The Canadian Maple Leaf Silver Coin can be a nice addition your silver or gold bullion bars. It is a Canadian bullion coin issued yearly by the government of Canada. This coin was first minted by the Royal Canadian Mint (RMC), in 1988. This coin which is the highest ranked bullion in world has the actual value of around 5 Canadian dollars for a 1 ounce coin.
The purity of these Maple Leaf Silver coins is 99.99%. These coins have the highest purity among other bullion rounds and bars whose purity is about 99.90%. The Silver Maple Leaf coins have, on their reverse side, a maple leaf and on the obverse, a sculpture of Queen Elizabeth. They have a weight of 1 troy ounce which is 32.1 grams of silver. On their reverse side, a phrase “fine Silver 1 oz Argent Pur” can be seen at the bottom. These features can be seen on every issue of the coin.
Owning both quality silver and quality gold can be a nice feeling. Whether for collecting or investing you can always seek out out the ideal deal for the precious metals you purchase. These can not only include gold and silver from the Canadian government but can also include Credit Suisse Gold and the silver or gold American Eagle.
Issue Variations
Maple Leaf Silver Coins have undergone yearly variations like holographic enhancements, proof releases (in the 1989 edition), a different design of the colored maple leaf which is not present in other regular versions and coin in commemoration of the 2010 Winter Olympic Games (2009 edition).
There were a number of notable issues during the release of this series of coins. The year 1998 celebrated a 10th anniversary with the issuing of a single 10 oz version. In 1999, there was a celebration of RCM Maple Leaf Program with a privy mark design on all silver coins. The coins in 2000 had privy mark along with the number 2000 and fireworks. During this period there was another variation made to celebrate the new millennium. These coins were double dated with 1999 and 2000.
Market Value
As with most minted bullion investment the market values is based on a few factors. These factors include the actual amount of silver bullion and the current silver bullion prices, a guarantee of the bullion rounds purity and weight by the mint, and also a premium often based on the supply and demand of that specific issue. The starting point of all bullion starts with the “spot price”. This price is given each business day and can be found in the investment section of almost any major newspaper or other major news outlet.
There is a difference between the pricing in Silver version from that of Gold and Platinum versions. When the silver versions gain huge demands their prices rise far more than the actual silver bullion value. In the year 1996 and 1997, there were limited mintages and hence the prices were very high. The year 1997 had only 101,000 mintages, which is quite low when compared to the mintages in 1999 which was 1.2 million coins.
