American Eagle or Canadian Maple Leaf?
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- tomfoolery
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Re: American Eagle or Canadian Maple Leaf?
My problem with American Gold Eagles as compared to Maple Leaves is that it's a lot harder to forge a 99.9999% coin than a 93% coin. So, as counterfeit technology improves, we're likely to see more convincing counterfeit eagles than maple leaves.
I find putting maple leaves in $1 air-tite brand capsules to be sufficient to keep them from getting scratched.
I find putting maple leaves in $1 air-tite brand capsules to be sufficient to keep them from getting scratched.
- vnatale
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Re: American Eagle or Canadian Maple Leaf?
Are you saying it is in the $100 million to $200 million range? If so that seems super tiny in the financial world.ochotona wrote: ↑Thu Apr 23, 2020 2:47 pmZERO concerns about size. ETFs that are destined for the woodchipper struggle to grown past $10-$20 million. AAAU has quickly grown to ten times that size.vnatale wrote: ↑Wed Apr 22, 2020 9:07 pmYou have no concerns with AAAU's relative tiny size compared to the much larger EFTs ahead of it?ochotona wrote: ↑Fri Oct 18, 2019 9:30 pmI've looked at the buy / sell prices over a number of years over a number of dealers, and the Eagles are always the round-trip losers. That said, I probably will never buy another coin, and will be buying ETF AAAU in the future, now that there is no longer any commission to buy it.
Vinny
Vinny
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Re: American Eagle or Canadian Maple Leaf?
Very good point on the forgeries. New maples are infinitely more difficult if not impossible to forge well. Its probably not economical. The design complexity, radial lines, and privy mark on the new ones make them unparalleled in the world i think for security.tomfoolery wrote: ↑Thu Apr 23, 2020 4:49 pmMy problem with American Gold Eagles as compared to Maple Leaves is that it's a lot harder to forge a 99.9999% coin than a 93% coin. So, as counterfeit technology improves, we're likely to see more convincing counterfeit eagles than maple leaves.
I find putting maple leaves in $1 air-tite brand capsules to be sufficient to keep them from getting scratched.
The US mint is trying to catch up and adding security features in 2021.
I have a few maples and many many more eagles of various sizes, proofs etc.
I would still prefer eagles in the US for liquidity. If you buy from a reputable dealer you're fine and a good visual inspection and ping test if you're at an LCS and you're fine there too.
Maples are more beautiful but if you want a real sexy coin i don't think you can do better than a 2020 Britannia.
Re: American Eagle or Canadian Maple Leaf?
tomfoolery wrote: ↑Thu Apr 23, 2020 4:49 pmMy problem with American Gold Eagles as compared to Maple Leaves is that it's a lot harder to forge a 99.9999% coin than a 93% coin.
I keep reading that as forge, like in a furnace. Forging a sword.
What is the verb for committing a forgery anyway?
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Re: American Eagle or Canadian Maple Leaf?
Yeah, I guess that must be right.
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WhatsApp users can no longer opt out of having their data sent to facebook -Schneier blog
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Re: American Eagle or Canadian Maple Leaf?
This video contains the Eagle, Buffalo, and Maple Leaf
The only thing to note is that SWP probably has a global perspective vs. what is best for US residents.
https://m.youtube.com/watch?v=1xEx0yoDlWk
The only thing to note is that SWP probably has a global perspective vs. what is best for US residents.
https://m.youtube.com/watch?v=1xEx0yoDlWk
Re: American Eagle or Canadian Maple Leaf?
Eagles probably can't be beat but these are all great coins.ppnewbie wrote: ↑Wed Dec 23, 2020 1:26 pmThis video contains the Eagle, Buffalo, and Maple Leaf
The only thing to note is that SWP probably has a global perspective vs. what is best for US residents.
https://m.youtube.com/watch?v=1xEx0yoDlWk
Re: American Eagle or Canadian Maple Leaf?
Here in Canada the Canadian Maple Leaf bullion coins are not subject to sales tax. Many foreign coins are. As a result, for us, it's a no-brainer to just go with the Maple Leafs.
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― John C. Bogle