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.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 23, 9:09 PM EDT
Some prices could not be refreshed recently and may be out of date.
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.
Related tools
Source
- Royal Canadian Mint: 1 oz Silver Maple Leaf — checked 2026-10-22