Friday, October 23, 2009

Why You Need to Buy Gold Maple Leaf Coins


If you are a relatively new coin collector, you might wonder why you need to buy gold maple leaf coins. The reasons why you need to buy gold maple leaf coins vary, but there are indeed a number of fine advantages associated with owning such coins. You will find that maple leaf coins are probably some of the wisest coin investments you can ever make.

You will discover that there is a plethora of maple gold leaf investment options for you; choose from the one ounce, the half ounce, the quarter ounce, the one tenth ounce, the one fifteenth ounce, the one twentieth ounce and other special maple leaf gold coin issues.

First off, when you do invest in one of the varieties maple leaf coins you will find that you have suddenly invested in a tangible asset of incredible beauty. Yet, the beauty of the maple leaf coin is only a minuscule part of why you need to buy gold maple leaf coins. The beautiful coins that you do invest in have fewer risks when it comes to investing because the price of gold has remained consistent and on the rise for several years. Further, if you are looking to keep your attempt to accumulate wealth perfectly private, you will find that any gold maple leaf coins that are valued under ten thousand dollars are purchases that are not reported to the Internal Revenue Service or the government.

A second reason why you should buy maple leaf coins is because these coins are defined as legal tender. What this means for the gold investor is that he or she is not responsible for having to pay any kind of tax on maple leaf gold coins when he or she is attempting to cross over the border; this is not a true statement when it comes to buying gold bar investments however.

A third good reason why you need to invest in gold maple leaf coins is the fact that if you should ever need super fast cash in the future, your coins are there just waiting for you to sell them. You can count on the gold maple leaf coin selling quickly which means that you have invested in a tangible asset that can be liquidated quickly during times in your life when you might be dealing with a financial crisis.

Maple Leaf Gold Coin Price


Maple Leaf gold coin price varies depending upon what sources you are using to determine how much the coins are going for on the market. Usually the Maple Leaf gold coin price you are offered is a reflection of the price of a single coin with the premium over the spot gold price. Sometimes, you might see a higher price which reflects the cost of several Maple Leaf gold coins in one purchase.


The Maple Leaf gold coin is offered in a variety of sizes, and the size will determine the present asking price on the open market. You can invest in the one-twentieth ounce coin with a diameter of 13.9 millimeters, the one-tenth ounce gold coin with a diameter of 18 mm, the one-quarter ounce coin with a diameter of 22 mm, the one-half ounce coin with a diameter of 27 mm, or the one ounce gold maple leaf coin with a diameter of 32.1 mm. The size and gold content influences the value of the coin in question.

The one ounce gold maple leaf coin price has a current market price just over $975.00. It should be noted that this is an average price that will fluctuate depending upon the sources you will be using for buying the Maple Leaf gold coin: if you are ordering off the Internet, you can anticipate a shipping fee unless the seller has otherwise noted and an added premium over the spot price of gold. If you are working with a brokerage firm to purchase Maple Leaf gold coins, you will need to consider the brokerage fees that you must also pay in order to make your Maple Leaf gold coin purchases.

A variety of factors will affect the price of a gold maple leaf coin. First, the rarity of the coin must be taken into consideration and obviously the rarer the coin selection is, the higher the price will be. To that end, the rarest gold maple leaf coins are the one-fifteen ounce which was only crafted in 1999, and since they did not sell well, they were no longer minted. The grade of your coin must also be considered; the fewer markings and blemishes the coin has, the higher the gold maple leaf coin value will be. You will find that gold maple leaf coins will not sell below their melt value, but their gold weight will have a reflection on what the coin is worth.

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