Invest in Canadian Gold Coins in Today’s Economy

November 2nd, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

As of November 2009, the global economic downturn is the first quarter of its second year. The present is a great time to invest in gold. And Canadian gold coins, all of which are known as the Canadian Gold Maple Leaf, are an excellent choice for direct ownership of gold regardless of the size of the investor’s budget.
Canadian gold coins

One reason is that regular-issue Canadian gold coins are available in five sizes, including one ounce, one-half of an ounce, one-fourth of an ounce, one-tenth of an ounce and one-twentieth of an ounce. And the gold content of Canadian gold coins, which are produced by the Royal Canadian Mint, guarantees international liquidity.

The global economic downturn, fueled by a credit crisis, began in the third quarter of 2008. Although the global economy has risen off the nadir, it has not regained health. Thus, investors are purchasing gold as a hedge against the economic downturn. And its spot price has increased significantly over the last 12 months. .

The spot price of gold at the close on October 29, 2008, was around $750.00 an ounce. A year later, the spot price at the close on October 29, 2009, was $1,029.90, representing an increase of more than 37 percent.

At its introduction in 1979, the Canadian Gold Maple Leaf was the world’s second gold bullion coin, following South Africa Krugerrand. All Canadian gold coins are legal tender in Canada. But the face value of each coin is much lower than the current value of the gold content. The one-ounce coin has a face value of $50. The other coins have a face value of $20, $10, $5 and $1, respectively.

All Canadian gold coins have a bust of Queen Elizabeth II of England on the observe (front) and a single maple leaf, Canada’s national symbol, on the reverse. The only differences are the face value on the obverse of the coin and the weight on the reverse. Regular-issue Canadian gold coins that were minted from 1979-81 had a gold content of .999. In 1982, the gold content was raised to the current .9999.

The Canadian Gold Maple Leaf was the world’s first gold bullion coin with .9999 purity. Canadian gold coins now share a world-leading .9999 purity with Australia’s Nugget,  Austria’s Gold Philharmonic and the United States’ Gold Buffalo.

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Overview of Canada Gold Coin

November 2nd, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

The price of Gold has increase steadily since the 2008 financial crisis. As banks started to collapse gold retained its value and rose in price when stocks dropped. Gold is an excellent hedge against recession in anyone’s portfolio. Canada gold coin is an excellent option to be added to your gold coin portfolio.

Canada gold coin, a.k.a. Canadian Gold Maple Leaf, is one of the purest gold bullion coins in world. The Royal Canadian Mint, who has been distributing the coin since 1979, mints it. The Royal Canadian Mint purchases gold directly from gold mines within Canada, such as Northgate Minerals Corporation.
Canada gold coin

The Canadian Gold Maple Leaf coin was designed more for investment purposes than coin collecting. Some coin collectors do not like the “Canadian Gold Maple Leaf Coin” because it is 24k gold, which makes the coin easily shows wear. Because of the pureness of the gold, the face value of Maple Leaf gold coin is much less than its intrinsic gold weight. For collectors uncirculated coins are preferred and the “Canadian Gold Maple Leaf Coin” needs to be preserved in Mylar or coin tubes to protect its finish.

The “Canadian Gold Maple Leaf Coin” is one of the most popular gold coins purchased in the world. A reason for the coin’s world popularity, other than its purity, is the detailed designs the Canadian Royal Mint has issued and the trademark of all Canadian gold coins, the distinctive maple leaf.

Unlike other gold coins, Canadian gold coin comes in various denominations, including 1 oz, ½ oz, ¼ oz, 1/10 oz and 1/20 troy ounce. This allows smaller investors to purchase according to their budgets, without over extending themselves.

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Guide to Collecting Canadian Gold Maple Leaf Coins

October 29th, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

In uncertain economic times, Canadian gold maple leaf coins provide an outstanding investment vehicle. Unlike many financial instruments that fluctuate wildly and remain a mystery to all but a few; gold coins are tangible, practical and easily convertible into cash in all corners of the globe.

Many nations produce gold coins competing with the legendary Krugerrand of South Africa. The Canadian Gold Maple Leaf is more than an alternative. The Maple Leaf is now the world standard by which all gold coins are measured. The Canadian Gold Maple Leaf is the purest gold coin available. While the Krugerrand is produced at a 91.67% purity level, the Canadian Maple coin is available in 99.99% purity increasing to 99.999% for special issues.

Canada gold maple leaf

Furthermore, the backing of the Royal Canadian Mint and the Canadian government guarantee the weight, purity and legal tender status of these coins. The gold maple’s value is recognized by the World Bank and central banks worldwide.

