The Royal Canadian Mint has sold more than 200 million ounces of
Maple Leaf silver bullion coins since the program was launched in 1988.
To mark the coin’s 30th anniversary, the RCM is issuing two special
versions of the iconic 1-ounce silver bullion coin, with reverses
inspired by its signature Maple Leaf design.
One coin incorporates an intricate engraving of the signature Maple
Leaf reverse design intertwined with the numeral ”30,” while the other
features a Mint-first — what the RCM calls a “double-incuse engraving”
of both the Maple Leaf device on the reverse and Queen Elizabeth II’s
effigy on the obverse.
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On the latter coin, the main devices of the portrait and maple leaf,
raised on other versions, are incused below the fields. Based on a
review of images provided by the RCM, inscriptions appear to be raised
as on the regular coins, but it is unclear whether the incused designs
are truly incused or are similar to the sunken relief found on Bela
Lyon Pratt’s designs for the 1909 to 1929 Indian Head gold $2.50 and
$5 coins in the United States. The RCM had not provided clarification
as of Jan. 26.
“Our Silver Maple Leaf bullion coin has been a standard bearer from
its very beginnings, starting with its 99.99% purity and, most
recently, leading-edge security such as Bullion DNA
anti-counterfeiting technology,” said Chris Carkner, vice president of
sales at the Royal Canadian Mint, in a press release. “We are proud of
the market leadership the Silver Maple Leaf has achieved over the last
30 years and are excited to launch two anniversary products which
embody the same qualities that have made it one of the world’s
favourite silver bullion coins.”
Both these special anniversary issues will be available in the
coming weeks (APMEX states that delivery for the incuse coin will
begin Feb. 28; the 30th anniversary edition was not yet listed at the
firm’s website as of Jan. 26).
Both coins have a finish consisting of an array of precisely
machined radial lines. Their reverses feature a micro-engraved
security mark in the shape of a maple leaf containing the number “18,”
to denote their year of issue.
Both coins feature the Susanna Blunt effigy of Queen Elizabeth II on
These coins bear a $5 face value and will be available as singles or
in a 500-coin monster box.
The RCM has not announced the mintage limit, stating only that they
are “to be offered in low mintages.”
In keeping with a distribution model common to the world’s major
issuers of bullion coins, the RCM does not sell bullion directly to
the public. Interested buyers are encouraged to contact a reputable
bullion dealer to order these new silver bullion coins.