The Royal Canadian Mint began minting the Silver Maple Leaf coin in 1988, nine years after first issuing the coin in the more popular gold form. The silver maple contains 1 troy oz of .9999 fine silver and carries a face value of $5 Canadian. The RCM added security features to the coin in 2014, including radial lines and a micro-engraved maple leaf mint mark.
Since its introduction to the market, sales of this silver mint coin have consistently grown. The number of coins produced has grown from 1.15 million in 1988 to 34.3 million in 2015. Today it is second only to the American Silver Eagle bullion coin in popularity.
Like most bullion products, this coin saw a huge spike in demand from the 2008 financial crisis. Investors awoke to the fragility of our banking systems and the counter-party risks associated with paper assets. Many sought physical precious metals as a hedge against the devaluing dollar and traditional securities and turned to the Maple Leaf.
Since its introduction to the market, sales of this silver mint coin have consistently grown. The number of coins produced has grown from 1.15 million in 1988 to 34.3 million in 2015. Today it is second only to the American Silver Eagle bullion coin in popularity.
Like most bullion products, this coin saw a huge spike in demand from the 2008 financial crisis. Investors awoke to the fragility of our banking systems and the counter-party risks associated with paper assets. Many sought physical precious metals as a hedge against the devaluing dollar and traditional securities and turned to the Maple Leaf.