The coin’s almost complete purity makes it prone to marring and scuffing even with normal handling. This fragility increases its reputation among collectors. Most coins are purchased and stored in individual plastic containers and need to be handled, if ever, with extreme care.

The Canadian gold maple leaf’s reputation creates a very liquid market. However, not all coins are equal. Not all dealers are reputable. Not all prices give the investor the best deal for their money. Follow a few easy steps to get the best coins for the best price.

First, purity increases in the Maple with size. Keep in mind, that unless the coin is purchased directly from the Royal Canadian Mint, there will be a markup on price. The greater the amount purchased the lesser the overall markup.

It is absolutely essential to know the spot gold price on the day you intend to purchase your coins. Keeping this in mind will help you to avoid being gouged or even aide you in spotting a bargain.

Looking around on the internet can be quite profitable too. Typing in obvious keywords will yield an avalanche of sites offering the Canadian Gold Maple Leaf. Some consumer auction websites have ads placed by unsophisticated collectors willing to sell coins below market prices.

Finally, do your research. With patience and savvy, The Canadian gold maple leaf coin could be an excellent investment.

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How to Buy Cheap Gold Maple Leaf Coin

October 29th, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

Gold crosses all boundaries and has long been seen as a treasure to be sought after. The discovery and ownership of gold has long been the goal of many people. For those who attain that goal they have been the envy of others. A possession of gold gives the impression of power and riches and has been known worldwide as a symbol of respect and esteem. Gold does not loose its value and can be considered an investment in your future. The gold maple leaf coin has long been considered a practical investment that is both rich in value yet affordable in price.

Considered one of the purest of gold coins with little content of base metal the gold from these coins comes exclusively from the gold mines in Canada. Selling or trading of these coins can be done anywhere in the world. For years these coins have been considered a precious trading commodity. The beauty and simplicity of the maple leafs, Canada’s signature is elegantly etched into the perfect gold coin. The golden maple leaf coin is one of the purest of the gold coin collection and is guaranteed in weight and purity.

Gold maple leaf coins are available in a variety of different ounce sizes to accommodate all budget ranges. You don’t have to be rich to possess gold. The advantages of owning a gold maple leaf coin are limitless. These precious gold coins can be purchased for the sheer enjoyment of treasuring them at home or as an accent piece to be displayed proudly. The gold maple leaf coins are also an investment that can be bought and then sold later for profit. There are ways to purchase cheap gold maple leaf coins that are rich in beauty and tradition.

The gold maple leaf coin is a great addition to any coin collection or portfolio or for simply an investment in your future. These beautiful coins can be purchased safety and securely online and are sure to be an asset that will provide many returns for years to come.

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What Makes Canadian Maple Leaf Gold Coin a Safe Investment for Starters

October 28th, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

Precious metal is widely regarded as one of the most solid investments a person can make. In fact, gold coin investing is a practical way to offset finances in an uncertain economic climate. Collecting the Canadian maple leaf gold coin is a good start towards gaining tangible assets for the future. Tangible assets are those that can be converted into cash quickly, which is essential during an economic crisis.

Canadian maple leaf gold coin

There are many reasons why collecting gold coins as assets for the future is a safe investment. The fact that they are easily stored, traded, and carried around make them able to be easily converted to cash. This easy conversion means that becoming liquid is easier than if you invested in gold bars.

The Canadian maple leaf gold coin is a safe investment because the government of Canada guarantees the weight, purity, and value of each coin. The guarantee means that the gold maple leaf coin is accepted at all worldwide central banks. As an investment, this means that the gold coins can be converted into cash no matter where in the world you find yourself in need of money. It also means that you can collect them from any where in the world and it still is a sound investment.

The price of the Canadian maple gold coin is set by the per ounce value of gold. In addition, amounts are added to offset the manufacturing and distribution costs to arrive at the market price of the coin. Many websites and local coin dealers are able to provide the latest gold coin values for reference.

Investing in the Canadian maple leaf gold coin is safe and secure. The coin value is backed by the Canadian government, allowing you to trade the coins anywhere in the world. Check online marketplaces and websites for purchasing, trading, and valuing the Canadian maple leaf gold coin.

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Why You Need to Buy Gold Maple Leaf Coins

August 28th, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

If you are a relatively new coin collector, you might wonder why you need to buy gold maple leaf coins. The reasons why you need to buy gold maple leaf coins vary, but there are indeed a number of fine advantages associated with owning such coins. You will find that maple leaf coins are probably some of the wisest coin investments you can ever make.

