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Canadian Gold Coins - Protect Your Riches Today
Precious metals have been effective for centuries as a solid type of money. With the current financial turmoil in global markets Gold is a superb way to diversify your portfolio and defend your wealth. Second only to American Golden Eagle Coins are Canadian gold coins and in particular the Canadian Gold Maple Leaf.
Canadian gold coins are minted by the Royal Canadian Mint that boasts to producing one of the world's most popular gold bullion coins in the Canadian Maple Leaf. This much wanted coin is almost 24 karats or 99.99% pure gold. The Canadian Government guarantee the coin for its gold content and legitimacy making sure a very liquid and international market.
The Canadian Gold Maple Leaf coin was initially struck in 1979 and it's only direct competition within the gold bullion coin market was the Krugerrand. The kruggerand struggled in the markets because of the imposed sanctions of the then South African political status, and so aided the Maple Leaf confirm itself as global market leader, a grip the coin still maintains to this day.
The Canadian Government guarantees that the various denominations of the Maple Leaf contain the confirmed amount in troy ounces of .9999 fine gold. The coins have face values of one dollar, five dollars, ten dollars, twenty dollars and fifty dollars and are legal money in Canada. Back in 1988 the Maple Leaf was additionally struck in platinum and has identical face values and weights as their gold counterparts. Since 1988 a .9999 silver $5 maple leaf and a .9995 1oz $50 palladium coins have also been struck.
If you are lucky enough to have the cash the Royal Canadian Mint also offers by special order a Gold Maple Leaf with a face value of one million dollars, but the gold content is close in worth to two million dollars. Unconfirmed reports state the Canadian Mint has received five orders for the coins at around $3.5 million a piece.
In uncertain economic times it is especially important to protect your portfolio and buying gold bullion is an effective way to hedge against inflation. By purchasing Canadian gold coins not only do you invest in a market not normally subject to the same volatility as more established investments you invest in a precious metal of utmost beauty and rarity.
Guard Your Riches And Invest In American Silver Eagles The US Mint first released the American Silver Eagles back in November, 1986. Initial inventories sold out due to the unexpected high demand. Along with American Golden Eagle Coins, American Silver Eagles were offered as a very viable alternative investment to the existing gold and silver bullion coins being produced by other countries.
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