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Canadian Gold Coins - Diversify Your Portfolio For A Prosperous Future

Posted by CyberT 



Precious metals have worked for hundreds of years as being a solid type of currency. With the current economic instability in the world's markets Gold is a great way to diversify your portfolio and defend your prosperity. Second only to American Golden Eagle Coins are Canadian gold coins and in particular the Canadian Gold Maple Leaf.

Canadian gold coins are minted by the Royal Canadian Mint that boasts to developing one of the world's most sought after gold bullion coins with the Canadian Maple Leaf. This much wanted coin is almost 24 karats or 99.99% pure gold. The Canadian Government guarantee the coin for its metallic content and legitimacy making sure an extremely liquid and international market.

The Canadian Gold Maple Leaf coin was initially struck in 1979 and it's only direct competition in the gold bullion coin market was the Krugerrand. The kruggerand struggled in the markets as a result of the imposed sanctions of the then South African political status, which therefore helped the Maple Leaf establish itself as global market leader, a grip the coin still holds today.

The Canadian Government guarantees the various denominations of the Maple Leaf contain the confirmed amount in troy ounces of .9999 fine gold. The coins have face values of $1, five dollars, $10, twenty dollars and $50 and are legitimate money in Canada. Back in 1988 the Maple Leaf was also struck in platinum which has identical face values and weights as their gold counterparts. Since 1988 a .9999 silver $5 maple leaf along with a .9995 1oz $50 palladium coins have also been struck.

If you are lucky enough to have the money the Royal Canadian Mint does offer by special order a Gold Maple Leaf which has a face value of $1 million, but the gold content is close in worth to $2 million. Unofficial reports state the Canadian Mint has received five orders for the coins at around $3.5 million a piece.

In volatile monetary times it is especially important to guard your portfolio and buying gold bullion is an effective way to hedge against inflation. By purchasing Canadian gold coins not just do you invest in a market not usually subject to identical volatility as more established investments you invest in a precious metal of utmost beauty and rarity.

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