The New .99999 Gold Maple Leaf

coinsarefun · May 14, 2007 10:09AM

Does the fact that the Canadian Mint makes such a pure gold coin makes it more collectable? Does it carry a higher value for the future?

They really are beautiful. I was wondering if the price is worth investing in for the future.

A clip I took from the add:

The Royal Canadian Mint (RCM) has released the very first .99999 (that's five 9s!) pure one-ounce gold Maple Leaf. This gold coin represents a new standard in investment products and is the only .99999 pure gold bullion coin currently produced by a government mint.

Prices

Ebay

Zoins · May 14, 2007 10:15AM

Just search for "99999 gold" on eBay. Canada's made a number of .99999 Au coins over the years. Here's a 2005:

Shamika · May 14, 2007 10:19AM

Perhaps this will be the end of copper spots?

coinsarefun · May 14, 2007 10:20AM

Is there any way to track sales in the past. Like coinvalues.com
How long have they been selling?

Zoins · May 14, 2007 10:21AM

<< Perhaps this will be the end of copper spots? >>

Do 3N and 4N gold develop copper spots?

planetsteve · May 14, 2007 10:22AM

<< 

The Royal Canadian Mint (RCM) has released the very first .99999 (that's five 9s!) pure one-ounce gold Maple Leaf. This gold coin represents a new standard in investment products and is the only .99999 pure gold bullion coin currently produced by a government mint.

>>

It's that extra nine hundred-thousandths of gold that makes a quality coin, I guess. I better hurry to get rid of my Buffalo junk piece before it disintegrates!

Seriously, it's interesting to see another set of products, even from a hype-oriented brand like the Canadian Mint. (They make the US Mint seem austere in comparison.)

Zoins · May 14, 2007 10:26AM

<< It's that extra nine hundred-thousandths of gold that makes a quality coin, I guess. I better hurry to get rid of my Buffalo junk piece before it disintegrates! >>

If you are wondering why 5N Au is important, see this thread

planetsteve · May 14, 2007 10:46AM

<< 

<< It's that extra nine hundred-thousandths of gold that makes a quality coin, I guess. I better hurry to get rid of my Buffalo junk piece before it disintegrates! >>

If you are wondering why 5N Au is important, see this thread

>>

The 3N-4N-5N collecting construct sure seems a lot more high-falutin' than my idea to collect simply by base metal.

Shamika · May 14, 2007 11:02AM

<< << Perhaps this will be the end of copper spots? >>

Do 3N and 4N gold develop copper spots? >>

Well, according to this thread, 4N isn't enough.

Zoins · May 14, 2007 11:05AM

Some Canadian gold coins are alloyed with silver instead of copper. Anyone know what happens when the silver starts to tarnish in alloys like that?

Shamika · May 14, 2007 11:39AM

Silver naturally occurs in placer gold somewhere around 10% so I wouldn't expect toning to be an issue.

MilesWaits · May 15, 2007 3:53AM

coinsarefun:
Thanks for the heads up on these. I chose one. Since it was a dutch auction, the confusion, I believe, kept the price down.
Beautiful gold coin!

Miles

flaminio · May 15, 2007 4:14AM

Five Nines gold is cool ... but not $2200 cool, for me. It's still just one ounce of gold, same as a Buffalo.

percyb · May 15, 2007 4:36AM

<< Is there any way to track sales in the past. Like coinvalues.com
How long have they been selling? >>

You can track coin sales on Ebay or Teletrade.

Zoins · May 15, 2007 4:38AM

<< Five Nines gold is cool ... but not $2200 cool, for me. It's still just one ounce of gold, same as a Buffalo. >>

Another difference between the 2005 5N CGML and the AGB is mintages. The 2005 5N CGML has a mintage of 400 while the AGB is umm, high. Of course, that one is Canadian and the other is US makes a big difference in demand. Many differences even if both are one ounce of gold.

MilesWaits · May 15, 2007 4:49AM

A significant amount less than $2200.00!

2007 Canadian Gold Maple Leaf - .99999 Pure - Presale
Very Low Mintage Expected

Winning bid: US $700.00

--------------------------------------------------------------------------------

Ended: May-15-07 00:08:27 PDT
Shipping costs: US $12.10
US Postal Service Priority Mail®
Service to 89451, United States
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Ships to: Worldwide
Item location: Texas, United States
Quantity: 0 available
History: Bidders list

frostbyte · May 15, 2007 5:00AM

I watched a show on 4N Maple leafs a while back when not many if any others were doing it and they compared the difference in the US bullion Eagles to theirs and it was very interesting all the extra steps it took to get to 4N. 5N would be even harder, but hard to proove. They are probably laughing at us. Once they sell all those they will stick a 6N on some and then 7N. ^_^ Crazy Americans. But in all seriousness, I'd buy it over a 4N unless I liked the 4N design better. Buffalo's are pretty cool compared to those as far as picture goes IMO.

flaminio · May 15, 2007 5:03AM

<< 2007 Canadian Gold Maple Leaf - .99999 Pure - Presale
Very Low Mintage Expected

Winning bid: US $700.00 >>

Wow, great price. That's gonna be below melt by summer's end.

Assuming the seller delivers on the presale, that is...

MrKelso · May 15, 2007 9:59AM

APMEX has them as issued on card from the mint for spot+

coinsarefun · May 15, 2007 10:07AM

They have pretty good prices .

MrKelso · May 15, 2007 10:12AM

<< They have pretty good prices . >>

On most things yes, I picked up 2 of the new 99999 Canadians today from them.

There are brokers out there selling them graded MS 69 by PCGS for $1150 and $2200 in MS 70

You get them raw on issue card for spot+ from APMEX

MilesWaits · May 15, 2007 11:52AM

And, they are now ecaspulated in hard, rather than the soft plastic, which gives a nicer presentation without the need of the graders encapsulation.
The photo on APMEX helpled my decision.

Miles

tmot99 · May 15, 2007 11:55AM

Here's my favorite .9999 Canadian piece.... I don't have any 5-9 gold.

pf70collector · May 15, 2007 11:59AM

I have the 2004 25th Anniversary one in NGC 70 that I got for almost spot in 04 from SilverTowne.

MilesWaits · May 15, 2007 12:05PM

"I have the 2004 25th Anniversary one in NGC 70 that I got for almost spot in 04 from SilverTowne"

Yes, so do I. I see the value rising on ebay lately with some selling for over $1000.00. I think mine were purchased for around $580.00. They are unique.
I also like the maple Palladiums. I have some in the NGC MS69 2005 version.

Miles

coinsarefun · May 15, 2007 12:35PM

I want to thank you for recomending APMEX they seem very good. I have one problem, now I don't know what to buy.....

MrKelso · May 15, 2007 7:43PM

<< I want to thank you for recomending APMEX they seem very good. I have one problem, now I don't know what to buy..... >>

Longacre · May 15, 2007 8:00PM

I consider these to be bullion but in coin shape.

ARCO · May 16, 2007 12:33AM

The coins are listed at $1,1195.00 and gold spot today is at $665 + - . As an "investment" or as a hedge against inflation, the prices are so above spot that the buyer is an instant loser in both regards.

$530.00 more for that 5th .9 of purity? What a waste of good money in my opinion!

Tyler

Hugegut · May 16, 2007 1:31AM

The New .99999 Gold Maple Leaf

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