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Canadian Maple Leaf Gold Coins (Question)

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Author Previous TopicReplies: 9 / Views: 4,685Next Topic  
Valued Member
Coinage's Avatar
Canada
159 Posts
 Posted 12/25/2008  5:53 pm Show Profile   Bookmark this topic Add Coinage to your friends list Get a Link to this Message Number of Subscribers
Are Maple Leaf gold coins considered collectables?

Do Gold coins collectable value surpass the price of gold itself?
Edited by Coinage
12/25/2008 6:30 pm
Pillar of the Community
wd1040's Avatar
United States
3098 Posts
 Posted 12/25/2008  6:02 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
1st question: no, not really, since the RCM puts out at least a few million each year.

2nd question: rule of thumb of gold maple price is usually 5% about spot.

Krugerrand is 1%
Maples are 5%
AGEs are 7-8%
Buffalos are 10%

But in this time where gold bullion (physical) is scarce, add 4% to each category.
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wd1040's Avatar
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3098 Posts
 Posted 12/25/2008  6:05 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Also, given the multitude of different types of Maples put out by the RCM every year, which ones are you talking about? The Vancouver, .99999 fine, or just regular ones?

Vancouver and regular are about the same price, but the .99999 fine ones usually command about $50-70 higher.

***USD***
Valued Member
Coinage's Avatar
Canada
159 Posts
 Posted 12/25/2008  6:24 pm  Show Profile   Bookmark this reply Add Coinage to your friends list Get a Link to this Reply
I was thinking of buying gold as an investment, gold ingots/bars are probally a better value than buying a horde of Gold coins. I was just wondering if the actual coins had some collector value that could possibly increase the ROI on Gold coins.
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wd1040's Avatar
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3098 Posts
 Posted 12/25/2008  6:32 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
But you're only 13!

Just kidding... my collection's centerpiece is a maple leaf I bought when I was 15.

If you want to buy gold as an investment AND collector value without spending too much money, I suppose you can find a few American double eagles ($20 St. Gaudens and the like) but then again it might cost you more because they are mainly collector coins.

I just don't think there's a bullion coin today that has both investment and collector traits, because governments want to put out as many bullion coins as they can to raise revenue, and this decreases the collectibility of it because then there's just too much in the market. I just have a few Krugerrands mainly for the investment part of it.
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Coinage's Avatar
Canada
159 Posts
 Posted 12/25/2008  9:46 pm  Show Profile   Bookmark this reply Add Coinage to your friends list Get a Link to this Reply
I'm not 13! Just never got around to editing my profile.

I was also thinking of Silver and platnum. With the prices still low these days, I better make up my mind QUICK! When I first had interest in buying gold the spot price was at $740 (Oct), two months later its already $850ish.
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wwhitman's Avatar
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1415 Posts
 Posted 12/25/2008  10:44 pm  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
If you are using gold as an investment then it's for the long term.
I think the premium on current US gold coins is a lot. But I have seen that be wrong as well.

If you are buying for investment only, I would think gold or silver coins that have little numismatic value added would be the best. Paying little over the value of the metal.

Hope this muddies the water a little.

This reminds me I should have kept the 66 big block vette!
Valued Member
Coinage's Avatar
Canada
159 Posts
 Posted 12/25/2008  11:17 pm  Show Profile   Bookmark this reply Add Coinage to your friends list Get a Link to this Reply
I wish I bought gold when I was 13. I had the idea to buy gold when I was 19yrs old, friends and family thought It was a waste of money, instead I bought clothes and beer. :(
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IBGolden's Avatar
Canada
598 Posts
 Posted 12/26/2008  12:35 am  Show Profile   Bookmark this reply Add IBGolden to your friends list Get a Link to this Reply
If I may...
I am a bullion collector by accident. Investing in coins for hard times. To keep the boredom low, purchasing different bullion is interesting. Krugerrands, Maples, Eagles, Britannias, Nuggets, Philharmonics, Isle of Man Angels/Cats/Dogs, Pandas, Libertads, Ducat restrikes(government issues of gold coinage produced as bullion), Buffalos, French Angels/Napoleans(produced in vast numbers and trading like bullion)... Then there are all these 1/20 & 1/25 commemoratives; Nuie, Tuuvalu, Mariannas Islands, etc. etc... commemorating everything from Einstein to the Pyramids(no need for the subject to actually represent the producing country). I certainly am not interested in them all, but always try to get something different, but marked as to it's gold content.

So, as an investment you can still make it interesting. It is possible to get stuff near spot(say, no more than 4%) with shipping on ebay... I lose a lotta auctions. But, if I won them all I'd also not be happy... I'd be downrite poor! Starting with the major recognized coins(Krugerrands, Maples, Eagles, Britannias, Nuggets) you can buy fractionals to suit your budget, but buy as bullion... let them get away if too costly, there will be more upcoming. If you buy in your own country, no problem, if you are importing you must learn about import regulations. The fact that some coins carry a token monetary value reflects greatly on import duties and excise. The country of origin for any trade recognitions(regardless of where the coin is sent from) is also a factor.

But enough of all that...
There are proof bullion coins and sets that are considerably over spot. The RCM produced a $2 plain bullion finish coin(to reflect Canada's circulation twoonie coin); 1/15oz gold maple in 1994, with a mintage of only 3,540. They can be worth several hundred$.
...Edit VVV pix added VVV
Canadian-Maple-Leaf-Gold-Coins-Question
Maples are also privy marked in certain years... a little fireworks mark for year 2000... family, eagles, liberation, viking ship(rare,collected,expensive). Then there are proof strikes, anniversary issues, coloured sets, hologram sets, ringed(silver) bi-metallic... yes, these are all maples.
1979 - 1982 .999
1982 - present .9999 with experimental .99999; these go for around 50% more than bullion.
The design has changed as well. Minor stem, relief changes. And wording changes.
Again, I digress. There are collectable bullion coins that go for well above spot... you may get lucky buying bullion.
Edited by IBGolden
12/26/2008 01:15 am
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wd1040's Avatar
United States
3098 Posts
 Posted 12/26/2008  03:54 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply

Quote:
investment then it's for the long term.


Yes Yes Yes! Gold and silver is mainly for long term, for example at least 3 years.

As for investment purposes, Krugerrands are the way to go. They have low premium AND AND AND AND AND they're 22kt, so they won't get scratched so easily, unlike my Maple, which has a bag mark right on the Queen's neck.

Also, mine is from 1982, so it's .999 fine. Wonder if this will hurt the retail value, but I'm lucky I got this from a promotion and got it for spot

Here's mine:

Canadian-Maple-Leaf-Gold-Coins-Question
Canadian-Maple-Leaf-Gold-Coins-Question
Edited by wd1040
12/26/2008 04:08 am
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