The Canadian Maple Leaf silver coin was one of the first bullion coins ever to be produced in the world. These are the official bullion coins of Canada. The Royal Canadian Mint has been producing Silver Maple Leafs since the year 1988. This mint is accredited with operating one of the most technically advanced silver refineries in the world. This means that coinage produced from this Mint is sure to be of the highest quality and fineness.
The Canadian Maple Leaf silver coin comes in five denominations, making it easy for all kinds of investors to afford them. Although they are not in use as legal tender they do have a face value ranging from $1 to $20. Recently the Royal Canadian Mint also brought out the very first one kilo Canadian Maple Leaf silver coin in July 2011. This coin has a face value of $250. Made with 0.9999 pure silver this coin is available in limited numbers as only 999 of them have been produced. These one kilo coins are mainly targeted at larger investors who have substantial funds to invest. For regular investors, the one ounce Canadian Maple Leaf silver coin is still the best buy.
Unique Facts about the Silver Maple Leaf
One of the most unique facts about the Canadian Maple Leaf silver coin is that it carries a face value of 5 Canadian dollars, the highest among silver bullion coins minted worldwide. However, the actual price that your Silver Maple leaf will attract is sure to be far more than this face value.
This coin is forged with 99.99% pure silver which is another first. Other bullion issues are usually made with 99.9% pure silver. This high degree of purity makes the Canadian Maple Leaf (silver) an excellent buy now as prospects for this precious metal seem to be getting better and better.
Some coins in this series (year 2001, 2003, 2005) also came with holograms which set them apart from the rest of the silver bullion coins in the world by dint of this innovative design concept. Special editions of the Canadian Maple Leaf (silver), are also brought out from time to time, like the ones minted to commemorate the Vancouver Olympic Winter Games in 2010.
Since the Royal Canadian Mint uses only perfectly flawless blanks or planchets for striking these coins, the Canadian Maple Leaf silver coin comes with excellent finish and sheen. The high standard of quality that the Mint insists upon contributes in a big way to the immense popularity of these coins.
About the Canadian Maple Leaf Silver Coin Design
The Canadian Maple Leaf silver coin carries an image of Queen Elizabeth II on the obverse. The denomination and issue date are also printed here. On the reverse is the captivating representation of the maple leaf, Canada’s national symbol. The design used on the Canadian Maple Leaf silver coins is one of its most attractive features.
Buying in Bulk or Individual Pieces
As with other bullion products, it is best for you to buy Canadian Maple Leaf silver coins in bulk to get the best prices. The premiums are low when you buy in large quantities. With the one kilo Canadian Maple Leaf silver coin in the market it is possible to invest a good sum in a beautiful, high grade precious metal asset like this one with just one coin. You can also choose to buy a box of 500 coins. For orders of this size the coins come packed securely in a box so that you can store them away in a compact manner. Smaller investors can opt for rolls of 25 or single pieces as and when they have extra funds to invest. However, single pieces will attract the biggest premiums over and above the coin’s price. This is a factor to consider when you are making a number of single Canadian Maple Leaf silver coin purchases in a relatively short while. You can save significantly by clubbing your purchases to place a bulk order for these beautiful coins.
Buying from Reliable Dealers
You should only buy your silver Maple Leafs from dealers who have established a name for ethical dealings and excellent customer service. Ask your friends or family for recommendations if they have recently purchased bullion from a dealer.
There are a number of online dealers in the market today and buying from them is the easiest and quickest way to purchase Canadian Maple Leaf silver coins. Look up the list of approved dealers on the American Numismatic Association website to identify reliable sources for your purchase. Before you place your order also check reviews from previous buyers to know more about the online dealer’s customer service levels.