Silver Maple Leaf Melt Value

A Canadian Silver Maple Leaf contains 1.0000 troy oz of pure silver, worth $54.05 at today's spot price.

The Royal Canadian Mint's silver bullion coin, first issued in 1988, is .9999 fine silver.

1988–present

$54.05 silver melt value per coin

1.0000 troy oz silver · 99.99% silver

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 24, 2:19 AM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 1988–present
Face value CAD $5
Composition 99.99% silver
Gross weight 31.11 g
Fineness .9999 (99.99%)
Pure metal 1.0000 troy oz (31.103 g)
Diameter 38 mm
Mint tube 25 coins (1 oz)

How the melt value is worked out

Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 31.11 g × .9999 fine ÷ 31.1035 g per troy oz = 1.0001 troy oz (the issuer states 1.0000 troy oz, which we use)
    1.0000 troy oz × $54.05 spot = $54.05

How to identify it

  • A sugar maple leaf on the reverse; the monarch's effigy on the obverse.
  • Recent coins have radial lines in the background and a tiny micro-engraved maple leaf security mark.

Melt value vs. collector value

Bullion coins usually sell for a premium over melt value. Proof, low-mintage and graded coins can be worth considerably more than their metal.

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