Canadian Gold Maple Leaf Coins
Canada Began making gold coins in 1979. At that time there was a huge demand as inflation quickly depreciated the value of the dollar and people looked for safer, more secure ways to keep their money. Since gold and silver have maintained their value steadily over time, people naturally leaned towards bullion coin investments.
Traditionally, investors would choose gold bullion from South Africa in the form of the Krugerrand coin. But the international community were effectively boycotting the country because of their oppressive apartheid policies at that time. The United States did not have a current gold coin in mint at that time, so Canada jumped on the opportunity.
To make the Canadian Maple Leaf unique The Royal Canadian Mint decided to use the latest in refinery technology and have ISO 9001 facilities that produce the purest gold coins in the world at .9999 purity.
The 24K gold makes the coin very soft but bright and very attractive. handling the coin should be done with absolute care. The Canadian Mint rationalized that the Maple Leaf coin was designed to be stored and collected not handled on a day to day basis.
The Maple Leaf is also made of 100% Canadian gold. No Maple Leaf coins were ever mined under oppressive foreign governments or dictatorship regimes.
The coin is produced in denominations of 1/20, 1/10, 1/4, 1/2, and 1oz sizes.
More by this Author
Safer than carrying cash, debit card are a step in the right direction for keeping consumers safe and secure. There have however, been a few hiccups. Find out what thieves are doing to steal your money and how you can...
Living on a tight budget doesn't have to be accompanied with stress and melt down. Giving up and declaring bankruptcy might seem tempting at times but let's face it, do you really believe that the banks will let you off...
Canadians are a proud group of people, and why not? There are many things to be proud of. Here is a list of my Top-Ten Canadian Contributions to the American way of life.