Leaf Gold
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Why does gold 24kt gold leaf cost so much less than bullion?
Oz. for Oz., why does 24 kt gold leaf cost so much less than bullion? Is there any money to be made in gold leaf? Serious answers only please.
cuz bullion is pure gold 24kt gold has other metals mix in it
Maple Leaf Gold Coin
The maple leaf gold coin was first introduced in Canada in 1979 but was quickly halted because of a boycott. The coins then had a gold content of .999, which has been increased since then to a .9999 and a very rare edition made with .99999. This means that there is hardly any other substance in it other than gold itself.
While the maple leaf gold coin is technically legal tender in Canada, the actual value involved is much higher than you would ever receive in purchasing power. The maple leaf gold coin are made of weights including the 1/20oz, 1/10oz, 1/4oz, 1/2oz and 1oz coins which are all generally used as collector items. In 1994 there was a new coin introduced with a weight of 1/15oz which was planned for the use in jewelry but since it was not successful, that is the only year it was every made.
The maple leaf gold coin is minted only by the well-known Royal Canadian Mint and is backed by the government for its quality. For people who want to buy these gold coins for investing then they have something that can be legally sold to a dealer at any time without hassling over the value of the item. To buy them you can visit a dealer or order them online, it is very simple and secure.
Because the maple leaf gold coin has different weights, if you are looking to make an investment, you should do so only after speaking to someone who knows the ins and outs of the this area. There are different forms of gold and this being only one of them may or may not suit your purposes. You may opt to try a smaller investment in a maple leaf gold coin just for the sake of having it, but putting the bulk of your investment money into another type of gold.
The maple leaf gold coin may not suit all of your investment needs, so gathering information about the whole gold market, not just coins will serve you better in the end. There are other gold coins, gold bars, or even scrap gold to consider as well depending on why you are planning on purchasing this precious metal. You can consult a professional about this or even read up on the topic before going into it.
The maple leaf gold coin dealer that you see will hopefully be honest and open with you, but it is always the wisest choice to already be aware of the topic and to have the most extensive knowledge that you can obtain in the length of time that you give yourself. There are sources on the internet that you can find to read about gold investments that will give you the essential information for investing in gold and the maple leaf gold coin.
About the Author
Sick Pinstripe and Gold Leaf
