Daily Gold Coin Update
October 30, 2009 – The Royal Canadian Mint has produced $50 Maple Leaf coins since 1979, and since its launch, the Maple Leaf brand has became a smash hit with buyers the world over. The reasons are:
• The Canadian Maple Leaf gold coin is the purest form of gold on the market; its .999 pure gold content is unique for any gold coin.
• The Canadian Maple Leaf gold coin is produced exclusively by the Royal Canadian Mint; one of the world’s most reputable coin producing c entities.
• Wise investors can take advantage of low premiums on the Canadian Maple leaf gold coin; fair markup starts at 6.6% with small local dealers and 5.5% with reputable, larger gold exchanges. Please note that quantity will always affect pricing when buying or selling gold so be sure to ask about large volume discounts, and ask for a dealer with a stellar reputation.
Most of my readers know that selecting widely traded items is vital when it comes to liquidating your precious metals holdings. Maple Leaf investors sleep well knowing that this coin has never failed to achieve a bid or ask price on the official Certified Gold Exchange. This is why Canadian Maple Leaf gold coin holders sleep better at night; they hold a debt-free asset that has never lost its liquidity. Investors know that they have instant liquidity in the event of dollar insolvency, a bartering situation, or if they simply find themselves in a pinch for cash. There are two sides to every coin and the Canadian Maple Leaf gold coin has its faults as well.
• The Royal Canadian Mint marks the coin as $50 in Canadian currency, and many feel that this is in cahoots with the US government, which also marks its one-ounce coinage as $50 dollars. This could be the amount that you would be paid by the US or Canadian governments should they recall or confiscate gold in a national emergency.
• Also be aware that the Maple Leaf coin comes in .999 and .9999 versions, and are priced accordingly. Buying and selling gold is much easier than many investors thought before taking their position with gold. This is particularly true when you select a world class gold investment like the Canadian Maple Leaf gold coin. So don’t wait; go down to the local gold store and pick up a few of these fine coins or call our helpful advisors for discounts off national average retail prices.
Stewart Lawson
Senior Staff Writer - Gold-Coin.com
