Two Iconic Coins Ideal for Investment Purposes
Two of the more popular coins purchased for investment purposes include the gold American Eagle coins and gold Canadian Maple Leaf Coins.
There as several reasons why investors choose these coins to diversify their portfolios. First, and foremost, they are gold! Most metals investors desire to hold gold in their portfolio because gold is often considered superior to other precious metals. Gold signifies status to many investors.
The gold American Eagle and Canadian Maple Leaf coins come in various sizes allowing you to choose between fractional coin and one ounce coin variations. The gold American Eagle comes in four variations: 1/10 oz., ¼ oz., ½ oz. and 1 oz. The Canadian Maple Leaf comes in five variations: 1/20 oz., 1/10 oz., ¼ oz., ½ oz. and 1 oz.
Because of the size variations that both products offer, they provided both flexibility and cost advantages that clients appreciate. One-ounce products are a little less expensive on a per ounce basis. Fractional coins are less expensive on a per unit basis and offer more flexibility when it comes to distributing assets to heirs, and for barter in the event we end up in a horrible economic situation.
Other factors that make these coins ideal for investment purposes include, both coin series are manufactured by world renowned mints (the U.S. Mint and Royal Canadian Mint), both coin series are legal tender, guaranteed for weight and purity by their respective governments, and both meet the quality and purity requirements established for holding precious metals in a self-directed individual retirement account.