Canadian Silver Maple Leaf Coin Price (Value) in Las Vegas, NV
The Canadian Silver Maple Leaf is a silver bullion coin produced by the Royal Canadian Mint and issued annually by the Government of Canada. The term maple leaf is most widely recognized as the national symbol of Canada. It has been adopted as an emblem to represent the Canadians particularly in the production of this silver bullion coin.
Canadian Silver Maple Leaf Coin Value
As a silver bullion coin, Canadian Silver Maple Leaf generally follows the market value of silver rather than its face value. The face value of the Canadian Silver Maple Leaf is five Canadian dollars. This coin is considered to have the highest face value available on the market compared to any other silver bullion coin. The five-dollar face value of this silver bullion coin is much higher than the pure silver American Eagle with only 1$ denomination. Although its melt value is far higher than its actual value, it provides an assurance to a lot of coin investors because it is believed that its value can never be less than what has been stamped upon it.
Canadian Silver Maple Leaf Coin Price
The market value of this precious metal varies, depending on the spot price of silver. With a 99.99% silver content, this silver bullion coin makes it among the finest official bullion coins worldwide. This further means that if you wish to sell a Canadian Silver Maple Leaf, you have the best shot to get a higher price or quote. But it is also that you keep track of the current spot price of silver as this is a determining factor of your coin’s silver value. The spot price of silver changes regularly and is influenced by current marketing trends in the coin industry. To learn more about the spot price of silver, click here: https://www.kitco.com/charts/livesilver.html
In 1988, the first .9999 pure silver bullion coin known as the Candian Maple Leaf was introduced by the Royal Canadian Mint. Because of the people’s overwhelming reception, the Government of Canada decided to issue this silver coin annually. It has become a legal tender in their country, recognizing it as a legal monetary instrument to pay debt. Because of its purity, it is considered to be one of the highly recognized silver bullion coins in the world. This coin is Canada’s official silver bullion coin.
Characteristics of the Canadian Silver Maple Leaf Coin
People in Canada and even across the world deemed the coin a unique silver coin because of its distinct features and design. The front of the coin or its obverse does not show its name, unlike most other coins. Interestingly, Queen Elizabeth II is featured in the obverse, the year when it was minted and issued, and its assigned face value. This is believed to be the Queen’s first-ever design to be featured with a crown on the monarch’s head and the first design to be publicly used since the earliest times during the reign of King George VI.
The reverse, on the other hand, is the sugar maple leaf or the Canadian Maple Leaf. This display at the back of the coin is symbolic of the modern nation of Canada. It is a national symbol in Canada that is officially recognized to represent its country and people even abroad. The sugar maple leaf as an emblem dating back to the 17th century was first created and designed by Walter Ott in 1979.
Also, one of the many things that makes this silver bullion the most popular is its purity. Unlike other coins, especially the Gold Maple Leaf Series, the Canadian Silver Maple Leaf offered the Highest purity content since it was first released and introduced. Since then, this has become an attractive way for most people to invest, considering the precious metals’ purity. That is why the Royal Canadian Mint featured new security measures in terms of its design to protect it from counterfeit.
These contributed to a worldwide recognition of the Canadian Silver Maple Leaf, being one of the most desired silver coins today. It has also become one of the most sought after collectible investment-grade coins in the market today. It is available in bullion, proof, and uncirculated forms, all in .9999 pure content, significantly adding to its collectible nature.
Best Canadian Silver Maple Leaf Coin Buyer in Las Vegas, NV
Nevada Coin Mart is the best place to sell your silver Canadian Silver Maple Leaf coins. For over 25 years now, we have maintained a good reputation when it comes to buying precious items from the public. So far, we have catered to millions of people and helped them earn money by selling their bullion and other items. We pay the most cash for silver bullion items and provide the most impressive customer service among all buying-establishments and other pawnshops in Las Vegas, NV.
Nevada Coin Mart is the #1 silver coin buyer in Las Vegas and Henderson. Licensed by Clark County, we are authorized to legally buy jewelry from the general public. We can give you a free quote or in-store evaluation for your silver coin item in person using a state-of-the-art x-ray spectrometer. This way. we ensure that you receive top dollar for your items. We are the best dealer of silver coin items that has transitioned into the modern technology age combined with the aim of providing the highest possible cash offerings and the best customer service.