Why is Americal Eagle costlier than Canadian Maple Leaf?
Question by jakuruvi: Why is Americal Eagle costlier than Canadian Maple Leaf?
Considering the fact that Canadian Maple leaf is 99.9% gold and American Eagle is only 91.6% gold, I'd expect the maple leaf to be costlier.
I'm trying to find if the maple leaf is lighter than americal eagle - that is whether 1 troy oz is the gold content of the eagle and not the actual coin weight.
(I know this is the case with South African Krugerrands, but I've never bought american eagle)
Americal is a typo - I meant American Eagle
Best answer:
Answer by sgrfsh
American Eagle = Coin. Therefore, it is the weight of the coins and they weigh the same, and yes you would think that the Canadian coins would be more valuable.
"The American Eagle is uniquely the only gold bullion coin whose weight, content, and purity is guaranteed by the United States Government. Requiring no assaying, American Eagles are easily converted to cash at any time."
The simple answer is that the American coins are more popular than their Canadian counterparts, and require no assaying. This makes them much easier to sell. Therefore their value is greater.
Check the tables below, and then see the source links.
American Eagle Gold Coins
coin face* diameter thickness purity
1 Troy Oz $ 50.00 32.7 mm 2.87 mm .9167
1/2 Troy Oz $ 25.00 27.0 mm 2.15 mm .9167
1/4 Troy Oz $ 10.00 22.0 mm 1.78 mm .9167
1/10 Troy Oz $ 5.00 16.5 mm 1.26 mm .9167
Canadian Maple Leaf Gold Bullion Coins
coin face* diameter thickness purity
1 Troy Oz $ 50.00 30 mm 2.87 mm .9999
1/2 Troy Oz $ 20.00 25 mm 2.20 mm .9999
1/4 Troy Oz $ 10.00 20 mm 1.78 mm .9999
1/10 Troy Oz $ 5.00 16 mm 1.13 mm .9999
1/20 Troy Oz $ 1.00 14 mm 0.92 mm .9999
Know better? Leave your own answer in the comments!
Purchasing bullion coins in Hong Kong?
Question by Voyager: Purchasing bullion coins in Hong Kong?
Where can I purchase bullion coins such as the Krugerrand, Canadian Maple, American Eagle or Australia nugget or gold bars such as Credit Suisse or PAMP in Hong Kong? So far, I have seen dozens of Chow Tai Fook shops, but they are only able to offer Chinese biscuit bars which I am not keen on. Could someone tell me the exact branch or address of a gold dealer who sells these? Thanks.
Best answer:
Answer by eaglesonaperch
You may have to settle for the Chinese bars...you could have them melted somewhere if you just want the bullion.
What do you think? Answer below!
Now on eBay:
South Africa Gold Krugerrand, 1975 Bullion
$1,620.00
2h 34m
1997 SOUTH AFRICA GOLD 4 COIN 30TH ANNIVERSARY KRUGERRAND SET NGC PROOF 69/70 UC
$4,500.00
27d 16h 41m
1oz COIN SOUTH AFRICA GOLD PROOF FULL KRUGERRAND
$1,502.00
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