In uncertain economic times, investing in gold coins is an outstanding investment decision. Unlike most financial instruments that witness wild fluctuation, the gold coins remain practical, tangible and easily convertible to cash.
There are certain facts and truths worth taking note of.
Standard of Quality Assurance
Numerous countries are producing gold coins. In the process, they are also competing with the world famous Krugerrand of South Africa. The Maple Leaf is regarded as perfect standard when it comes to measuring purity of gold. There is a major difference between the purity levels of Krugerrand and the Canadian Maple coin. While the former has purity levels of 91.67%, the latter offers purity of 99.99% to 99.999%. Apart from this, they have the backing from none other than the Royal Canadian Mint. At the same time, the Canadian government guarantees the purity, legal tender status and purity of these coins. The fact that the gold maple’s value receives recognition from central banks worldwide and Word Bank, this speaks volumes about their quality standards.
Beware Of Mishandling
These coins have complete purity. At the same time, they are prone to scuffing and marring with normal handling. They are very fragile and this is one reason why they are extremely popular among collectors. They are purchased and stores mostly in individual plastic containers. Even if there is a need to handle them, this should be done with utmost care.
Command Greater Liquidity
The Canadian Maple Leaf commands greater liquidity in the market. However, just like all dealers are not reputed, not all coins are equal. Apart from this, all prices do not offer best deal. In order to get lucrative returns from your investment, concentrate on the purity the coin holds. Make sure to purchase it from the Royal Canadian Mint. This enhances your liquidity position. Go for great amount of purchase as it will attract lesser overall mark-up.
Gold prices are subject to sudden and frequent changes. It all depends on market. Therefore, keep a tab on the spot gold price particularly on the day you wish to purchase the coins. This way, you can ensure getting gouged or it may even help you to spot a bargain.
Gather Information from the Cyberspace
Internet is the best platform to gather profitable information in this regard. Just try typing keywords on search engines. This will direct you to websites that offer Canadian Gold Maple Leaf. If possible, try some of the consumer auction websites. They contain ads placed by the unsophisticated collectors interested to sell coins far below market prices. Patience and an extensive research are the keywords. With this, Canadian gold maple leaf can be an excellent investment.
A Collector’s Delight
New coin collectors do wonder why they need to purchase gold maple leaf coins. The reasons are many and vary. Nevertheless, they offer a number of advantages, thus finding acceptance from collectors worldwide. In fact, these coins have emerged as a perfect investment option. There are a number of options to choose from adding to the convenience of collectors and investors alike. Thee available options are – the half-ounce, the one tenth ounce, the one twentieth ounce , the one ounce, the quarter ounce, the one fifteenth ounce, and others
Good Investment Option
These coins come in a number of varieties. Investing in them is a fantastic way to put your money in a tangible asset as it commands an incredible beauty. The beauty in question is only a minuscule part. The best part is – they carry fewer risks as far as your investments are concerned. Gold prices have remained consistent and have been on the rise in recent years. Furthermore, they are excellent investment criteria to accumulate wealth privately. This stems from the fact that several purchases do not even get reported to the government or the Internal Revenue Service.
These coins are treated as legal tender. In other words, investors are not required to pay any form of tax when they attempt to cross over the border. This feature is totally absent in case of gold bar investments.
Ideal to Tackle Future Emergency Situations
Life is full of surprises. A situation might just crop up where you need some urgent cash but your bank balance is empty. In such cases, the coins come to your rescue. They are perfect tangible asset and can be liquidated on short notice. Easy liquidity has earned them appreciation from investors and general public. They are instrumental to deal with financial crisis of any nature.
The reverse of the coin contains a picture of Canadian M leaf and observe has a picture of Queen Elizabeth. The Canadian M leaf has witnessed significant variations including the Olympic Maple, the Privy Mark Silver Leaf, the Hologram Silver Leaf and the Coloured Silver Maple. Even the observe as two variations namely 64-year old Elizabeth II and 39-year old Elizabeth II.