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Canadian Silver Maple Leaf

Silver bullion coin issued by the Canadian Government From Wikipedia, the free encyclopedia

Canadian Silver Maple Leaf
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The Canadian Silver Maple Leaf (French: Feuille d'érable en argent canadienne) is a silver bullion coin that is issued annually by the Government of Canada since 1988. It is produced by the Royal Canadian Mint.

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The Silver Maple Leaf is legal tender. The face value is 5 Canadian dollars. The market value of the metal varies, depending on the spot price of silver. The standard version has a weight of 1 troy ounce (31.1 grams).[1]

The Silver Maple Leaf's obverse and reverse display, respectively, the profile of Charles III and the Canadian Maple Leaf. In 2014, new security features were introduced: radial lines and a micro-engraved laser mark.[2]

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History

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The Silver Maple Leaf is issued annually by the Government of Canada. Introduced in 1988 by the Royal Canadian Mint, there have been four subsequent standard editions and several special editions.

The Silver Maple Leaf's obverse displayed the profile of Elizabeth II up until 2023. There have been three subsequent versions of the Queen's profile:

Canadian coins released to the public starting in 2024 now bear a new obverse of her successor King Charles III.

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Three 25-coin tubes together with seven coins

The Silver Maple Leaf's reverse displays the Canadian Maple Leaf. This design has remained unchanged since 1988. In 2014, however, new security features were introduced: radial lines and a micro-engraved laser mark. Also the obverse was affected by this.

The phrases CANADA and FINE SILVER 1 OZ ARGENT PUR are universal elements.

Granted a face value of 5 Canadian dollars, the Silver Maple Leaf has status as legal tender. It has also a market value that depends on the spot price of silver and that normally exceeds the nominal face value. With few exceptions and alike similar international bullion coins, the Silver Maple Leaf has a weight of 1 troy ounce (31.1 grams). The 99.99% silver content makes the coin among the finest official bullion coins worldwide.

Samples of the Silver Maple Leaf often carry a blemish that has a milky-white appearance, called a milk spot. This happens when a cleaning detergent is left on the coin when it goes into the annealing furnace.[citation needed]. This issue was addressed in 2018 with the RCM introduction of "MINTSHIELD" surface protection technology to prevent milk spots.[3]

The Silver Maple Leaf was originally packaged in boPET. Since 2009, due to increasing demand, it is packaged in semi-transparent tubes with a yellow lid bearing the RCM logo. Some special editions have tubes with an orange, red, blue, dark blue or grey lid. Each tube contains 25 coins.[4] Furthermore, there exist boxes that contain 20 tubes each.

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Mintage (main series)

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The issue from the year 2000 was sold as an uncirculated bulk coin yet bears the Fireworks privy mark on it.

It is re-listed in the special privy mark section below but is still essentially part of the standard bullion series.

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Commemoratives

Anniversaries

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Editions with special privy marks

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In 1999, many Silver Maple Leaf coins were issued with a privy mark to commemorate the 20th anniversary of the RCM Maple Leaf Program. In the following year, the coins featured a privy mark with fireworks and the number 2000. Another Silver Maple Leaf version was issued to commemorate the millennium. The coins were double-dated 1999 and 2000.[14]

Anniversaries and commemorations

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Zodiac series (19982009)

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Zodiac series (2012)

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Fabulous series

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Sets

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Fine silver fractional four-coin sets

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Canadian Wildlife Series

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Birds of Prey Series

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Predator Series

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Canadian Arctic Series 1½ oz

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Other Silver Maple Leaf coins

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Hologram Silver Maple Leaf

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Olympic Maple Leaf

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See also

Notes

  1. The face value for coins in sets varies by their weight.
  2. New security features were introduced in 2014

References

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