Canadian Silver Maple Leaf (1988-Date)
The purchase of silver in the style of bullion bars is by far the most common practice, however silver coins are quite accessible and may be an interesting investment option. They are simple to acquire or sell in very little quantities of silver once at time, they are quite inexpensive, and the variety of patterns gives them a collectability factor in addition to their real metal worth. It goes without saying that this comes at a cost, and that cost is a premium above the spot price that is far more than the premium that you would pay in a bar. Even so, many investors prefer to include silver coins as part of the metal holdings, so if you want to do the same, a Canadian Maple Leaf should be on the top of your list of possible investments.
Canadian Maple Leaf Coin Sizes & Specs
| Mint Date | 1988-Date |
| Face Value | $5 CAD |
| Weight | 1 Troy Oz |
| Purity | .999 |
| Diameter | 38 mm |
| Thickness | 3.29 mm |
Canadian Silver Maple Leaf Value
As the national currency of Canada, the Maple Leaf is struck from silver that has been refined to a purity of 99.99 percent and is sourced entirely from Canadian mines. This indicates that it has a face worth and can be used as a kind of legal money. A Maple Leaf is just a one-ounce coin that features the effigy of Queen Elizabeth II on one side and an image of a maple leaf on the other. The front of the coin also includes the year it was produced as well as the nominal value, which is five dollars Canadian. The true worth of the coin, as well as its purchase price, is far more. In contrast to the majority of bullion coins, the worth of the metal is only one aspect of the tale behind this coin.
A gold Maple Leaf and the vast majority of other bullion coins, if they are special editions, often only carry a minor premium over the current price of the metal content. This is the case even when the premium is taken into account. However, the premium on the Silver Maple Leaf is even larger, even with bullion coins costing up to double the price of the spot market for the silver they contain. The extensive variety of designs that may be chosen from and the increased collectibility that this results in is the primary reason behind this.
How To Invest In Canadian Silver Maple Leaf Coins
If you are wanting to build up your metal holdings, purchasing new Silver Maple Leaf coins is not the best option because of the hefty premiums associated with them. On the other hand, they can frequently be found on the market for previously owned items for a price that is somewhat similar to the spot price. This makes them a far better value. We do not advise you to invest in the special edition coins because the price is far too high and it is unlikely that you will ever recover them it. Instead, we suggest that you stick with investing in used 1 oz bullion coins. Coin collectors are the best people to buy special edition coins from.
The Design of The Canada Silver Maple Leaf
Susanna Blunt is responsible for the creation of the picture that appears on the “obverse,” or front side, of Silver Maple Leaf coins. This artwork depicts Queen Elizabeth II. There are really three distinct renditions of the profile of British Monarch (young, mature, and old) that are used on coins depending on year they were struck. The year is shown underneath the profile, and even the title ELIZABETH II is written across the upper limit of the frame.
One of the most iconic symbols in all of bullion, the Maple Leaf, can be found on the back, also known as the “reverse” side of the coin. The Maple Leaf is also the recognized national symbol of Canada. The word “CANADA” is written across the top of reverse, and the digits “9999” are printed along either side of image of a leaf. The phrase “FINE SILVER 1 OZ PUR” is written at the bottom.
Since its debut, the design of Silver Maple Leaf has undergone a variety of subtle revisions, such as the addition of privy markings and holographic features, as well as the distribution of special commemorative releases. The obverse as well as reverse designs, on the other hand, have maintained their fundamental form.
Variations of The Coin
A Royal Canadian Mint creates a broad variety of variations, in addition to the basic bullion quality coin that is sold in tubes of 25. This coin is available for purchase. The most straightforward of these are variations of Maple Leaf that are made of premium-grade materials and have a better level of polish. There are also presentation sets that come with fine Leaf coins in a variety of sizes, often 1 ounce, 1/2 ounce, 1/4 ounce, 1/10 ounce, and 1/20 ounce.
In addition to these different varieties, limited versions are also manufactured in significant quantities. On the opposite side of these, instead of the maple leaf design, there may be another pattern or there might be more colors used in the design. The cost of a one-ounce coin typically exceeds one hundred dollars in the US. There is often the availability of both smaller and bigger coins.
Sell Canadian Silver Maple Leaf Coins
Do you want to sell Canada Silver Maple Leaf? Gold Buyers USA will pay you the most for your coins. We buy coins in any condition. For the greatest price, you’ll need our help selling the Canada Silver Maple Leaf.