Canadian Maple Leaf Gold Coin

By Author: Bob Ethan
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The Features and Benefits of the Canadian Maple Leaf Gold Coin

Produced entirely from Canadian gold sources, the Canadian Maple Leaf Gold Coin is composed of twenty four karrat gold. Contrasted with USA Gold Eagles and South African Kruegerrand coins that consist of 22 carrat gold plus some copper or silver for alloy durability, Canadian Maple Leaves are pure at a degree of 99.99%. They are said to be the purest gold bullion coins in the world.

Because they are produced using 24 carrat gold, Maple Leaf gold coins definitely are less strong than Eagles or Krugerands. 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. However, despite being legal tender in Canada, Maple Leaves are not circulated coins and are meant to be owned by collectors or investors.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 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. There are people who are disappointed when they find out that another coin is not twenty-four carrat. I guess certain individuals just like the thought of possessing pure bullion. And maybe certain people desire the choice of whether to melt down their gold so that it is liquid in times of catastrophe. And there are likely people who misunderstand the "impure" status of lower karat gold coins, thinking that they contain less gold than a 24 karat coin of the same denomination. However, the fact is that a one oz. Krugerand and a one oz. Maple Leaf are composed of the exact same amount of gold. The additional metals are not counted in the weight, only the gold content is counted. 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 uncluttered but impressive appearance of the Canadian maple leaf (the same leaf as the one on the Canadian flag) immediately grabs the viewer and arouses images of Canada's majestic natural wonders and abundant natural resources. The back of the Maple Leaf depicts the face of the Queen, indicating the former status of Canada as a settlement of Britain and now a Commonwealth nation. The coin's images are almost identical to the pictures on the Canadian 1-cent coin, aka the "penny" which also shows a maple leaf on one side and Queen Elizabeth II on the reverse.

The Canadian Maple Leaf Gold Coin is available in these denominations: 1-Troy oz. 1/2 troy oz, a quarter troy ounce, 1/10 troy oz. 1/20 Troy Oz.. There is also a series of Canadian Silver Maple Leaf coins, which are pure bullion just like their gold brethren.

The Canadian Maple Gold Coin acts as both an enjoyable collecitble and decoration, and as a wise investment. For those people who wish to be careful about their collection's condition and keep their coins safe, the 24-carrat Canadian Maple Leaf Gold Coin will fill a nice spot in your collection or portfolio.
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.