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Legacy Coins are gold and silver bullion coins produced by the Royal Canadian Mint. They are available in various denominations, including 1 oz, ½ oz, ¼ oz, and 1/10th oz gold coins.
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The obverse of each coin features a portrait of Queen Elizabeth II, the reigning Canadian monarch. The coins' reverse shows a stylized sailing ship, the HMS Ernestown, with its sails in different positions to signify the passage of time and wind power.
Legacy Coins are legal tender in Canada that are mainly used to pay for goods and services, just like other Canadian coins. They do not, however, have the legal status that banknotes and polymer (plastic) banknotes have in Canada.
Legacy Coins are made by the Royal Canadian Mint, one of the world's largest and most technologically advanced facilities for minting coins. Their gold is 99.99% pure – or 24 karat gold. This purity makes Legacy coins one of the highest purity levels for any widely traded bullion coin worldwide.
Legacy Coins are like other gold and silver bullion coins: they cannot be used as legal tender currency in Canada, as there is no cash value to them.
Rating out of Five Star
Legacy coins are rated based upon the quality, purity, and price of the gold and silver used. The mint also produces some of the world's most OK legal tender coins. It is, therefore, a very safe product to invest in for the long term.
They are recommended for: Those who are serious about investing in gold, silver, or platinum bullion coins. This is particularly so if you believe these precious metals will be a good store of wealth in the future.
Out of 5 legacy coins can be rated as five * out of 5; this is one of the best investments for the long term.
Rating: Legacy coins are a good value for money compared to other bullion coins.
Rating: Reliability of mint & issuer.
Legacy coins have been in circulation and used by investors for more than 40 years, making them one of the most popular products from Canada's mint.
On top of this, the Royal Canadian Mint is Canada's most advanced coin-making facility and among the finest in the world star.
Ways to buy Legacy Coins from RBIShop
Pros & Cons of Legacy Coins
There are pros and cons for the legacy coins, which include;
In conclusion, legacy coins are an excellent way to make intelligent long-term investments.
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