Gold Maple Leaf Coin
You will discover that there is a plethora of maple gold leaf investment options for you; choose from the one ounce, the half ounce, the quarter ounce, the one tenth ounce, the one fifteenth ounce, the one twentieth ounce and other special maple leaf gold coin issues.

First off, when you do invest in one of the varieties maple leaf coins you will find that you have suddenly invested in a tangible asset of incredible beauty. Yet, the beauty of the maple leaf coin is only a minuscule part of why you need to buy gold maple leaf coins. The beautiful coins that you do invest in have fewer risks when it comes to investing because the price of gold has remained consistent and on the rise for several years. Further, if you are looking to keep your attempt to accumulate wealth perfectly private, you will find that any gold maple leaf coins that are valued under ten thousand dollars are purchases that are not reported to the Internal Revenue Service or the government.

A second reason why you should buy maple leaf coins is because these coins are defined as legal tender. What this means for the gold investor is that he or she is not responsible for having to pay any kind of tax on maple leaf gold coins when he or she is attempting to cross over the border; this is not a true statement when it comes to buying gold bar investments however.

A third good reason why you need to invest in gold maple leaf coins is the fact that if you should ever need super fast cash in the future, your coins are there just waiting for you to sell them. You can count on the gold maple leaf coin selling quickly which means that you have invested in a tangible asset that can be liquidated quickly during times in your life when you might be dealing with a financial crisis.

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Maple Leaf Gold Coin Price

August 28th, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

Maple Leaf gold coin price varies depending upon what sources you are using to determine how much the coins are going for on the market. Usually the Maple Leaf gold coin price you are offered is a reflection of the price of a single coin with the premium over the spot gold price. Sometimes, you might see a higher price which reflects the cost of several Maple Leaf gold coins in one purchase.

The Maple Leaf gold coin is offered in a variety of sizes, and the size will determine the present asking price on the open market. You can invest in the one-twentieth ounce coin with a diameter of 13.9 millimeters, the one-tenth ounce gold coin with a diameter of 18 mm, the one-quarter ounce coin with a diameter of 22 mm, the one-half ounce coin with a diameter of 27 mm, or the one ounce gold maple leaf coin with a diameter of 32.1 mm. The size and gold content influences the value of the coin in question.

Maple Leaf Gold Coin Price

The one ounce gold maple leaf coin price has a current market price just over $975.00. It should be noted that this is an average price that will fluctuate depending upon the sources you will be using for buying the Maple Leaf gold coin: if you are ordering off the Internet, you can anticipate a shipping fee unless the seller has otherwise noted and an added premium over the spot price of gold. If you are working with a brokerage firm to purchase Maple Leaf gold coins, you will need to consider the brokerage fees that you must also pay in order to make your Maple Leaf gold coin purchases.

A variety of factors will affect the price of a gold maple leaf coin. First, the rarity of the coin must be taken into consideration and obviously the rarer the coin selection is, the higher the price will be. To that end, the rarest gold maple leaf coins are the one-fifteen ounce which was only crafted in 1999, and since they did not sell well, they were no longer minted. The grade of your coin must also be considered; the fewer markings and blemishes the coin has, the higher the gold maple leaf coin value will be. You will find that gold maple leaf coins will not sell below their melt value, but their gold weight will have a reflection on what the coin is worth.

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Final Issue in the World’s First Bullion Coin Series Promoting The Spirit of Olympics

July 23rd, 2009 admin Posted in Gold Maple Leaf Coin Articles No Comments »

The Royal Canadian Mint has launched the third and final issue of the world’s first series of bullion coins honouring the spirit of the Olympic Games. The Mint’s Ottawa facility will produce up to 50,000 gold coins for the 2010 issue and the silver version will be produced on demand.

“The Royal Canadian Mint is very proud to produce gold and silver bullion coins which stand out from the competition and capture the attention of the marketplace,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “The Mint has been delighted by investor and collector response to the first two issues of its Vancouver 2010 Olympic Winter Games Gold and Silver Maple Leaf bullion coins and is looking forward to a repeat success as its newest Vancouver 2010 Olympic Winter Games bullion coins are launched with only months remaining before the excitement of the 2010 Winter Games.”

The Vancouver 2010 Olympic Winter Games Gold Maple Leaf bullion coin is made of one ounce of 99.99% pure gold and bears a $50 face value. Bearing a $5 face value, the Vancouver 2010 Olympic Winter Games Silver Maple Leaf bullion coin is struck from one ounce of 99.99% pure silver. The reverse of the coins features an ice hockey player in full stride, flanked by two maple leaves. The design is the product of collaboration between the Mint’s Bullion and Refinery and Engraving teams. Both coins are now available through the Mint’s extensive network of bullion dealers.

