

Canada’s Royal Canadian Mounted Police enforces the government’s Canadian silver Maple Leaf coin guarantee.Ĭanadian Silver Maple Leaf coin prices are heavily influenced by the world’s fluctuating silver spot price. 9999 fine silver bullion with its explicit 1 troy ounce weight struck on this silver coin in both English and French.

The Canadian government guarantees that each Canadian Silver Maple Leaf coin contains. Over 200,000,000 ounces of Silver Canadian Maple Leaf coins have been purchased by investors and coin collectors around the globe.

VariantsĪs well as the standard bullion grade coin, which is available in tubes of 25, the Royal Canadian Mint produces a wide range of variants. The main reason for this is the huge range of designs available and the higher collectibility that this creates.

The premium on the silver Maple Leaf is much higher, though, with even bullion coins costing up to twice the spot price of their silver content. The gold Maple Leaf and most other bullion coins, unless they’re special editions, usually only carry a small premium above the spot price of their metal content. The metal value is around $20 USD but unlike most bullion coins that’s only half the story. The real value – and price – of the coin is far higher. The nominal value, $5 CAD, is also displayed on the face along with the year of manufacture. The standard Maple Leaf is a 1oz coin with the Queen’s head on the face and a maple leaf on the reverse. That means it carries a face value and is legal tender. The canadian Maple Leaf is made from 99.99 percent pure silver, all of which is mined in Canada, and is an official Canadian coin. Even so many investors choose to make silver coins part of their metal holdings, and if that’s your plan the Canadian silver Maple Leaf is high on your list of options. Of course that does come at a cost – you’ll pay a higher premium over the spot price than you would with bars. They’re affordable, they make it easy to buy or sell relatively small amounts of silver at a time and the range of designs gives them an element of collectability as well as their actual metal value. The most popular way to buy silver is in the form of bullion bars, but silver coins are also widely available and can be an attractive investment.
