If you want to sell Canadian Maple Leafs then there are a number of factors that need to be considered. First of all you should familiarize yourself with the various varieties of Canadian maple leafs available in the market. These coins are typically composed of gold or silver, but platinum varieties also exist. Without doing some research regarding the various varieties available, you might not be able to sell your coins at the most competitive prices. Also, these coins are not as common in the U.S. as some coins, which can limit your possible market.
Still, it doesn't take a coin expert to understand the details of each coin type. In the succeeding paragraphs, we'll try to explain each coin type in order to help those who want to sell Canadian Maple Leafs gain a better appreciation of the currency that they have and what they can expect to receive when they conduct transactions.
Canadian Gold Maple Leaf. This is the official government-sanctioned gold bullion coin of Canada and is widely considered as the purest regular-mint gold coin in the world. The gold content of a Canadian Gold Maple Leaf is 0.9999 fine, which is equivalent to 24 carats or 24k. It would also be of great help to know that Gold Maple Leafs minted between the years 1979 to 1982 were only pure up to 99.9%, also referred to as triple nines, and only subsequently refined further in later releases.
The Canadian Maple Leaf is available in denominations of $1, $5, $10, $20 and $50 containing gold of 1/20 ounces, 1/10, , and 1 ounce. A good coin for collectors is the 1/15 ounces $2 coin struck in 1994, which was shortly discontinued thereafter. The limited mintage of these coins means there are fewer of these coins to go around thereby increasing its premium value.
Canadian Silver Maple Leafs. In addition to the gold coins mentioned above, silver Canadian maple leafs also present a great opportunity to potential investors. In terms of profitability and popularity these coins are comparable to gold coins. These coins were first released in 1988 by the government of Canada. Another great attribute of Canadian Silver Maple Leafs is that they contain a high purity of silver. The one ounce silver coin, composed of 99.99% silver, has a face value of $5, but because of the high metallic content it sells for over $20 in the precious metals market. The one ounce variety is the most common silver maple leaf. Some other types also exist but they are very rare.
It is very easy and profitable to sell silver Canadian Maple Leafs because the demand for these coins is very high. If you own rare silver maple leafs, such as those minted between 1996 and 1997, then you can find a buyer without much effort. That's because these coins were made in a very small quantity and their demand has increased tremendously over the years. Around 101,000 silver maple leafs were minted in 1997 as opposed to a more moderate amount of 1.2 million in 1999 and nearly 18 million in 2010! As a result the 1997 silver maple leaf has become a favorite among collectors and coin investors around the world.
One can sell Canadian Maple Leafs at very competitive prices, so if you own some maple leafs and are considering selling them, you should have them evaluated by a coin expert. However you might not be able to gain the expected returns unless you utilize the services of a trust-worthy dealership and keep yourself informed with the latest happenings in the silver market. You should also keep an eye on the prices and demand of Canadian Maple leafs.
Still, it doesn't take a coin expert to understand the details of each coin type. In the succeeding paragraphs, we'll try to explain each coin type in order to help those who want to sell Canadian Maple Leafs gain a better appreciation of the currency that they have and what they can expect to receive when they conduct transactions.
Canadian Gold Maple Leaf. This is the official government-sanctioned gold bullion coin of Canada and is widely considered as the purest regular-mint gold coin in the world. The gold content of a Canadian Gold Maple Leaf is 0.9999 fine, which is equivalent to 24 carats or 24k. It would also be of great help to know that Gold Maple Leafs minted between the years 1979 to 1982 were only pure up to 99.9%, also referred to as triple nines, and only subsequently refined further in later releases.
The Canadian Maple Leaf is available in denominations of $1, $5, $10, $20 and $50 containing gold of 1/20 ounces, 1/10, , and 1 ounce. A good coin for collectors is the 1/15 ounces $2 coin struck in 1994, which was shortly discontinued thereafter. The limited mintage of these coins means there are fewer of these coins to go around thereby increasing its premium value.
Canadian Silver Maple Leafs. In addition to the gold coins mentioned above, silver Canadian maple leafs also present a great opportunity to potential investors. In terms of profitability and popularity these coins are comparable to gold coins. These coins were first released in 1988 by the government of Canada. Another great attribute of Canadian Silver Maple Leafs is that they contain a high purity of silver. The one ounce silver coin, composed of 99.99% silver, has a face value of $5, but because of the high metallic content it sells for over $20 in the precious metals market. The one ounce variety is the most common silver maple leaf. Some other types also exist but they are very rare.
It is very easy and profitable to sell silver Canadian Maple Leafs because the demand for these coins is very high. If you own rare silver maple leafs, such as those minted between 1996 and 1997, then you can find a buyer without much effort. That's because these coins were made in a very small quantity and their demand has increased tremendously over the years. Around 101,000 silver maple leafs were minted in 1997 as opposed to a more moderate amount of 1.2 million in 1999 and nearly 18 million in 2010! As a result the 1997 silver maple leaf has become a favorite among collectors and coin investors around the world.
One can sell Canadian Maple Leafs at very competitive prices, so if you own some maple leafs and are considering selling them, you should have them evaluated by a coin expert. However you might not be able to gain the expected returns unless you utilize the services of a trust-worthy dealership and keep yourself informed with the latest happenings in the silver market. You should also keep an eye on the prices and demand of Canadian Maple leafs.
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Learn more about the best way to sell Canadian maple leafs. Stop by Atlanta Gold and Coin Buyers' site where you can find out how to receive more when you sell Canadian maple leaf coins.
