In most cases the premium over melt you pay completely negates the fact that the coin or bar is made of silver. The reason being is that as the number of “limited editions” grows the more difficult it is to recover the premium you paid over melt.Ī venue to stay clear of are the Home Shopping players who claim their silver products are in someway related to the rise in the price of silver. The Franklin Mint pioneered this approach in the 1970′s and all high priced limited silver editions eventually went off the cliff and were melted for their silver value. The biggest offenders in the “new product” junk category are the so called “limited edition” silver coins and ingots. To informed buyers the difference between legitimate bullion and a substitute product masquerading as silver bullion (certified modern issues at high premiums) is obvious but to people new to the silver investing field it presents a problem. The minute the price of silver moves higher there is the normal reaction from the rank and file physical players (good) and then there is the reaction by silver hustlers looking to make a quick profit (bad). Silver bullion investing is sometimes a crowded field.

Visit our Audio Gold News Page for information on the precious metals market. Have more questions about the Canadian Silver Maple Leaf 1 oz? We are here to help Ask an Expert There is no dealer reporting requirement (Federal Form 1099B) for this bullion coin when you purchase or sell. These large yellow boxes stack, travel coast to coast and are popular. The Canadian Mint also supplies a virtually indestructible 37 pound Monster Box which holds 20 tubes (500 coins). (5) The Royal Canadian Mint designed a plastic tube which holds 25 coins and snaps shut so storage is convenient. (4) The Canadian Silver Maple Leaf 1 oz is a pure silver coin so value is easy to figure. (3) The Royal Canadian Mint produces a large number of these brilliant silver coins so premium over spot is low and you get more investment for your money. (2) Because of the Royal Canadian Mint quality standards the Canadian Silver Maple Leaf 1 oz is accepted in Individual Retirement Accounts. This allows dealers to post daily buy and sell prices which fluctuate with the price of silver.

The regular production Canadian Silver Maple Leaf 1 oz offers advantages: (1) because the Canadian Silver Maple Leaf 1 oz is guaranteed as to weight and purity by the Royal Canadian Mint is a world bullion standard. The Canadian Silver Maple Leaf 1 oz is a pure silver coin and the date changes each year. The reverse features a stylized maple leaf the Canadian national symbol because the maple tree grows in all 10 provinces. It also includes the coin’s weight and purity. The front of the coin features Queen Elizabeth II and includes its legal tender value ($5 Canadian). It competes with other silver bullion coins like the US Silver Eagle and the Austrian Silver Philharmonic. Production of the Silver Maple Leaf began in 1988 and continues each year because of its popularity. The Canadian Silver Maple Leaf 1 oz has been a silver bullion standard since its introduction by the Royal Canadian Mint. Pre-1933 Gold & Silver Coins PCGS Certifiedĭescription Canadian Silver Maple Leaf 1 oz Dates – Our Choice – Condition – Investment Grade.2014 Australian Kilo Silver Koala (32.15 oz).

Canadian silver maple leaf for sale