Canadian Gold Coins - Defend Your Money Today
Precious metals have been effective for centuries as a durable type of currency. With the current economic unrest in global markets Gold is a superb way to diversify your portfolio and guard your prosperity. Running a close second to American Golden Eagle Coins are Canadian gold coins and in particular the Canadian Gold Maple Leaf.
Canadian gold coins are minted through the Royal Canadian Mint which boasts to producing one of the world's hottest gold bullion coins in the Canadian Maple Leaf. This much sought after coin is almost 24 karats or 99.99% pure gold. The Canadian Government guarantee the coin for its metallic content and legitimacy insuring a very liquid and international market.
The Canadian Gold Maple Leaf coin was initially struck in 1979 and it's only direct competitor within the gold bullion coin market was the Krugerrand. The kruggerand struggled within the markets as a result of the boycott of the then South African political status, and so helped the Maple Leaf establish itself as global market leader, a grip the coin still holds today.
The Canadian Government guarantees that the various denominations of the Maple Leaf contain the declared amount in troy ounces of .9999 fine gold. The coins have face values of $1, five dollars, $10, twenty dollars and $50 and are legitimate money in Canada. Back in 1988 the Maple Leaf was additionally struck in platinum which has identical face values and weights as their gold counterparts. Since then a .9999 silver $5 maple leaf and a .9995 1oz $50 palladium coins have also been struck.
If you are fortunate enough to possess the cash the Royal Canadian Mint also offers by special order a Gold Maple Leaf with a face value of $1 million, but the gold content is close in worth to $2 million. Unofficial reports state that the Canadian Mint has received five orders for the coins at around $3.5 million per coin.
In volatile financial times it is extremely important to defend your portfolio and buying gold bullion is an effective way to hedge against inflation. By investing in Canadian gold coins not only do you invest in a market not normally subject to identical instability as more established investments you invest in a precious metal of utmost beauty and scarcity.
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