According to one study, 10.8 percent of American people have invested in gold. If you’re investing in gold and looking for something different, you might want to consider the Gold Canadian Maple Leaf.
But what is it, and what should you know about it before investing in this Canadian coin?
Keep reading to discover everything you need to know about this gold coin.
Contents
What Is The Gold Canadian Maple Leaf?
The Gold Canadian Maple Leaf is a gold coin that has 0.9999 and 0.99999 fine gold. The Royal Canadian Mint makes this coin, and they’re responsible for making all of the Canadian coins that are circulated.
The Government of Canada makes this coin each year. Canada was the first country to even issue a gold coin, and because it has such a high concentration, it’s one of the most valuable of all the gold coins.
There are six different variations to this coin. The variation will be different in the size and what’s on the coin. They can range anywhere between fifty cents to fifty dollars.
If you’re interested in learning more about the coin, click for more information.
The History
In 2019, the Royal Canadian Mint created the 40th anniversary of this coin. They made it a special edition, and they pride themselves in thinking it’s the best gold coin throughout the world.
The coin started in 1979 as an experiment to try and use Canadian gold. There were millions of ounces of the coins sold today, and they plan to keep making them.
In 2012, the Mint even added visual security onto the coin. This made the maple leaf textured with micro-engraved laser technology.
Investments
So is this coin still worth investing? The answer is yes!
There are actually a few benefits to investing in this type of coin. Because they have such a high-quality amount of gold in them, they’re great to invest in.
The value of these coins has risen over time, although keep in mind it will be a long-term investment.
Economic instability and recessions can lower the value of stock investments, but it normally has an inverse relationship with the economy. This also makes it a great way to diversify your portfolio.
They are also officially recognized by the Canadian government.
Where To Buy Them
You can buy these Canadian coins anywhere in the United States. However, you should make sure that you buy it from a coin dealer or bullion who is registered and legit.
You can find these companies throughout the United States, and some of them are online.
Learn More About Investing In Gold
These are only a few things to consider when you’re learning about the Gold Canadian Maple Leaf, but there are many other things to learn.
Before making any kind of investment, make sure that you do your research to make a sound investment.
If you’re interested in more financial articles, explore our website to find even more just like this one!