In 2007, the Royal Canadian Mint amazed the numismatic world by developing and releasing 2 very interesting variants of the classic pure gold Maple Leaf: a one hundred kilogram, or two-hundred and twenty pound, “five-nines” Maple Leaf with a stated value of $1 million Canadian dollars, while the gold material deserved over two million U.S. dollars at the time.
This obviously is a significant issue for the collector interested in physically showing his wealth, but is a meaningless or little concern for those who hold these coins for their bullion value with the intent of benefiting off a rise in the area price of gold.
The Royal Canadian Mints insistence upon perfect planchets, the pure gold blanks from which gold coins are struck, has actually resulted in an excellent reputation amongst requiring financiers and collectors. In reality, the one troy ounce gold Canadian Maple Leafhas been in continuous production longer than any other pure gold bullion coin. The traditional style of the gold Maple Leaf coin has actually never ever been modified. The bust of Queen Elizabeth II appears on the obverse side of the coin, with dignity aging across different vintage coins in a design by Arnold Machin while the reverse portrays a single Maple Leaf together with the name of the nation and the level of pureness of the gold, listed in both English and French. The coin is available in 1, 1/2, 1/4, 1/10, and 1/20 troy ounce denominations.
A Maple Leaf is an unique gold coin and, as the only one to be twenty-four karats, it might as well be a Pamp bar or piece of jewelry, however one that is issued as legal tender and with a royal approval.
Traditionally, in addition to being Canadian legal tender, the Maple Leaf delights in highly liquid markets. The premium normally falls within 2-5% percent, which is basic for coin bullion of this type. As the coins are easy to find and simple to store, they add some interesting range to your financial investment efforts.
Check out Canadian Maple Leaf Palladium Coins
