The Canadian Maple Leaf Gold Coin!
It was first minted by the Royal Canadian Mint (RCM) in 1979, and immediately established itself as a firm favorite amongst bullion buyers and collectors.
The reason was that The Canadian Maple Leaf is a pure.
9999 - four nines- gold coin with no additional alloys.
This means that it is simply as pure, as you can buy.
In comparison the gold Krugerrand is alloyed, giving it a slightly orange hue.
As well as this purity, the Canadian Maple Leaf gold coin is widely regarded to be one of the most beautifully designed gold coins in the world.
Many bullion coins have a functional appearance.
Not this one! On the obverse there is a bust of Queen Elizabeth II.
This is the classic Arnold Machin profile.
On the reverse is the Maple Leaf.
The design is elegantly simple.
Technically the coins are legal tender & and can be purchased from both coin & bullion dealers.
Because of the extreme purity and nature of the design - for several years there were issues with the coins appearing to scratch badly.
For a period this caused some buyers to steer clear.
One of the underlying reasons was that much of the coin comprised plain fields.
The net result is that scratches show up more easily.
However, improvements to the minting process have reduced the number of scratches & marks generated during production.
Like many National Coins, this one, only uses gold mined in the home nation.
There are 5 different sizes or weights available to satisfy most budgets.
•1 Troy Ounce •1/2 Troy Ounce •1/4 Troy Ounce •1/10 Troy Ounce •1/20 Troy Ounce The Canadian Maple Leaf gold coin is a solid bullion coin.
Its design means it is highly sought after & the secondary market is reliable.
If you choose this bullion coin, you are in good company! Till next time, Happy gold coin buying, Paul