[e-gold-list] Re: maples - guaranteed weight?
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? At 5:00 PM -0400 5/15/01, Mark S. Ohberg wrote: Because the Royal Canadian Mint is well known and advanced, Maple Leaf Bullion Coins are bought and sold around the world. Every Maple Leaf coin is guaranteed by the Government of Canada for weight and purity. is that a fact? -- it seems hard to believe. Can anyone point to where the CAN GOV asserts this is true, on a web site, or anywhere else? Anyway, can anyone supply any verification of this, I'd be fascinated to know. JP A Government Guaranteed - The Government of Canada produces the Gold Maple Leaf and guarantees its gold content and purity. This guarantee is embodied in the symbol of the country-the maple leaf. Plus C An Act respecting the marking of articles containing precious metals http://laws.justice.gc.ca/en/P-19/text.html Equals This: Because the Gold Canadian Maple Leaf Bullion coin is Marked with the Gold Canadian Maple Leaf, gold and purity tampering will lead to severe penalties in accordance to the Royal Canadian Mint and Currency Act and The Canadian Financial Administration Act. and is thus guaranteed. Hope this helps MSO --- Great ventures create great mottos. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: maples - guaranteed weight?
[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. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: maples - guaranteed weight?
At 9:22 PM -0400 5/21/01, Mark S. Ohberg wrote: AND THE TOP 10 REASON (should be the number one reason) PEOPLE BUY GOLD MAPLES IS:: Same strong gold color as MOLSON and LaBATTS Beer. ... :^) Funny, I'm enjoying a Moosehead right now! Canada's oldest independent brewery -- and one of the best-smelling beers out there, IMO. I have a variety of the 22 karat gold coins, and they are more durable all right, but they're just not bright-yellow enough for my taste in coins, and Maples are. I will try to store my coins securely in plastic envelopes, and resist the urge to shave or otherwise debase them. :^) I've found that when talking about e-gold, it's often useful to have a bit of physical gold that folks can touch. Humans are visual, tactile creatures, and to get an impression in their minds, it's often good to use something that can be seen and felt, IMO. BTW, there's a gentleman in Indiana who says he has some Kruggerands and wishes to trade them for e-gold. I don't know him personally, but I can put any of you in touch with him if you e-mail me off-list. He says he has 10, and I told him to contact KIAC or GoldFinger, but are there any coin dealers I don't know about out there who also like e-gold? Also, I'm looking about for an expert on the various uses of gold foil, so if anyone out there can point me to someone, I'd be grateful. Thanks. JMR e-gold is to 'money' what email is to letters. -- JP May -- Regards, James M. Ray [EMAIL PROTECTED] PGP = 0xAE141134 http://www.freedomhound.com/nicklesworth/?ID=9 pay to email me? Try a FREE e-gold account: http://www.e-gold.com/e-gold.asp?cid=9 See http://www.omnipay.net to buy/sell e-metal grams or perhaps http://two-cents-worth.com/?jmr to click two cents worth. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: maples - guaranteed weight?
[EMAIL PROTECTED] wrote: At 5:00 PM -0400 5/15/01, Mark S. Ohberg wrote: Because the Royal Canadian Mint is well known and advanced, Maple Leaf Bullion Coins are bought and sold around the world. Every Maple Leaf coin is guaranteed by the Government of Canada for weight and purity. is that a fact? -- it seems hard to believe. Can anyone point to where the CAN GOV asserts this is true, on a web site, or anywhere else? Anyway, can anyone supply any verification of this, I'd be fascinated to know. JP A Government Guaranteed - The Government of Canada produces the Gold Maple Leaf and guarantees its gold content and purity. This guarantee is embodied in the symbol of the country-the maple leaf. The Royal Canadian Mint, Incorporated in 1969 by the Royal Canadian Mint Act (R.S.C. 1985, c. R-9); Schedule III, Part II of the FAA; an agent of Her Majesty. The organization is subject to the Financial Administration Act as a 'Branch Designated as Department' but is not listed in a Schedule. Plus B BILL C-41 - First Reading RECOMMENDATION His Excellency the Governor General recommends to the House of Commons the appropriation of public revenue under the circumstances, in the manner and for the purposes set out in a measure entitled ``An Act to amend the Royal Canadian Mint Act and the Currency Act'' SUMMARY This enactment amends the Royal Canadian Mint Act to update the terminology for coins in order to reflect the markets served rather than the metals of which the coins are composed. The amendments simplify the process for issuing coins by giving additional powers to the Mint and to the Minister of Public Works and Government Services. The Mint is given the capacity of a natural person and the power to incorporate subsidiaries and to acquire and dispose of interests in other entities. Other amendments of an administrative nature are also enacted. Clause 13: Subsection 9(1) reads as follows: 9. (1) The Governor in Council may, by proclamation, call in coins of any date and denomination. Plus C An Act respecting the marking of articles containing precious metals http://laws.justice.gc.ca/en/P-19/text.html Equals This: Because the Gold Canadian Maple Leaf Bullion coin is Marked with the Gold Canadian Maple Leaf, gold and purity tampering will lead to severe penalties in accordance to the Royal Canadian Mint and Currency Act and The Canadian Financial Administration Act. and is thus guaranteed. Hope this helps MSO This was my Maples worth, if it seemed golden then visit here: http://www.two-cents-worth.com/?107245 -- Your Site, key word optimized, just auto submit once! http://buildit.sitesell.com/comm-spec.html --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
