Canadian Silver Maple Leaf Coin

The Canadian Silver Maple Leaf coin is made up of nearly pure silver. It weighs in at one troy ounce of silver and is considered a bullion coin. The coin obviously comes from Canada, and has a face value of $5. However, since it is a fairly rare coin and contains pure silver, it is valued on the market at around $20. The Canadian government introduced this wonderful coin in early 1998, and has continued to produce the coins yearly. The amount that is produced yearly varies drastically, some years as low as 100,000, and some as high as 3.5 million. The amount of coins produced in a particular year varied depending on demand. All of the coins carry the standard hallmark of the Royal Canadian Mint, and the coins are still considered legal tender, though they are generally a collector’s item. The coin measures in at 31.9 grams, and measures 38mm in diameter.

Every year the coins have a similar or identical pattern. The front of the Canadian Silver Maple Leaf Coin displays a picture of Queen Elizabeth II’s head, while the back caries an image of the maple leaf, which is the national symbol of Canada. Though the design is generally the same, there have been a few special editions that look different. The most famous of these special editions is the 20th anniversary edition, which was released in 1999.

The Maple Leaf coin comes in gold, silver, and platinum. However, due to the limited amount of silver coins produced, the Canadian Silver Maple Leaf Coin is the rarest of the 3. The Gold and Platinum versions are often more expensive due to the higher value of the metal, but the silver balances out due to its rarity.
The Canadian Silver Maple Leaf Coin is considered by most to be the purest silver coin ever produced by a government mint. This coin contains 99.99% pure silver, while most contain roughly 95%. The coin is not only rare and high in silver content; it also is renowned for its beauty. The Canadian Silver Maple Leaf is popular among collectors, but also among investors. With silver being less valuable than gold, it is easier to invest in silver than gold. Many people have been buying up all the silver and gold coins they can find and just letting them sit. In an unstable economy, it is a good idea to invest in tangible items.

By: Silverngold

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