Buy Gold Canadian Maple Leaf Coins
December 11th, 2008 by Randy SlabeyHistory of the Gold Canadian Maple leaf Coin
The Canadian Maple leaf coin was first stamped in 1979, it has enjoyed wide ranging success in its homeland as well as internationally. The Canadian Maple leaf coin was introduced as a competitor to the predominant and popular South African Krugerrand, which was the only form of gold bullion around. The newly introduced Maple leaf coin gave people who wanted to buy gold bullions second option. Surprisingly people were willing to jump out and buy gold maple leaf coins. Canadians loved the fact that they could buy gold maple leaf coins rather than the Krugerrand.
The Canadian mint spear headed the concept of a pure gold coin without the inclusion of an alloy. People could buy gold Canadian maple leaf coins that were 99.9 percent pure gold and didn’t require an alloy for strength. The main reason for this was because the coin was never manufactured for mass circulation. People loved to buy gold Canadian maple leaf coins and it actually out sold the Krugerrand throughout the 1980’s. Canada managed to grab a fair share of the bullion market from the South African Krugerrand, with its Canadian maple leaf coins.
The biggest reason why people love to buy gold Canadian maple leaf coins is because it was an excellent 24 karat alternative to the Krugerrand that weighed 22 karat. The gold Canadian is so pure that it can be molded with your bare hands. The gold maple leaf coins soon became a gold bullion standard to which other gold bullions were compared against and measured for quality.
Features of the Gold Canadian Maple Leaf Coin
The gold Canadian maple leaf coins bear the image of Britain’s Queen Elizabeth the second, stamped along with the date it was issued and its face value. On the other side of the coin there is an image of a Maple Leaf, which is the national symbol for Canada, also from where the name, Canadian maple leaf is derived from. Also stamped is country of origin (Canada) as well as the purity of the gold used, both in English and in French.
Buy Gold Canadian Maple in different sizes and dominations
You can buy gold Canadian in four sizes, starting with the classic one troy ounce gold coin that measures 30 mm in diameter and has a thickness of 2.87 mm, which makes the coin around the same size as the American half dollar. This coin has $50 face value Canadian.
You can also buy gold Canadian maple leaf coins in a number of fractional sizes as well. The 1/2 ounce coin has a face value of $20 Canadian dollars and with a diameter of 25 mm and thickness of 2.23 mm. The quarter troy ounce coin has a face value of $10 Canadian and is around 1.78mm think with a diameter of 20 mm. The tenth ounce coin is the smallest coin available and bears $5 face value it is around 1.13mm thick and 16 mm in diameter.
Internationally Recognized
You can buy gold Canadian maple leaf coins from almost any part of the world, since they are globally recognized and easily traded. People especially in the subcontinent and the Middle East love to buy gold Canadian maple leaf coins, since they are the purest from of gold bullion available, as well as a collector’s item. This is especially attractive to people who buy gold bullion as a means of investment, since its gives them the flexibility to buy and sell these coins at any destination worldwide. The Canadian government guarantees the quality, weight and the purity of gold used in Canadian maple leaf coins, making them valid tenders of the value they represent.
