Unlike gold, where you want to put down around a thousand dollars for a single coin, silver is a good place for an investor to put down money. The Canadian maple leaf coins are also a good small-term investment for their tiny size and high-concentration of silver content, with up to 99.99% pure silver in a single coin.
But as much as I appreciate the beauty of the silver maple leaf, I am extremely careful in handling them. The high purity content of the coins suggests that they can scratch really simply, and nothing lowers a coin’s value like a hairline scratch here and there.
It is for this reason that I keep my silver maple leaf collection in a safe and secure place, as I am in possession of a couple of them on view at home, but I keep a lot of them in the bank. Apart from the simple security and insurance reasons, banks specializing in storing precious metals also supply a stable environment for these coins to last indefinitely. This feature transforms my local bank into a vault for me to put away my coins, and the safety it provides helps put loads off my shoulders.
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