These new Vancouver 2010 Olympic Winter Games Gold and Silver Maple Leaf bullion coins are preceded by a 2009 issue featuring a Thunderbird design by Squamish, BC aboriginal artist Xwa Lack Tun (Rick Harry) and the inaugural 2008 issue featuring the logo of the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games overlapping the iconic Maple Leaf design, which has graced the reverse of Royal Canadian Mint bullion coins since 1979.

By The Royal Canadian Mint

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Tips for Investing in Gold Wisely

December 31st, 2008 admin Posted in Gold Maple Leaf Coin Articles No Comments »

Are looking for a viable investment options in the times of recession? Why not consider investing in gold? There are various reasons to support gold as a perfect investment option. It is indestructible, divisible, highly liquid and portable. Gold survives fluctuations in the market and inflation, when other commodities and currencies generally decline. You can sell gold anytime, anywhere whenever the prices of gold are higher. For thousands of years, the value of gold has never faltered in the market.

Unlike bonds and stocks, price of gold is not affected by company's profit. However, its price depends on inflation, interest rates, demand and supply and the US dollar rate. So, it is always important to adopt some simple rules before you buy or sell gold:

Some simple rules before you buy or sell gold:
- The best strategy to invest in gold is to buy gold bullion bars and coins that are recognized in the marketplace. Popular gold bullion coins include Canadian Maple, American Eagle, and The South African Krugerrand among others. Their value is generally based on their weight. As a gold trader, you can easily market such coins during crisis. You can purchase gold bars and coins from brokerage houses or commercial banks or from any precious metal dealer.

- Do not buy gold for a company that provides a paper receipt or comes forward to store it for you. Companies can become bankrupt or can go out of business.

- Make sure to avoid leveraging to buy gold bullion. You can lose all your leveraged money as gold rises and falls in the markets. Better purchase gold from your savings.

- Once you have decided to invest in gold, you must decide where to store it. Storage and security are important for safekeeping gold. You can have a gold storage account for a reasonable fee. The account helps you track your purchases and sales by providing a regular statement.

- You can also sell gold, especially the ones which are slightly damaged, to companies that readily purchase gold at an agreed price. These companies first analyze your gold belongings and offer you a price and if you agree, they pay you in cash.

Article Source: http://www.ArticleBlast.com

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How To Start Coin Collecting

December 31st, 2008 admin Posted in Gold Maple Leaf Coin Articles No Comments »

While it may seem difficult at first, coin collecting is actually a very simple hobby that can get quite interesting at times. Many beginners don't really know how to start coin collecting because there are so many different currencies and so many ways of categorizing them. On first glance, the only way to start coin collecting is to get every single coin on the planet. However, starting simpler can be done in a matter of minutes.

A very popular way to start coin collecting is by collecting circulated Jefferson nickels. These guys come in 40-coin rolls and can be purchased at $2 apiece from nearly every place that can break a dollar. Start by buying 80 circulated Jefferson nickels. This will cost you a simple $4 to get started. Wash them out, but not too roughly. Sort them by decade, and then by year. Pick out the best one of each year. You're looking for the one that looks the newest. Whatever's left is still worth five cents, so you can go ahead and throw it in your wallet if you'd like. It's not uncommon that collectors go through so many rolls that they end up reinvesting doubles on more rolls. Make a grid for the nickels, and tape each one on. What's great about Jefferson nickels is that every single year (with the exception of 1943-1945) can be found in circulation.

You can repeat this process for every single type of coin. Obviously, quarters will be more expensive to collect than nickels at face value, and older coins will be rarer than new ones. Whatever your choice, just pick something and go for it. Start with basic things like the date. Then, you can start categorizing by other things, like mint marks, which are marks identifying which mint the coin came from. Different mint marks can end up determining the name of the coin, like Barber Dimes, Bust Quarters, and Shield Nickels. As you can tell, there are many different types of coins that you can start collecting today.

Coin collecting is a very fun hobby that will probably never end because currency is always available. There are people who have collected so many coins that the only ones left cost thousands of dollars. In fact, known as the most valuable coin in the world, a 1933 Saint-Gaudens Gold Double Eagle was sold for $7.5 million US dollars in 2002. The largest coin collection in the world was found in a shipwreck in the Atlantic Ocean; it held over 500,000 gold and silver coins. Discovered in 2007, each coin is worth up to $4,000, and at least a few hundred apiece. No modern era coin collection can match up to that one. That's guaranteed.
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