|Weight:||Spot Price:||Buy Price:|
|500.00 oz||$ 10,595.50||$ 14,102.98|
Buy Canadian Silver Maple Monster Box - 500 oz
The Silver Maple Leaf Monster Box 500 oz contains 500, 1 oz Canadian Silver Maple Leaf Coins. Canadian Silver Maple Leaf 1 oz coin was launched in 1988 by The Royal Canadian Mint and has been produced every year since then. Silver Maples come in mint tubes of 25 1 oz coins. GoldCore sells Silver Maples by the tube.
As the world’s first 99.99% pure silver coin, the 1 oz Silver Maple Leaf coin contains one troy ounce of pure silver. Its silver content and authenticity are guaranteed by the Canadian government.
The Royal Canadian Mint is located in Ottawa. It uses some of the latest minting technologies in making precious metal bullion coins. It also produces domestic Canadian legal tender coins.
As investor demand for physical silver has increased hugely since 2008, production of the Silver Maple Leaf has risen in accordance. The coin is now one of the best known one ounce silver coins in the world.
What Are The Benefits of Owning Silver Maple Monster Box 500 oz?
- Maple has 1 oz of .9999 fine silver in each bullion coin
- Legal tender bullion coin minted and backed by The Royal Canadian Mint
- Coin comes in protective plastic. Multiples of 25 are packaged in mint tubes. Multiples of 500 come in sealed mint boxes.
- Obverse: Right-facing profile of Queen Elizabeth II, along with the year and face value.
- Reverse: Displays a detailed single maple leaf and the silver purity
- Competitive pricing and premiums
- Portable, internationally liquid form of financial insurance
How Much Silver is in a Silver Maple Leaf Coin?
The Silver Maple Leaf weighs 31.10 grams and has a purity of 99.99% silver. The Royal Canadian Mint was the first mint to attain this 0.9999 purity on its standard bullion silver coins and only The Perth Mint also mints “four 9” silver coins, the highest silver purity of any 1 oz silver coin on the market.
The reverse of the Silver Maple Leaf shows a stylised Maple Leaf, Canada’s national symbol, and a description of the silver purity and weight of the coin. The purity is displayed twice horizontally, each side of the Maple Leaf, as ‘9999’ and ‘9999’. In a circular inscription around the top of the image is the issuing country ‘CANADA’, then inscribed below the Maple Leaf are the coin’s weight and metal composition in English and French as ‘FINE SILVER 1 OZ ARGENT PUR’.
The obverse of the coin shows a portrait of Queen Elizabeth II, who, in addition to being The British Monarch, has also been the Canadian Monarch since 1952. The Monarch’s name is displayed in a circular arc above the effigy of ‘ELIZABETH II’, with the face value ‘5 DOLLARS’ and the year, for example, ‘2014’ written below. The coin is legal tender in Canada with a nominal face value of $5.
The Silver Maple Leaf has a diameter of 38.00mm, a thickness of 2.87mm, and has reeded coin edges.
Should You Invest in Silver Maple Leaf Coins?
The Silver Maple Leaf is 99.99% pure silver and so is a practical way to own physical silver. The silver price has a low correlation with the prices of most other financial assets, so physical silver ownership via the Maple Leaf also provides portfolio diversification opportunities.
The Maple Leaf is produced by The Royal Canadian Mint, one of the most reputable mints in the world, under the ownership of the Canadian Government. The purity and authenticity of the coin are guaranteed by the Canadian Government.
With over 110 million Silver Maple Leaf coins produced since 1988, the coin is known and accepted by dealers around the world, making the secondary buying and selling market highly liquid due to the large trading volumes.
1 oz Silver Maple Leafs have a much lower cost of ownership than 1 oz Gold Maple Leafs, and so are a more cost effective way of building up a precious metals bullion coin holding.
Since, The Silver Canadian Maple Leaf is a 1 oz silver coin of 99.99% purity, it’s easy for investors to price using the international dollar quoted silver price (excluding the coin’s premium).The Silver Maple Leaf is portable and easy to transport, and its 1oz divisibility allows a partial holding, for example, a tube of 25 coins, to be traded if the need arises.
New Silver Maple Leaf bullion coins issued by The Royal Canadian Mint are distributed in uncirculated condition and can be securely stored in their original tube and box packaging in which they are issued.
According to the Silver Institute, the majority of Silver Maple Leaf coins have been exported to the U.S. and Europe, with Germany being a major market. Demand from Asia is believed to have grown substantially in the last few years.
|$ 0 - $ 54,999||$ 14,102.98||33.10%|
|$ 55,000 +||$ 13,993.38||32.07%|
What is the History of the Canadian Silver Maple Leaf Coins?
The Canadian Government officially launched the silver Maple Leaf in 1988. The official reason for the launch was due to the success of the Canadian Gold Maple Leaf which had launched in 1979. However, it was undoubtedly also due to the success of The United States Mint’s Silver American Eagle, which was launched in September 1986.
In July 1988, the Canadian Government announced that The Royal Canadian Mint would begin production of a Silver Maple Leaf Coin. Production commenced in September of that year, and the coin was launched on 17th November 1988 across six Canadian cities. Demand was so high that in the six weeks up to the end of 1988, the Mint had recorded sales of over 1 million troy ounces of silver.
Who Makes the Canadian Silver Maple Leaf Coins?
The Royal Canadian Mint (RCM) has operated as a Crown Corporation since 1969. It has an independent board of directors but is fully owned by the Canadian Government and operates under Canadian legislation. Originally the RCM was a branch mint of the British Royal Mint when it first opened in Ottawa in 1908. The RCM produces circulating coinage for Canada and other countries at its Winnipeg branch and operates the world famous gold and silver refinery in Ottawa, where it produces high quality bullion bars and coins.
The RCM is a member of the London Bullion Market Association’s good delivery list for both gold and silver good delivery bars, and CME’s Comex exchange recognizes the Royal Canadian Mint on its approved refinery list for gold bars.
Silver Canadian Monster Box for Delivery
GoldCore offers Silver Maples and all leading silver bullion coins and delivers to The United States and Canada.
We deliver silver bullion coins through fully insured international shipping services and national postal services such as FedEx and UPS.
Insured delivery in Ireland for silver bullion coins is generally 4 to 10 working days. For certain products and during periods of high demand delivery can be a maximum of 15 working days. Insured delivery costs are competitive.
Note: Minimum order for delivery of Silver Maple Coins is 25 troy ounces or one tube of 25 1 oz coins.
Storing and Vaulting Canadian Silver Maple Leaf Coins Internationally
For larger amounts or those seeking added liquidity, investors can buy Canadian Maple Silver Bullion Coin “monster boxes” and own them in allocated and segregated storage in GoldCore Secure Storage.
GoldCore offers the U.S. and Canadian clients fully insured secure storage facilities in the safest vaults in the safest jurisdictions in the world – in Delaware, Zurich, London, Hong Kong, and Singapore.