Canadian Mint Gold Coin

I'm talking about a current US or Canadian minted coin.

50 dollars

2007-05-05 19:17:26 by Repub-lick'n

www.freewebs.com www.forthecause.us tvnewslies.org OTTAWA - Got change for a million? Canada does: the world#39;s biggest pure gold coin at 220 ...

The demand for gold is rising fast because the U.S. economy is tanking. If coin dealers are out of all American Gold coins including American Gold Eagles too, would you buy a Canadian Maple Leaf or a South African Krugerrand? http://www.huffingtonpost.com/2008/09/28 /us-mint-suspends-sale-of_n_129960.html< br /> http://latimesblogs.latimes.com/money_co /2008/08/gold-market-bul.html

It's not just happening in Gold. Silver bars smaller then 100oz are difficult to find and have a premium be charged on them because of their small size.

With the US bail out and the European bail out people are switching what they can into precious metals as a hedge against inflation.

2008-10-05 04:01:09 by Honey_B

Investment Grade Bullion Silver
Carefully placed in an Air-Tite Capsule for lasting protection
Diameter: 38 mm

I am interested in buying some gold coins, like the American Eagle, Canadian Maple, etc.

I want to buy it for investment.

So it is it necessary/important that I get them in their orginally sealed state (as from the mint) and with a authenicity cerficate of BU (brilliant uncirculated)?

Or I can just get them in uncirculated conditions? and still be able to sell them with equal values as the sealed ones?

Thanks

Actually modern uncirculated gold coins sell for the value of the gold in them. They have little collector value unless the mintage that year is very small. That does not seem to be the case in the 21st century. An example would be the 1991 1/2 ounce which had a mintage of only 24,100 pieces. Some of the better off collectors are putting sets together but they are few in number but will pay more for the rarer dates. It used to be the box was important but a lot of people are having their coins professionally graded and slabbed so no box. On modern commemorative I notice dealers charge about the same with or without box. To me it is the coin that counts but I am not an investor. I have done very well being a collector and doing my home work so I know more about the coins I buy than the dealer and not let him know I do. I see little difference in price in the boxed or no box bullion items. Most of the time they are the same.

2008-01-29 20:33:57 by PeachyDay

Gorgeous coin to your collection
Brilliant Uniciculated!
2011 1 oz Gold Canadian Maple Leaf

A friend of mine just showed me her 1oz. Gold Maple 9999 Fine Gold and it says "50 DOLLARS" on it, but she says she bought it for $1000.

And on her 1oz SILVER Maple 9999 Fine Silver it says "5 DOLLARS", but she bought it for around $20.

What is the Royal Canadian Mint not telling us?

So that people would be more likely to accept it when trading with people. But it in no way reflects the content value of the coin.

2009-09-23 13:50:57 by huh?

A friend returned from Greece today and gave me some Euro coins that I tested to be magnetic.

Canadian 'looneys' (one dollar coin) are magnetic although appear gold as do our recently minted dollar coins. But US dollar coins are not attracted by a magnet.

http://www.usmint.gov/about_the_mint/?ac tion=coin_specifications


Note: The metallic composition of a Sacagawea Golden Dollar coin is identical to that of the Presidential Dollar coin.

2009-05-15 13:37:20 by Robert B