appears on the Canadian flag) right away seizes the viewer and brings up images of The gorgeous scenery and wildlife of Canada plus its abundant resources. The back side of the coin features an image of the Queen, depicting Canada's history as a former British settlement and part of the Commonwealth. The imagery is almost the same as the images on the Canadian 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 purchased in these denominations: 1-Troy Ounce one half troy ounce, 1/4 Troy Ounce, one tenth troy ounce, 1/20 Troy Oz.. You can also find silver versions of the Canadian Maple leaf coins, which are pure bullion just like their gold brethren.

The Canadian Maple Gold Coin is not only a wise investment, but also makes a beautiful keepsake or a meaningful gift. For people who plant towatch out for their collections carefully and take care of their condition to prevent damage, the twenty four carat Canadian Maple Leaf Gold Coin makes a great item in your collection.

Bob Ethan is an avid collector of an investor in gold bullion bars and coins. Learn more about gold bullion coins such as the Canadian Maple Leaf Gold Coin.

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