American and international investors are often likely to buy coins from their own government. For example, American investors often consider their primary source of coins to be the U.S. Mint. However, as with any serious investments, it’s essential to take a look at offerings from other countries. In particular, we suggest that you take a look at the Maple Leaf gold coins that are produced by the Royal Canadian Mint. This coin has many unique properties that make it a solid investment for anyone.
One particular property of the Gold Maple Leaf is it’s high fineness. Unlike other coins, including those offered by the American Mint, the bullion coins offered by Canada are made with 99.99% pure Canadian gold. By contrast, the American Eagle is actually 22 karat gold – i.e. there is guaranteed to be exactly one troy oz. of gold in the coin, but it’s mixed with silver and copper. In fact, those seeking an even higher grade of purity will be happy to know it’s possible to purchase Maple Leaf gold coins with 99.999% fineness, although these are a little harder and more expensive to obtain.
However, it should be noted that with such fineness comes structural problems. Many have complained about the “poor production” of these Maple Leaf gold coins. Pure gold is a relatively soft metal, and as such, the milled edges and the area around the Queen’s head easily show handling marks. This is not necessarily a flaw, rather the fact that these coins can be molded if handled improperly shows the high degree of fineness. This just means that these are coins designed for show and investment only. In contrast, other gold coins that contain silver and copper as well, can be handled and “used”.
Those seeking to add a Canadian Maple Leaf to their collection will be happy with the sizes at which they are offered. From 1/25oz to 1oz and above, the Gold Maple Leaf has one of the largest size varieties of any official bullion coin. For those who are exceptionally wealthy, the Royal Canadian Mint unveiled a 100 kg (3,215 troy ounces!) gold coin with a face value of $1 million. It is 50 cm (1 foot 8 inches) wide and one inch thick with a purity of 99.999%. Interested buyers can purchase these coins for anywhere from $2.5 to $3 million, although as of May 2007, there were only five confirmed orders.
All in all, Maple Leaf gold coins are an excellent addition to your portfolio as they are very unique in many regards. The high degree of purity, plus the wide varieties of sizes makes these great investments for people of all degrees of wealth. Those with less financial resources may be interested in the 1/25oz Red Maple coin, available for $99.95; while those with substantial resources may consider buying the 100 kilogram coin. Indeed, these coins make excellent investments and are sure to pay off in the long run. You can buy them from any authorized dealer or direct from the Mint at mint.ca.