The Silver Canadian Maple Leaf is one of the world’s most popular bullion coins. Serving as the official silver bullion coin of Canada, this beautiful specimen has been in production on an annual basis since 1988. Right now, you have the chance to purchase a 1989 Silver Canadian Maple Leaf coin in BU condition on Silver.com.
- Second year of availability for the Silver Canadian Maple Leaf!
- Total of 3.332 million coins struck in 1989!
- Arrives in a clear plastic pouch, the original shipping plastic from the Royal Canadian Mint.
- Consists of one troy ounce of .999 fine silver.
- Bears a face value of $5 (CAD) backed by the federal government of Canada.
- Features a Brilliant Uncirculated grade.
- Sugar maple leaf on the reverse face.
- Queen Elizabeth II’s right-profile portrait on the obverse.
Silver Canadian Maple Leaf coins were introduced nearly a decade after the gold version of the coin. When the Silver Maple Leaf debuted in 1988, it was met with reasonable demand that saw mintage hit 1.155 million. Most coins experience a surge in the second year of availability, and this was the case with the Silver Maple Leaf as the 1989 Silver Canadian Maple Leaf saw its mintage triple to 3.332 million.
Each of the 1989 Silver Canadian Maple Leaf coins in this product listing ships to you in a plastic pouch, rather than the standard plastic capsule or tubes of most BU coins. This is the original packaging the Royal Canadian Mint would ship its Silver Canadian Maple Leaf coins in to investors.
Additionally, these coins have a Brilliant Uncirculated grade. Coins in BU condition exhibit no signs of wear and tear, though you’re likely to notice minor blemishes such as breaks in the luster, spotted surfaces, or contact marks from the striking process.
On the reverse face of the coin is the image of the sugar maple leaf, accompanied by engravings of “Canada,” “9999,” and “Fine Silver 1 oz Argent Pur.” The obverse face of the coin features the right-profile portrait of Queen Elizabeth II.
At this point in the program’s history, the original portrait of Queen Elizabeth II used on Canadian currency was still in use. This design was on the Silver Canadian Maple Leaf only in 1988 and 1989, and came from Arnold Machin. It was replaced the next year by a revamped portrait of Her Majesty from Dora de Pedery-Hunt.
If you have any questions about these coins, don’t hesitate to reach out to Silver.com. Our associates are available on the phone at 888-989-7223, online using our live web chat, and via our email address.