Description
The coin commonly features a maple leaf and consists of 1 troy ounce (31.1 g) of silver. Annual variations for the coin in past have included proof releases (1989 only), privy marks, a colored maple leaf (with a design different from the regular maple leaf), holographic enhancements and several differing designs, such as a 2009 issue commemorating the 2010 Winter Olympics. The one universal element in all silver maple leaf coins is the phrase “Fine Silver 1 oz Argent Pur” along the bottom of the reverse of the coin.
The Canadian Silver Maple Leaf is a silver bullion coin issued annually by the government of Canada. The coin has been minted by the Royal Canadian Mint (RCM) since 1988.
Founded in 1908 with locations in Ottawa and Winnipeg, the Royal Canadian Mint was part of the British Royal Mint. In 1931, it was handed over entirely to Canadians, and remains a producer of high-quality Canadian legal tender, foreign coins, and collector items. In 1982, the Royal Canadian Mint became the world’s first refinery to produce .9999 fine silver bullion coins. RCM has good delivery bar status with the LBMA (London Bullion Market Association) and Comex.