INDEX
Photo: “1-ounce Silver Canadian Maple Leaf MADE OF .9999% PURE SILVER” by ARAR123, CC BY-SA 4.0, via Wikimedia Commons, cropped and background removed
Melt value
$54
1 troy oz at $54.03 per oz silver spot
The Silver Maple Leaf 1 oz contains 1 troy ounce of fine silver. At $54.03 per ounce (spot as of October 27, 2026), its melt value is $54. The asking-price reference could not be loaded; no figure is shown rather than an old one.
Spot is as of the last site build; it refreshes when the page loads. See how these figures are made or the raw data (JSON).
Specifications
- Issuer
- Royal Canadian Mint
- Legal tender in
- Canada
- Face value
- 5 Canadian dollars
- Fineness
- .9999
- Fine silver content
- 1 troy oz
- Gross weight
- 31.11 g
- Diameter
- 38 mm
- First issued
- 1988
- Coindex id
SML
History
The Royal Canadian Mint opened in Ottawa on 2 January 1908 as a branch of Britain's Royal Mint. Until then, Canada's coins had been struck in England, mostly at the Royal Mint in London. Its gold refinery opened in 1911, and on 1 December 1931 an Act of Parliament made it a Canadian institution, a branch of the Department of Finance.
Since 1 April 1969, under the Royal Canadian Mint Act, it has been a Crown corporation reporting to Parliament through the Minister of Finance. The Gold Maple Leaf was introduced in 1979 as an investment coin, and by 1982 the refinery had reached 99.99% purity in commercial gold processing. The Silver Maple Leaf followed in 1988, containing one troy ounce of 99.99% fine silver with a five-dollar face value.
Further reading
- The Canadian Encyclopedia: Royal Canadian Mintthecanadianencyclopedia.ca
- Royal Canadian Mint: Info Source (background)mint.ca
- Royal Canadian Mint: 2008 Annual Report, Making history 1908-2008mint.ca
- Royal Canadian Mint: Silver Maple Leaf 1 oz bullion coinmint.ca
Compiled by Coindex from the sources above. It is not a statement by the mint.
Sources: specifications from the source cited above, spot from Coindex's precious-metals feed, and asking prices from r/Pmsforsale and r/CoinSales posts matched to this exact product. Coindex does not sell bullion and is not a dealer.