- Description
Details
Overview
Silver Canadian Maple Leafs are popular silver bullion coins worldwide because of their pure, 99.99% silver content.
Design
The silver Maple Leaf has the same obverse (front) and reverse designs as the gold Maple Leaf.
The obverse shows a bust of Queen Elizabeth II, whose appearance was updated in 1990 to feature the more mature monarch. In both versions, “ELIZABETH II” is at top, with the denomination and issue date at bottom.
The reverse depicts a maple leaf, the national symbol of Canada, hence the coin’s name. The reverse also has “CANADA” and the silver amount and purity.
Minting
Because of the gold Maple Leaf’s popularity, the Royal Canadian Mint began producing 99.99% pure silver coins. The Ottawa branch of the mint has been in operation since 1908 as a branch of Britain’s Royal Mint, and it came under Canadian ownership in 1931. It became a corporation of the Crown in 1969.
Quality Guarantee
The government of Canada guarantees the purity, weight and legal tender value of Canadian silver Maple Leaf coins.
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Michael Dallo, CPA, JD, LL.M. is a tax attorney and certified public accountant (CPA) of Dallo Law Group, a Professional Corporation. For over 10 years, Michael has zealously represented hundreds of clients in resolving tax disputes with the Internal Revenue Service and California taxing agencies, as well as developing sound tax positions and arguments to minimize their federal and state tax liability.
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