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Buy Gold Canadian Maple Leafs

By Edited Nov 13, 2013 1 4

Canadian maple leafs are available in gold, silver, and platinum. They represent a way to purchase bullion precious metals at a reasonable cost while being beautiful to look at. A maple leaf is a coin with a face value, but is traded based on the amount of precious metal in it. Maple leafs are quite liquid, meaning that they are readily sold when desired, at a price based on the underlying metal spot price plus a premium.

Gold maple leafs are one of the purest gold coins available, being .9999 pure. Because gold is a soft metal, this also means that they can get nicked, scuffed, dented, and scarred rather easily. Thus, it is prudent to keep them in some sort of protective container.

Gold maple leafs can be bought at coin dealers, some banks, at internet based dealers, and even on eBay. Of course, it is critically important that you investigate the reputation of any dealer where you are considering buying gold Canadian maple leafs.

Gold maple leafs are available in a variety of sizes ranging from 1/10th of an ounce to 1 ounce of gold. In general, the larger the size of the coin, the less you pay for a given amount of gold. That is, with smaller coins, the premium is usually a higher percentage than it is on larger gold coins.

Besides gold maple leafs, there are also silver and platinum maple leaf coins as well. Silver, of course, is less costly than gold for the same weight. Other gold bullion coins include American golden eagles, South African Kruggerands, Vienna Symphonies, and China Pandas.

One thing to consider about any bullion coin is that as an investment it does not offer any sort of dividends or other income. The change in value between the time you buy the gold maple leaf and the time you sell it represents your profit (or loss) on your investment.

Before you buy any gold coin, consider where you will store it. You want to make sure to keep it in a safe place, and someplace where you will not lose it. Gold maple leafs are issued each year, and thus have a date on them like other coins. In general, gold maple leafs are considered bullion coins and their value is based on the gold content. Gold maple leafs ordinarily do not have numismatic value like collectable coins where the value is determined based on rarity, desirability, and condition. However, some years of gold maple leafs are especially desired and in some cases command a higher premium.

Please note that this article is for informational purposes only and is not intended as investment advice. Buying gold coins is risky and speculative. The price of precious metals varies widely, and thus you may make money or lose money depending on the price at which you buy, and the price at which you sell. Many people buy gold maple leafs as a hedge for inflation, for growth, or for the beauty of the coins.


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Comments

Dec 13, 2010 3:57am
csjun89
I have some gold canadian maples.
You make very good points!
Apparently they also come in 1/20th but I have yet to see one

I stick to 1/10, 1/2 and 1 oz though
The smaller denominations or fractionals make it easier to trade away in the future
Dec 19, 2010 11:11pm
aguy
I've never seen a 1/20th either. Yes - the smaller sizes are easier to trade, but they do cost a bit more (usually) per oz than the larger sizes. Nice that they are offered in a wide range of sizes!
Oct 18, 2012 11:36am
elechifrank
A well written article!!
Dec 28, 2012 5:24pm
aguy
Thanks elechifrank!
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