Hailed as the world’s first pure silver coin, the Canadian Silver Maple Leaf is a staple for many silver bullion investors. Adding a hard asset like silver to your portfolio helps diversify your investments. Like other sovereign coins, Canadian Silver Maples are eligible for most precious metals IRA accounts as well.
To assist with your investment goals, we offer a discount when you buy Canadian Silver Maples in quantity. Quantities of 25 coins come in sealed mint tubes and quantities of 500 coins come in a strapped monster box.
Canadian Silver Maple Leafs are silver bullion coins that have been minted annually by the Royal Canadian Mint since 1988. Each Silver Maple consists of .9999 fine silver, making it a valuable investment tool or collectible item. Because these coins are backed by the Canadian government, they carry a legal tender value and are eligible for most precious metal IRA accounts. Silver Maples are made in 1 oz rounds, which makes them a cost-effective and convenient method of investment.
The effigy of Queen Elizabeth II, designed by Susanna Blunt, can be found on the coin’s obverse. The reverse features Canada’s national symbol, the five-pointed maple leaf atop a bed of radial lines.
Two notable security features of this coin are the aforementioned micro-inscribed radial lines on each side and the laser engraved privy mark on the reverse. The Royal Canadian Mint has developed technology over the years to enhance the security of these coins for counterfeiting prevention and a method of authenticating Silver Maples. Because of these security features, many investors choose to purchase Silver Maples over other coins, such as the American Silver Eagle. The value of an ounce of silver remains the same across coins, but the added security is a treasured feature of RCM coins.
The success of the Maple Leaf coins began with the Canadian Gold Maple Leaf in 1979. In an effort to continue meeting demand, the Royal Canadian Mint released the Silver Maples in 1988. Though the mint produces other bullion products, the Maple Leaf coins remain their most iconic and popular precious metal bullion coins.
The Royal Canadian Mint, known as the Monnaie Royale Canadienne in French, manufactures all of Canada’s circulation coins, commemorative coins, and a variety of bullion products. The mint uses a proprietary bullion DNA technology to secure and authenticate the coins and bullion produced there. The radial lines discussed above are one example of this technology at work.
In addition to Silver Maples, the Royal Canadian Mint makes an assortment of bullion products. Some of these include Canadian Gold Maple Leafs, the silver Birds of Prey series, the silver Wildlife series, the silver Lunar series, and a variety of Superman coins.
A silver coin is one that is made and backed by the government under strict quality standards to ensure purity and weight. Though coins do carry a legal tender value, the silver content within outweighs that face value. Both investors and collectors purchase silver coins as a long-term investment.
The price of selling and buying silver coins is dependant on the current spot price. The spot price of silver is simply the cost of the metal at any given point in time. Metal prices fluctuate throughout the day, so you may want to check the silver spot price chart when preparing to buy or sell.
Silver has been prized for its monetary value and many practical uses for centuries. Because it is priced significantly lower than gold bullion, silver is the top choice for many precious metal investors. Buying silver bullion–sold mostly in the form of coins, rounds, and bars–gives you a solid asset that is easy to stack and store. Additionally, bullion offers a pure form of the metal, as opposed to a lesser quality alloy often found in jewelry and other ornamental items.
As a reputable online bullion dealer, Provident is committed to offering a wide assortment of bullion products at competitive prices. We strive to make the buying and selling process simple and efficient for our customers. Above all, we value your security and have taken steps to ensure the safety of your information and purchases. We invite you to browse through our selection of Canadian Silver Maples, along with other bullion products that strike your interest.