Whether you buy gold coins as part of a financial strategy or to add to your prized collection, proper care and storage are crucial to maintaining the value of your investment. For your convenience, we’ve curated a comprehensive list of expert tips on the subject from some of the world’s leading mints including the United States Mint, the Royal Mint of England, and the Royal Canadian Mint.
Experts unanimously agree…only handle your Canadian Maple Leaf gold coins when necessary. Should the need arise, however, follow a few simple rules to keep your coins in pristine condition.
Cleaning gold bullion coins in any manner is highly discouraged by all reputable resources. Gold does not tarnish and will remain pristine if stored properly. Even the seemingly harmless act of wiping your gold coin with a soft cloth could damage the finish and diminish its value. In fact, the U.S. Mint gently reminds us that ‘older coins show[ing] deep age coloration is more desirable than coins whose surfaces have been stripped away by improper polishing or cleaning’.* In the unlikely event that your gold Canadian Maple Leaf needs cleaning, seek the assistance of an experienced specialist.
Most Canadian Gold Maple Leaf coins and sets arrive in sealed plastic cases or capsules that fit into a folder or box. The best bet is to leave your coin in the included packaging to avoid oxygenation or moisture exposure. Alternative storage options can be sourced from numismatic and coin-investing resources and include 2″ x 2″ acid-free cardboard or envelopes, PVC-free plastic holders, sleeves, or tubes, and coin-collection albums.
While having access to your prized collection may be enticing, it doesn’t come without risk. Precious metals experts recommend using third-party depositories or safe deposit boxes for personal storage; however If you opt to store your Canadian Maple Leaf gold coins at home, keep in mind these few simple tips, compliments of the Royal Mint:
When you purchase bullion coins or bars from Monex, you can choose to have them delivered to your home, made available for pickup at several U.S. locations or have them delivered to a vault depository for storage using the Atlas Storage Account.
When you use the Atlas Storage Account, your purchase is delivered to an insured vault depository to be held in your name as owner. The depository is unaffiliated with Monex. Deliveries to the depository on your behalf do not involve delivery charges. You can take personal possession of your stored precious metals at any time. You can also sell your stored metal to Monex without delivery charges.
* Caring for Your Coin Collection by the U.S. Mint, August 2021
** Coin Care by the Royal Canadian Mint
*** Taking Care of Your Gold by the Royal Mint, January 2023
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