short on cashflow

Short On Cashflow: Learn from our financial failures. Fred,Sally and brother Mike blog about investing in simple terms, for simple people on the not so simple path to financial success.

Canada-Maple Leaf Gold Coin

December 5, 2009 | Author: Sigmund | Filed under: Gold & Silver

Canadian Maple leaf gold coin is the country's very own trademark gold coin, which is produced by the world-famous Canadian Mint. It is essentially made of the purest yellow metal of the regular 24-carat matter used by most countries as a gold coin. The complete absence of mixture of any other alloy or base like copper or nickel makes this maple leaf gold coin very special and precious. It is the finest gold from the rich gold mines within the Canadian border.

It was originally introduced in the year 1979 in competition to other bullion coin, which was rare and expensive. But the gold coins minted during the period from 1979 to 1981 have only .999 essence of pure gold in them, unlike the latest Maple leaf gold coin of .9999 essence purity. The coins are privileged and have proudly gained legal royal status in the country. The real value of these coins is much more than its supposed market value. The Maple Leaf gold coin are the true mark of symbolism and therefore very unique.

In the year 1994, gold coins worth $2 dollar per coin market value were minted. Majority of these coins were used in jewelry making. But it was not a successful venture and therefore stopped.

Some special features of the Maple leaf gold coin are as follows:

The maple leaf gold coins are popular all over the world; the distinct trademark maple leaf design is recognized for its unparalleled purity.

The first coins, which have 99.99% purity of gold, therefore these coins are worth preserving.

The gold ornaments made from these almost 100% gold metal is really worth their money and more.

Gives maximum value for liquidity and maintenance.

The Canadian government guarantees the purity and worth of these wondrous yellow metal coins.

The coin is embodied with the maple leaf on one side and the picture of Queen Elizabeth 11 adorns the other side.

The Canadian prides reflects the glory of its country, which is famous for its independent spirit, freedom of expression, secure and stable policies.

The market value of maple leaf is priced on the current value in market. This spot price for gold (which is changing in nature) is reported in all main news bulletins, national television network, radio and even online news portals.

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