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Replies: 9 / Views: 1,465 |
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New Member
United States
4 Posts |
Hi everyone, I'm new in the forum and I'm thinking to start collecting 1oz gold maple leaf .99999 but in encapsulated assays only. So I shoot my questions: 1. Is APMEX a good source for buying them? Is it reliable? 2. If I start collecting them in the upcoming years, will they have some additional value as a collection or just the value of the coins themselves? 3. Are those ones easy to sell in the future? Where? Spread between buying and selling price? 4. Is there any specific site / forum to join for the maple leaf gold coins? TIA! *** Moved by Staff moved to a more appropriate forum. ***
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Moderator
 United States
14463 Posts |
I moved your post to the appropriate section for the proper attention.  
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New Member
 United States
4 Posts |
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Pillar of the Community
Canada
4911 Posts |
1- I don't know for sure but they should be a reliable source for authentic examples, however their premiums may be high..i could be wrong though. I personally would find myself a reputable and trusted local coin shop preferably with a metal testing machine of some sort like an XRF. 2- if sold as a collection you shouldn't expect much profit unless the gold value increases, any valuable gold maple leaf coins are already recognized as such and sold for a higher price than gold. if hypothetically you sold the whole set after you made it, you'd get less money than if sold individually as you can ask a higher premium for single coins, while the more bullion someone buys, the lower the premium they expect to pay. 3- any gold will always be easily sold, and to just about any pawn shop, bank, coin shop or jeweler or collector/stacker. the spread between buying and selling price will always be different so I can not give you dollar amounts, although I'm sure other members can provide you with an estimate of the usual premium paid percentage-wise per coin. good luck but for your own sake please never forget that these coins were only ever meant to be bullion and not a collector item, and they have always been treated as such and always will be 
Feel free to call me Will.
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New Member
 United States
4 Posts |
thanks dollarman, very clear concepts and explanations. I would have thought that at some point in time in the future (maybe decades) if you have some special coins like PF69 or 70 where there are not much minted you wold get some extra vale like the stamps for instance. But you clarified it very well. Cheers
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Pillar of the Community
Canada
4911 Posts |
not a problem..best of luck.
please though also remember that these are modern coins and many exist in 69 and 70..and it also depends who certified it..NGC seems to give out more 70s than PCGS and ICCS does not give anything above a 68 ever.
if you like Canadian gold with low mintages, go after an uncirculated set of sovereigns...they were dated 1911 to 1919 and all are obtainable aside from the 1916 which will set you back tens of thousands of dollars. all are for the most part fairly affordable too. same goes for the 1912-1914 $ 5 and $10 gold coins but I would stay away as uncirculated hoards flooded the market in 2012 effectively killing the market.
Feel free to call me Will.
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Bedrock of the Community
Australia
21788 Posts |
With increasing skill in applied minting technology, PF69-70, and MS69-70 will be the most common grades in the coin population.
The Mints will always try to always supply the highest quality coins to those that appreciate them. It is in their interest to increase sales, to do that. It follows that rarity of these two grades will cease to exist, and thus attract only a tiny premium, equal to the grading fee.
To the collector, it will be harder to sell pristine bullion coins, unless at a bullion price, to a bullion accumulator.
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New Member
 United States
4 Posts |
thanks dollarman, thanks sel for your comments. I really dont want to jump and buy old coins where its difficult to detect quality, etc...thats why I prefer to but the sealed plastic assays instead of buying bulk. I need to retihnk the strategy then...
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Moderator
 United States
188770 Posts |
 to the Community!
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Pillar of the Community
United States
4211 Posts |
 MapleGold...and yes, bullion coins will always for the most part be just that.... with plenty of 69's and 70's floating around. You may possible be able to get a slight premium from a collector for a low mintage year but most will stay around spot price.
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Replies: 9 / Views: 1,465 |
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