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The price of gold has fluctuated throughout history, but its ability to store value has remained consistent. This has led to countless new investors seeking the precious metal. And for those delving into bullion investment, Canadian gold coins will eventually catch their attention.
When you come across these offerings, you may wonder what makes them so special. After all, wouldn’t buying a 1-ounce gold bar provide the same value? In fact, wouldn’t it be cheaper to invest in bullion bars? The answer is “yes,” but that doesn’t tell the total story.
If you’re thinking of buying precious metals, Canadian gold coins are a great place to start. The country we lovingly call “The Great White North” offers far more than just beauty — it offers exceptional bullion. The only thing that makes this better is just how easily you can own these coins.
Are Canadian Gold Coins a Good Investment?
Gold coins from any country’s mint are a good investment strategy. They hold universal value and carry the guarantee of the government that produces them. You can also watch the price of these items rise in real time with the price of gold, so you know your investment is sound.
Of course, not all gold bullion coins are created equally. Why do some offerings experience far higher demand than others? There must be a reason Canadian gold coins are among the most popular in the world, right? Fortunately for anyone interested in this bullion, there are several reasons.
The Highest Standard Gold on Earth
When you buy gold bullion coins, you’ll typically encounter roughly the same purity. While some experts put the fineness of bullion gold at around 950, many mints aim for closer to 999 purity. This is what you’ll find in the popular Canadian Maple Leaf coin, but Canada went a step further.
For the country’s Klondike Gold Rush gold coin, gold with a purity of 99999 was used. This is the highest standard of pure gold in the world. Even for those who opt for other Canadian gold coins, buying from a mint that offers this level of excellence is an easy decision.
In fact, the gold purity of common Maple Leaf coins also ranges from 999 to 99999. This means some of your coins may have a higher fineness than you expect.
Established and Respected Mint
Any gold coin you purchase from a reputable dealer likely came from a respected mint. This means your purchase comes with a guarantee of purity and precious metal content directly from the issuing government. Relative to other mints, though, the Royal Canadian Mint (RCM) stands out.
The country’s currency bureau has existed since 1908 — giving it more than a 100 year reputation. Additionally, the RCM produces coinage for other countries. This shows just how respected the mint has become around the globe. It also helps explain the popularity of Canadian gold coins.
Recognition and Consistency
Off the top of your head, can you envision what an Australian WWII gold coin looks like? Thanks to the massive selection of bullion coins around the world, most people have no clue about its appearance. This simply isn’t a problem for the 1-ounce Canadian Maple Leaf.
The maple leaf design is one of the most iconic ever created, and this Canadian gold coin has remained largely unchanged since its introduction in 1979. In addition to an easily recognizable design, the qualities of the coin remain consistent every year.
When you buy a gold coin produced in Canada, you know exactly what you’re getting every time.
The Coins Themselves Are Historic
You could make an argument that any coin in production is historic. With Canadian gold coins, however, no one can deny the importance of their place in history. That’s because when it hit the market in 1979, the gold Maple Leaf was the only widely available gold bullion.
The South African Krugerrand had been in high demand beforehand, but this changed due to the country’s Apartheid policies. Nations from around the world banned the import of the coin. Since America’s Gold Eagle wouldn’t come out for another seven years, the Canadian Maple Leaf was dominant.
Sizes of Canadian Gold Coins
Gold coins produced by the Royal Canadian Mint are highly valued. Before you invest, though, it’s important to realize that they’re not all the same. In fact, you could find two coins with the exact same design that have very different values.
This is because the maple leaf design gets used on a variety of Canadian gold coins. By recognizing the differences in these offerings, you can ensure you’re not overpaying when buying bullion. The following face values will help you identify the exact precious metal weight:
- $1: 1/20 ounce
- $5: 1/10 ounce
- $10: 1/4 ounce
- $20: 1/2 ounce
- $50: 1 ounce
Whether you buy a 1-ounce Canadian Maple Leaf or one of its smaller counterparts, you’ll receive the same quality standards. Every coin features a purity of at least 999 fine gold. As long as you know the weight of these coins, you’ll be able to figure out a fair purchase price.
Unique Gold Coins from Canada
Most countries keep it simple when they release gold bullion. While some Canadian gold coins fall into this category, the country’s mint also goes above and beyond. Once you see a few of Canada’s unique bullion offerings, you’ll understand why they’re the best at what they do.
- Colorized coins: The RCM produces a variety of colorized coins. The Ramming Bighorn Sheep edition is particularly vibrant, but countless other examples stand out as well.
- MapleGram Sheets: In an effort to make gold investing accessible to everyone, Canada released MapleGram sheets. These contain 25 individual 1-gram coins in blister packs that you can remove without affecting the other coins.
- Extraordinarily High Reliefs: The Royal Canadian Mint produces a variety of extraordinarily high relief (EHR) coins. These are minted in a proof finish that has a mirror-like surface. The details on these coins are unmatched.
Whether you’re looking at silver or gold Canadian coins, you’ll realize the country takes its bullion seriously. You’d be hard-pressed to find any other mint with such an array of unique and specialty coins. And since they’re coming from the RCM, their value is indisputable.
How to Buy Canadian Gold Coins
If this guide has excited you about gold coins from Canada, you may have already ventured to their mint’s website. You may have also come across an issue, however, if trying to purchase coins on the site. The reason behind this becomes clear when you dig deeper into the page:
“The Mint does not sell bullion products directly to the public; only to distributors who have the infrastructure to sell and buy back to and from the public and manage sales to individual dealers…”
This means if you want to buy Canadian gold coins, you’ll need to go through a reputable dealer. Silver Gold Bull has a large inventory of bullion coins directly from the Royal Canadian Mint. And with our Best Price Guarantee, we’ll beat any other competitor price you find online.
Invest in Canadian Gold Coins Today
Mints from around the world produce gold bullion coins, but few see the demand of those that hail from Canada. The expansive selection, high precious metal content and unique offerings are enough to catch the attention of any investor or collector.
When you’re researching specific coins to add to your portfolio, though, you want to ensure you’re getting what you pay for. That’s because there’s an epidemic of fake gold on the marketplace. Only buying from reputable dealers can help you avoid the risk of losing your investment.
At Silver Gold Bull, all our products come directly from the most respected mints in the world. Visit our Canadian Gold Coins page today to see our vast selection of bullion from Canada. No matter what items you choose to invest in, they will always carry the Royal Canadian Mint guarantee.
