2019 – 1 oz Silver Maple Leaf Coin
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The Royal Canadian Mint have always pushed the boundaries and quality of their coins. This is a brand-new bullion finish coin. Bulk orders will be packaged in tubes of 25 and monster boxes of 500.
The 2019 1oz Silver Maple Leaf is no exception with a machined effect providing a unique finish. The obverse features a portrait of Queen Elizabeth while the reverse displays the famous Maple Leaf emblem. The coin is legal tender in Canada with a face value of 5 Canadian Dollars. Technical dimensions of the 1oz silver maple leaf coin are 31.16 grams in weight, 31.10348 grams of pure silver content, with a fineness of 999.9 and dimensions of 38mm x 3.15mm thickness.
Reverse – Maple Leaf emblem
The Maple Leaf name and design featured on both gold and silver bullion coins first featured on the official Canadian flag back in 1965. George Stanley’s Maple Leaf design beat several other proposals to replace the UK’s Union flag which was previously adopted by Canada due to the commonwealth. However, the leaf has been closely associated with Canada as far back as the 18th Century and was officially recognised as Ontario and Quebec’s coat of arms from 1868. It was first used on Canadian coins as far back as 1876.
Obverse – Queen Elizabeth portrait
So far, three different portraits of Queen Elizabeth have been used in silver maple leaf coin designs, these are:
- 1988 to 1989 – Arnold Machin
- 1990 to 2003 – Dora de Pédery-Hunt and
- Since 2004 – Susanna Blunt
Learn about, “1oz silver coins – the available options” by watching our YouTube video.
History and Mintage
First minted in 1988, the standard edition silver bullion coin has been updated a few times and also spawned some special edition versions. While the Maple Leaf design on the coin’s reverse has remained constant since the first production, it’s the Queen’s head which has received the most updates to reflect the ageing monarch. The most recent portrait featured since 2004, is designed by Susanna Blunt but can look unfamiliar to the UK buyer as we’re so used to the Queen’s portrait used on our everyday coins, as well as Sovereigns and Britannias.
Maple Leaf variety
Special edition versions have included a huge 10th-anniversary version in 1998 which weighed a hefty 10oz, but wasn’t particularly popular, perhaps due to its additional cost, so around half the 30,000 coins were melted down again. Other coins have featured privy marks to commemorate the 20th year of Maple Leaf production (gold coins started back in 1979) and the turn of the Millennium. Some special edition 1oz Silver Maple Leaf coins like the Maple Leaf Forever’ version, showcased a triple Maple Leaf design, replacing the common single Maple Leaf known on the coin’s reverse.
Technological security features
Additional security features were added to the coin in 2014 such as a laser mark and radial lines, ensuring the integrity of the coin and minimising the chance of forgeries. Mintage quantities vary dramatically from year to year, with numbers ranging from 100,000 in 1997 to nearly 30 million in recent years. We’d expect numbers to remain at the higher end in future years due to the growing retail demand for silver bullion coins.
Our Expert Opinion
As one of the world’s best known and most established coins, the Maple Leaf is a wise selection for any keen silver investor. It continues to be one of the most sought after non-UK silver coins. Premiums are relatively low as the coin is mass-produced and demand has a global reach, with particularly strong interest from the huge North American market.
Tax implications when buying silver maple leaf coins
If you intend to purchase a substantial amount of silver coins, you may consider mixing this coin with some of the British silver coins, to ensure you keep within your annual Capital Gains Tax limits. The best value one is the Silver Britannia. As a non-UK coin, the Silver Maple Leaf is not CGT exempt for UK residents.
Buy silver maple leaf coins through Physical Gold Limited
Don’t let the name fool you, Physical Gold Limited sell large quantities of both gold and silver. If you want to buy silver maple leaf coins, then you can find a highly-competitive maple leaf silver coin price when you buy from Physical Gold Limited.
Although buying silver maple coins is straightforward, we are only a phone call away if you need help, guidance or advice. It’s reassuring to know that if you ever decide to sell, we have a buyback guarantee on the products you buy from us.
To call Physical Gold call us on 020 7060 9992 or send us an email.
|Categories:||1oz Silver Coins, Buy Silver, Buy VAT Free Silver, Foreign Silver Coins, Silver Bullion Coins, Silver Coins, Silver Feed Price, VAT-free Silver|
|Tags:||Silver Maple Leaf coin, vat free silver coin|
|Manufacturer||Royal Canadian Mint|
|Precious metals content (g)||31.10348|