Why the Canadian Gold Maple Leaf is a Good Investment

by James on August 12, 2011

Does the thought of investing in the stock market make you sick? The ups and downs of this type of investing seem to be turning people off as they can’t count on the funds being there when they need them. Although most experts will tell you that you should only play the stock market if you are in it for the long term, what happens when you have been in it for years only to find that it takes a significant downturn just when you need the money the most? For this reason, more and more are turning to gold as a safe investment rather than stocks which show such uncertainty. The Canadian Gold Maple Leaf coin is a great place to start investing in this manner.

First introduced in 1979, the Canadian Gold Maple Leaf coin is a great choice for old and new investors alike. This coin is 99.99% pure which investors love, as it is easy to determine the value when the gold market fluctuates. Care must be taken with this coin as it does tend to show damage more easily than coins which aren’t as pure. As long as you don’t plan on pulling your coin out on a regular basis though just to admire it, this coin is a great choice. If you do want to be able to gaze on it, make sure you place it in a protective covering to prevent scratchs and dents.

When you choose to purchase a Canadian Gold Maple Leaf coin, you will also be getting a piece of royal history. When this coin was first introduced, the front of the coin showed a young bust of Queen Elizabeth II. Over time though, as the Queen aged, the company realized that a change needed to be made. In 1990, the front of the coin was redesigned to show a more accurate representation of the Queen as she is today. If you are interested in a collection of gold coins, you will want one of each version. Otherwise, you can obtain whichever is most currently available.

The back of the Canadian Gold Maple Leaf coin features the national symbol of Canada which is the maple leaf. The Canadian government guarantees this coin in terms of its legal tender, purity and weight. Buy with confidence knowing you are making a solid investment in your future. Sadly, you can’t say the same about the stock market.

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