Who invests in the Canadian Maple leaf?
There are few bullion coins that rival the Canadian maple leaf. The Maple leaf has a very strong history and the coin has been very popular across the world for a very long time.
Gold American eagles which is another widely popular gold coin is often more pricey than the Canadian Maple leaf. Now these two coins contain the same amount of gold content but yet the gold eagle usually has a higher premium than the Maple.
The premium above spot affects the final price of the gold coin and these premiums are affected by various factors which are influenced by profit margins by the middle men and manufacturing costs, administration and so forth.
So people who invest in the Canadian maple leaf usually do so because the premium is a little lower than the gold eagle. But don’t be fooled. The both contain the same amount of gold.