[EMAIL PROTECTED] wrote:
>
> Regarding the below, my interpretation is that the Canada Government,
> guarantees that WHEN YOU PURCHASE A MAPLE FROM THEM, it is actually
> one ounce of actual gold.
>
> (That strikes me as entirely unremarkable, actually. For instance
> "Ford" motor company totally guarantees that the car you buy really
> is a car!)
>
> What I thought was meant was:
>
> That if you buy a Maple from ANYONE, in the future (example, I buy an
> old one from Jim Ray), the Canada Government then guarantees that it
> is one ounce --- ie, even if Jim has shaved it or it has been rubbed
> a bit over the years.
>
> (Exactly as the governments guarantee that their money is worth ..
> their money!)
>
> In that way, you could buy and sell Maples, as bullion, WITHOUT ASSAYING them.
>
> But -- is that the case?
Blatantly it can't be - or any Maple would be a blank check to shave the
coins and claim back the difference, over and over again.
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