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Canadian Silver Maple Leaf

1999 March 12
by sv
Silver_Maple

Goes Well With: Silver Eagles, Mexican Libertad, Austrian Philharmonic

The Canadian Silver Maple Leaf coin is the silver bullion coin issued annually since 1988 by the government of Canada through their mint, the Royal Canadian Mint. It comes with a premium comparable to other government minted coins, such as those mentioned above. It is viable for IRAs and its uber-pure content for retail silver makes it unique. Preferable for our friends from Canada to hold a few, in my opinion, but for U.S citizens the arguments are only so-so. Preferable for them would be Silver Eagle, and low premium, but presentable, product.

Whilst this here coin has an excellent argument in its favor in the form of one need not report such a coin in the event of sale over 1,000 ounces, it nonetheless has its appeal utterly destroyed by its obverse, which features the mug of Queen Elizabeth II. There are three different Queens depending on the years of the coins: a young, an old, and an older. SV prefers the youngest Queen, when she hottest.

The face value of the 1 ounce Silver Maple Leaf is 5 Canadian dollars, the highest among all international silver bullion coins. Also, the purity of the coin is 99.99% silver, higher than the 99.9% of other government bullion issues.
Generally, the coin has on its reverse a maple leaf and always the phrase “Fine Silver 1 oz Argent Pur.”

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