Investing Canadian Maple Leaf Silver Coin as an Investment

Canadian Maple Leaf Silver Coin as an Investment

Canadian Silver Maple Leaf Coin, and Alternative to the Silver Eagle

Canadian Silver Maple Leaf Coin, and Alternative to the Silver Eagle

The Canadian Silver Maple Leaf coin is a beautiful, high quality, pure silver bullion coin that is highly sought after by collectors and investors around the world. The Maple Leaf coin was first produced in a gold bullion version in 1979 by The Royal Canadian Mint. The silver version was first minted in 1988. Unlike the Silver Eagle, its possible to purchase straight from the Canadian Mint.

Specifications:

  • Each silver maple leaf coin contains one full ounce of pure silver.
  • It has a certified purity of .999 fine silver.
  • Its diameter measures 38.0 mm.
  • It has a thickness of 3.29 mm.
  • A sculpture of Britan’s Queen Elizabeth II is featured on the coin’s obverse.
  • A maple leaf, which is Canada’s national symbol, is featured on the reverse.
  • It has a face value of $5.00 Canadian dollars.

Interesting Facts about the Silver Maple Leaf:

  • Three head images of Queen Elizabeth II were issued, ranging from a young to an older version of the Queen.
  • In 1998, a 10 oz version was minted to honor the coin’s 10th anniversary.
  • In 1999, in celebration of the 20th Anniversary of the program, silver Maple Leafs were minted with a privy mark.
  • A privy mark with fireworks was featured on the 2000 edition coin.

What’s Noteworthy?

The Royal Canadian Mint issued a very limited number of special edition Silver Maple Leaf coins in 1998. These $5 coins displayed a smallI ‘Titanic ship” Privy Mark. The Privy Mark was located on the reverse side of the coin, below the Maple Leaf design. The coins were issued to commemorate the 85th anniversary of the sinking of the Titanic. The worldwide mintage of the coin was limited to just 26,000 and most were purchased by a private collector.

There’s more than a few reasons to use the Maple Leaf as a silver investment over the silver eagle. The silver Maple Leaf has the highest purity of any government minted silver coin, including the silver eagle. Like the silver eagle, the Maple Leaf’s purity, weight, and content are certified by the Canadian government. Finally a collector’s treasure because the Maple Leaf is the lowest minted coin in North America. However, in spite of these advantages, usually the Silver Maple Leafs command higher premiums above the silver spot price. So, for investors, unless you can find lower pricing, stick with the silver eagle.

Titanic Silver Maple Leaf Coin

Titanic Maple Leaf Close Up

Titanic Maple Leaf Close Up

The Titanic is a 5 dollar silver coin originally minted in 1988 as a one ounce pure 99.99% silver.

Each Titanic Silver Maple Leaf coin contains one full troy ounce of silver and features the queen’s portrait on one side and the famous Canadian Maple Leaf design on the other. It also contains the special Titanic privy mark (shown in the picture).

As Silverprice.org notes, “Although it is believed 26,000 of these coins were minted, at the time they were all sold to one dealer. As a consequence they have been in short supply ever since. [It] is possible, however to locate dealers who come across a small supply and the price.”

Conclusion:

The Canadian Silver Maple Leaf coin is a beautiful, yet affordable way to invest in silver bullion. These silver bullion coins would be a suburb addition to any silver investor’s portfolio. But be sure to watch the price above silver spot. Because the Maple Leaf has lower mintage numbers the premium can be much higher than silver eagles.