Did you know that gold is considered a hedge for inflation? So whenever inflation rises, Americans start purchasing gold in droves and that boosts the price of gold immensely. The more risk-averse people become due to inflation, the more they want to hold gold bullion like the Gold Canadian Maple Leaf as a solid investment with real precious metal inherent in it. There are many reasons why you need to invest in gold and particularly in Canadian coins. Let’s read on to find out more.
What Is the Gold Canadian Maple Leaf?
Since 1979, the Royal Canadian Mint has been issuing these Gold Canadian Maple Leaf coins. They contain 99.99% fine, 24-karat gold bullion.
When they were first issued, South African Kruggerands were the only pure gold bullion coins available. But due to apartheid and the boycott policies, they were in short supply. The Royal Canadian Mint saw an opportunity and smartly jumped on it, issuing Canadian Maple Leaf gold bullion coins made from gold mined within Canada.
These coins even have legal tender status in Canada under the Currency Act. They feature a side profile of Queen Elizabeth II along with the year of issue on one side and the Canadian Maple Leaf on the other side (Canada’s national official symbol).
What Are Some Benefits of Buying a Gold Coin?
The Canadian Maple Leaf gold bullion coins are considered to have the strictest purity and weight and thus, are highly trusted throughout the world. If you are an investor who is looking to preserve your wealth in a trustworthy gold bullion investment, then these .9999 pure gold coins are a great choice.
They come in a wide variety of weights and denominations to suit all investor profiles.
- 1 oz Canadian Gold Maple ($50 face value) – the biggest denomination and weight
- 1/2 oz Canadian Gold Maple ($25 face value)
- 1/4 oz Canadian Gold Maple ($10 face value)
- 1/10 oz Canadian Gold Maple ($5 face value) – the smallest denominations and weight
If you don’t have a lot of money to invest at first, you can invest into these gold bullion coins slowly over time, by buying the smallest denomination and building up.
You can also hold a piece of history in your hands as the Royal Canadian Mint (click for more information) issues special coins commemorating festive occasions like the 2010 Olympic or Hologram issues. This investment is something solid that you can hand down to your children and your children’s children as there’s no other investment as stable as gold.
Are You Ready to Buy Gold?
With this information, you are savvy on what the Gold Canadian Maple Leaf is and how you can get your hands on a pure gold investment as such. If you don’t have any precious metal in your investment portfolio, this is a great way to add some in.
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