Monday, September 14, 2015

Coin Profiles: Canadian Gold Maple Leaf Coins

There is a good number of pure gold coins out there for coin collectors. These gold coins have varying values depending on the rarity, weight and purity of the material. If you are into collecting pure gold coins, then you may already have heard about the Canadian Maple Leaf Gold Bullion Coin. It contains a .9999 millesimal fine gold or 24 karat gold. They hardly contain impurities, so if you’re aiming for gold bullion coins, this coin is one in the list.

But first, what does the coin look like? The front design features a side profile of Queen Elizabeth II as well as the inscription ELIZABETH II, the coin’s value and year of minting.  The backside features the Maple Leaf—which is Canada’s official national symbol—and the inscriptions CANADA, the coin’s purity and denomination. This coin design is a creation of Walter Ott.

The Canadian Maple Leaf Gold Bullion Coin is produced annually since 1979 by the Royal Canadian Mint. These coins were produced to deliver to the high demand of gold bullion coins at that time, since before the Canadian Maple Leaf Coin was produced, the only pure gold bullion coin was the South African Kruggerand. The Canadian Maple Leaf Coin is produced from gold mined only within Canada. The Currency Act has also provided these gold coins legal tender status in Canada. It has a face value of 50 CAD.  In other markets, the coin may even cost higher because of rarity, weight and other factors. Canadian Gold Maple Leaf coins now have a gold purity of .9999, whereas those minted from 1979 to 1982 have a gold purity of .999.

Because of counterfeiting issues, an additional security feature was added to these coins. They now have radial lines from the center to the ends of the coins.  Collectors and investors alike seek these pure gold coin bullions to preserve their value.

As a coin collector or an interested buyer, you want to make sure that what you get is pure and legit. There are many coin shops out there that can give you access to Canadian Maple leaf Gold Bullion Coins. Trusted for its service, Colonial Acres has provided good and honest service and has gained a reputation of its own. As an aspiring collector, a beginner or even a professional, you can trust that the coins in Colonial Acres will be a great addition to you collection.

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