Daily Gold Coin Update
July 28, 2009 – The Canadian Maple Leaf coins are one of the most popular bullion coins available to investors around the globe because they were the first bullion coins to be minted out of pure 24-karat gold. First introduced in 1979, the Canadian Maple Leaf coins quickly became a favorite to investors who back then only had the South African Krugerrand coins available for investment purposes. During this critical time in American history, inflation was growing at a dangerous rate and the gold spot price increased more than 800% between 1978 and 1980, thus the demand for these unique bullion coins skyrocketed.
The Canadian Maple Leaf coins are the official bullion coin of Canada, and they are proudly produced by the Royal Canadian Mint. Their unique design features a Maple Leaf on the reverse side and Queen Elizabeth II on the obverse side. They are offered in several different denominations, making them ideal for investors in various different price ranges. Typically, the Canadian Maple Leaf coins are best suited for short-term profit seeking investors because bullion coins in general trade closely with the spot price of gold, meaning that if the spot price increases, so do these coins and vice versa. Most investors don’t purchase these for long-term wealth preservation because in the long run they are more volatile to market fluctuation, and that is where the investment-grade certified rare coins thrive. If you would like to learn more about these unique and beautiful bullion coins, feel free to browse this website or visit other reputable websites such as www.Gold-Bullion.org and www.Gold-Investment.info.
Arthur McGuire
Senior Staff Writer - Gold-Coin.com
