The Canadian Silver Maple Leaf coin has become a standard for refining excellence and quality of design around the globe since its 1988 introduction. The official bullion coin of Canada, the Royal Canadian Mint issues the Maple Leaf Series annually in gold and silver, as well as platinum and palladium in more recent years. Today, 1991 1 oz Canadian Silver Maple Leaf Coins are available to you online from JM Bullion.
- Arrives inside of protective plastic flips!
- 4th year of issue for the Canadian Silver Maple Leaf!
- Total mintage of 644,300 coins in 1991!
- Contains 1 Troy oz of .9999 pure silver in BU condition.
- Face value of $5 (CAD) is fully backed by Canada’s government.
- The obverse features Queen Elizabeth II’s effigy.
- The reverse bears the sugar maple leaf design originally created in 1979.
With the 1991 release of the Canadian Silver Maple Leaf, the Royal Canadian Mint witnessed the declining demand for silver play out in the mintage figure of its Silver Maple Leaf coin. Like its neighbor to the south, the American Silver Eagle, demand was slipping for silver bullion coins in the early 1990s.
The Canadian Silver Maple Leaf had a strong debut in 1988 with 1.062 million coins sold, and sustained positive sales in 1989 and 1990 with 3.332 million and 1.708 million coins sold, respectively. However, a downward trend that started in 1990 would continue throughout much of the 1990s with the exception of an uptick in 1993. These 1991 coins sold 644,300, with the 1992 coins dropping in half to 343,800. There was a jump above 1.1 million in 1993, but that swiftly turned into four straight years of declining mintage as the Silver Maple Leaf fell from 889,000 in 1994 to 100,970 in 1997.
On the obverse of 1991 1 oz Canadian Silver Maple Leaf coins you’ll find the third-generation portrait of Queen Elizabeth II. This design is the first ever created for Canadian coinage by a Canadian artist, with Dora de Pedery-Hunt completing the design for the 1990 release of the Silver Maple Leaf. Her design is considered the most ornate and regal of the portraits of Queen Elizabeth II on Canadian coins.
The reverse of the 1991 Silver Maple Leaf continues the use of Walter Ott’s original Maple Leaf design. Using the sugar maple leaf, the nation’s official symbol, as his inspiration, Ott developed this design in 1979 for the Gold Maple Leaf. The Royal Canadian Mint has used it since that time on all metallic versions of the coin from these Silver Maple Leafs to the platinum and palladium options.
Please feel free to reach out to JM Bullion with your questions. You can reach us on the phone at 800-276-6508, chat with us live online, or simply send us an email.