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Gold Maple Leafs and Silver Maple Leafs are receiving packaging makeovers, changes clearly mandated by trader disfavor with packaging that the Royal Canadian Mint has used since the coins were introduced. Silver Maple Leafs debuted in 1979, Silver Maple Leafs in 1988. The changes look like great moves, that ought to enhance sales of Silver Maple Leafs and help keep Gold Maple Leafs preferred pure (.9999 fine) gold bullion coins.
Since creation, 1-oz Gold Maple Leafs have been manufactured twenty to a tube. Because Maple Leafs are 24-karat, pure gold, they're soft, relative to alloyed gold coins, such as for instance American Gold Eagles and Krugerrands. More, due to the style of the coins and the tight-fitting tubes, it's difficult to get rid of, check, and reinsert 1-oz Gold Maple Leafs within their tubes without damaging the coins.
Really, reinserting Gold Maple Leafs without at least some scratching is nearly impossible. Further, if the individuals checking the coins do not know how quickly the Gold Maple Leafs are damaged, unnecessary injury usually occurs as the coins are out their tubes.
Silver Maple Leafs hold the image of Queen Elizabeth II on the front, with a flat, clear field alongside the image. The shells have the outline of a maple leaf, ergo the coins names. The situation arises from the coins actually sharp milled (reeded) sides. The milled ends frequently scratch the grounds, when the coins are reinserted within their tubes.
Then there is the situation with investors who prefer to heft their coins to get a feel of them. Should they put 4 or 5 Gold Maple Leafs in the arms of their arms and clang them, the damage can be quite serious. Must a Maple Leaf be dropped, wheel damage is nearly guaranteed in full.
As Gold Maple Leafs have been sold in to the secondary market, damaged coins have become this kind of issue that Gold Maple Leafs have lost popularity with people. The problem has become therefore popular that lots of merchants quote just burn for Gold Maple Leafs, regardless of their condition. By if number buyers are found for the coins spending only melt, merchants can profitably sell the coins for professional or jewelry reasons.
Gold Maple Leafs, like the Gold Eagles and the Krugerrands, are gold coins, which deal for the value of their gold content, plus small premiums. Damaged Gold Maple Leafs don't mean a lack of gold; they include an ounce of gold regardless of scratching or edge lacerations. However, buyers don't like to get damaged coins. This means that Gold Maple Leafs sold in to the secondary market have to be assessed for the degree of damage.
Some suppliers refuse to take the time to individually examine Gold Maple Leafs and separate them in accordance with their condition. These are the wholesalers who usually can pay only dissolve for 1-oz Gold Maple Leafs, aside from situation. Luckily, the free market being what it's, you may still find some merchants who will buy based on condition.
Yet the handwriting is on the wall: 1-oz Gold Maple Leafs in tubes will continue steadily to lose reputation and probably will join Krugerrands, Mexican 50 Pesos, and Austrian 100 Coronas as basic bullion coins, which hold the smallest costs in the bullion cash market. Still, the appearance makeover should fillip sales of new Gold Maple Leafs.
With the new packaging, each 1-oz Gold Maple Leaf will be encapsulated in plastic and stopped in the centre of a plastic card, notably as 1-oz gold bars are manufactured. However, the plastic protecting the Gold Maple Leafs will undoubtedly be heavier and more durable than the plastic combined with 1-oz silver bars. The coins should be kept by the new packaging from being easily damaged.
With the new packaging, the Royal Canadian Mint made yet another large change: 1-oz Gold Maple Leafs can now come 25 to a field, while the previous packaging is ten to a tube. As 20 coins this change may further increase income are normal buying units for gold bullion coins, since the worlds hottest gold bullion coinsAmerican Gold Eaglescome 20 to a pipe. Consequently of the change, people looking total original packaging may progress to 25 ounces.
Nevertheless, requests for small amounts mean the coins must be taken off their mint boxesbut still independently encapsulatedand put in other containers. More storage space will be also required by the new packaging for Gold Maple Leafs than for 1-oz silver coins which come in tubes.
While 1-oz Gold Maple Leafs is a bit more awkward to deal with, a large part of the gold coin bullion industry prefers pure gold coins. Gold Maple Leafs have long been the most used 1-oz natural (.9999 fine or 24-karat) gold bullion coins available on the market, and the brand new appearance must hold Gold Maple Leafs while the preferred 24-karat gold bullion coins. (Industry for pure gold bullion coins is believed to be $2.4 million annually.) The newest presentation is anticipated to debut sometime in August.
New packaging for 1-oz Silver Maple Leafs had been presented. But, Silver Maple Leafs within their old appearance are still available. They have been packed twenty coins to a sheet, 200 coins in a field, because Silver Maple Leafs were introduced in 1988. Each coin was individually enclosed in plastic. The new appearance will be just like the U.S. Mints Magic Eagles packaging.
Silver Maple Leafs may now come 20 to a pipe, 25 tubes to a package, and 500 coins to a great field. Whereas the containers of 200 are cardboard, the newest box is going to be manufactured from durable major plastic. The newest presentation must make Silver Maple Leafs more aggressive with American Silver Eagles, presently the most popular 1-oz contemporary silver bullion coins being offered. cosmetic packaging design