Wednesday, 25 July 2012

Acquiring Canadian Maple Leaf

By Stephen D. Sneed


The Canadian Maple Leaf is the official gold bullion coin for Canada. The Canadian Maple Leaf is .9999 pure 24-karat gold, and it is among the purest of all the gold coins minted around the world. It was first minted in 1979, and at that point the only other gold bullion coin was the Krugerrand gold coin. But that gold coin was not available to anyone due to economic boycotts of South Africa.

For those seeking to diversify their investment portfolio with precious metals you need look no further than the Canadian Maple Leaf. The Canadian Maple Leaf is available in a varied of weights: 1/20th troy ounce, 1/10th troy ounce, 1/4th troy ounce, 1/2 troy ounce and 1 troy ounce. There was a period when the gold Canadian Maple Leaf was produced in 1/15th troy ounce, also. The different weights makes it uncomplicated for everyone to collect, and it makes it beneficial if you ever had to negotiate your precious metals in times of need.

But the Canadian Maple Leaf comes not only in gold but silver, palladium and platinum. Silver Canadian Maple Leaf bullion is considered the most favorite of the Canadian Maple Leaf bullion. This makes sense as it's a lesser value precious metal, but a metal that is extremely collectable by the big majority of coin enthusiasts.

However, the silver Canadian Maple Leaf can demand a higher high quality than the spot price of silver for that day. Often, this small premium above spot silver cost is for the uncirculated BU coins. If the coin is certified graded, then, it can demand an even higher premium... depending on the grade and on the rarity of the mint.

The Canadian Palladium Maple Leaf was first introduce in 2005 and has become a popular version of the Canadian Maple Leaf from day one. With palladium being more valued than silver, but to cost less compared to gold Maple Leaf... It has gained some serious collectors.

Point being, regardless of whether you're contemplating investing in silver, palladium, gold or platinum the Canadian Maple Leaf is an excellent coin to invest in. So if you like to invest, do it today.




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