Canadian Silver Maple Leaf (1988 – Present)

Canadian Silver Maple Leaf (1988 - Present)

Canadian Silver Maple Leaf (1988 – Present)

Categories: 

About This Coin:
The Canadian Silver Maple Leaf is a silver bullion coin issued annually by the government of Canada. The coin has been minted by the Royal Canadian Mint (R.C.M.) since 1988.A common blemish that many Canadian Silver Maple Leaves carry is the “Milk Spot.” It is a baked-in blemish that has a milky white appearance. This happens when a cleaning detergent is left on the coin when the coin goes into the annealing furnace. The detergent gets baked into the coin itself and leaves a spot that cannot be removed easily

The face value of the 1 oz coin is 5 Canadian dollars, and the purity of the coin is 99.99% silver.

The obverse features the profile of Queen Elizabeth II, with three different versions, a young head version, an old head version, and an older head version. The year of issue and the face value of 5 dollars is also displayed on this side.

The reverse of the coin depicts a maple leaf. On some variations there are also a small privy mark on the lower half of the coin or color modification to the leaf. The one universal element on all silver maple leaf coins is the phrase “Fine Silver 1 oz Argent Pur” along the bottom of the reverse of the coin.

Annual variations for the coin in past have included proof releases in 1989, privy marks, a colored maple leaf that is slightly different from the standard leaf, holographic enhancements and several differing designs, including a 2009 commemorative issue for the 2010 Winter Olympics.

Silver Maple Leafs differ from their Canadian Gold and Platinum Maple Leaf counterparts in that collector demand generates prices well above and beyond bullion value. In particular, the 1996 and 1997 versions fetched very high prices due to limited mint numbers.

Coin Facts
Face Denomination: $5 Canadian Dollars
Coin Size: 1 oz
Gross Weight: 31.1 g
Diameter: 37.97 mm
Actual Silver Content: 1 troy oz.
Composition: 99.99% Silver
Designer: Obverse: Susanna Blunt Reverse: Dora de Pedery-Hunt
Years Minted: 1988 – Present
Mint: Royal Canadian Mint (R.C.M.)