Monday, 6 February 2012

Tips on Selecting Canadian Coin Buyers

By Glen Phillips


Canadian coin buyers have developed quite the reputation for aggressive coin investing strategies. This has happened primarily because of the popularity of Canadian Gold and Silver coins. In fact the Canadian Gold and Silver Maple Leaf coins are among the most famous precious metals based coins in the world. It is important to note that it takes just a little know how and you too can benefit from these coins as part of a diversification plan to your own investment portfolio.

There are actually several factors that have led to Canada's Maple Leaf coins having gained prominence as well as reasons why Canadian coin buyers seem to be on the constant increase:

1. Both the Canadian gold and silver Maple Leaf are aesthetically pleasing coins owing to the uniqueness of the maple leaf design. As such, these coins are well received by coin collectors and by coin dealerships. This means that Canadian coin buyers can benefit from the high liquidity of these investment instruments. They are also an excellent means of security and asset building. Simply put, the best assets are those that you can sell quite quickly and Canadian coins fit this mold very well.

2. Canadian gold and silver coins are known to be some of the purest coins in the world. The Canadian Gold Maple Leaf has releases rated as having 99.999% gold. The silver coin isn't far behind with most mints certified to have 99.9% silver. The novelty of these mints makes them popular among coin collectors and investors because these are the closest one can ever get to a pure precious metals investment.

3. Canada is after all the immediate neighbor of the United States and this has led to the promotion of many American investors into the coin business. There are avid coin collectors in America who are keen to expand and complete a set of Canadian gold and silver coins. The investment regulation between these two countries is fairly relaxed especially when it comes to tangible precious metals.

4. The Canadian Gold and Silver Maple Leafs are also regarded as legal tender just like America's Gold and Silver Eagle Coins. This means they are guaranteed by the government and investors can benefit from the added levels of security and avoid risk entirely.

You do not have to actually travel to Canada to get your hands on a good set of Canadian Maple Leaf coins. There are many reputable coin dealerships in the country that have tremendous stocks of both the Canadian Gold as well as the Silver Maple Leaf. Each of these can be found in a variety of popular mints and good deals can be had if you shop around. Just remember that the prices when selling Canadian gold and silver coins can be greatly determined by changes in spot prices on a given day. Other than that you should be able to sell your coins quickly if you would like to simply because there exists an extremely high demand from coin collectors all over.

You can definitely take a tip or two out of the book of Canadian coin buyers, especially if you are looking to diversify your coin investment portfolio. Between the high demand and ample supply of Canadian coins already established in this market, you can easily build a business where you specialize in Canadian Gold and Silver Maple Leaf coins. Or you can apply the knowledge gained from such ventures to expand into other investments based on precious metals.




About the Author:



No comments:

Post a Comment