I have bought silver in the past, but never gold. My sudden interest in gold began a few weeks ago when the price nearly dropped below $1,200 an ounce, and I would have purchased a 1 ounce coin if it had.
I looked on Provident Metals at the different gold coins and I was torn between the American Gold Eagle and the Canadian Gold Maple Leaf. I noticed that the Eagle cost $20 more than the Maple Leaf and I am having a hard time figuring out why.
If I remember correctly, a gold eagle is only .9167 gold while the gold maple leaf is .9999. Both coins are backed by their respected governments so it doesn't make a lot of sense to me why I would pay so much more for an eagle.
Which coin makes more sense to buy? I am thinking the maple leaf because it actually has more gold in it than the eagle. The different forums I have read are a wash on this subject.
