Only 30,000 of this $5 Silver Proof were issued in 1989 by the Royal Canadian Mint (RCM) to commemorate its 10th anniversary.
It has an ultra deep mirror finish with very sharp frosted details of the Queen's effigy and the Maple leaf (you can actually see the reflection of my camera). The display case made of maple wood, which is a rarity itself, adds to the investment value of this beautiful piece.
The design of the $5 Silver Maple Leaf (SML) is static. However, privy marks were added in later years to commemorate special event/occassions and usually minted in limited amount, thus creating a added premium subsequently in the secondary market, with some privy mark selling for more than US$200 a piece!
In addtion, key date like 1997 commands a premium as only about 100,000 SMLs were minted that year, as compared to the average of more than 1 million pieces annually.
More details about mintage figures and the various privy marks HERE
It has an ultra deep mirror finish with very sharp frosted details of the Queen's effigy and the Maple leaf (you can actually see the reflection of my camera). The display case made of maple wood, which is a rarity itself, adds to the investment value of this beautiful piece.
The design of the $5 Silver Maple Leaf (SML) is static. However, privy marks were added in later years to commemorate special event/occassions and usually minted in limited amount, thus creating a added premium subsequently in the secondary market, with some privy mark selling for more than US$200 a piece!
In addtion, key date like 1997 commands a premium as only about 100,000 SMLs were minted that year, as compared to the average of more than 1 million pieces annually.
More details about mintage figures and the various privy marks HERE
Great coin... I have managed to get one of these coins it looks fantastic in it wooden case...
ReplyDeleteIts one of my favourites. Thanks for visiting my blog. :)
ReplyDeleteI have a number of these 1oz argent .9999pur coins and might be interested in selling! All are still in original plastic sleeves. Suggestions please
ReplyDeleteSounds like you have the BU (Brilliant Uncirculated) and not the Proof coin like the above. it's worth about 10%-15% above silver spot.
ReplyDelete