After a decade of dropping mintage figures, the Canadian Silver Maple Leaf coin came roaring back to life as Y2K fears increased and the century came to an end. While silver prices remained steady, fears over the impact of Y2K meant investors turned back to precious metals in this era. Right now, 1999 1 oz Canadian Silver Maple Leaf Coins are available to purchase online from JM Bullion.
- Arrives inside of protective plastic flips!
- 12th year of issue for Canadian Silver Maple Leaf coins!
- Total mintage of 1,229,442 coins in 1999!
- Contains 1 Troy oz of .9999 pure silver in BU condition.
- Bears a face value of $5 (CAD) backed by the federal government of Canada.
- Obverse features the effigy of Queen Elizabeth II.
- Reverse includes a design of the sugar maple leaf.
The 1999 issue of the Canadian Silver Maple Leaf was the second-highest mintage of the coin in 1990s. Much of the decade was marked by strong stock performance in global markets and higher, but steady, silver prices. However, Y2K fears came to a head between 1999 and 2000, sinking markets and pushing investors back toward precious metals.
A total of 1,229,442 coins were produced by the Royal Canadian Mint in 1999. This was higher than the 1993 issue of 1.133 million coins, but still below the 1990 release of 1.708 million coins. More importantly, mintage of the coins was up 10 fold from just two years earlier when the 1997 Silver Maple Leaf hit an all-time low of just 100,970. It was also more than double the 591,359 coins from the 1998 Silver Maple Leaf.
Silver prices in 1999 remained steady and consistent with previous years. The price averaged $5.20 per ounce throughout the year, hitting lows around $4.90 per ounce and highs of roughly $5.70 per ounce throughout the course of 1999.
On the obverse of 1999 1 oz Canadian Silver Maple Leaf Coins you’ll find the third-generation effigy of Queen Elizabeth II. Created by Dora de Pedery-Hunt in 1990, this right-profile portrait captures the Queen in a more regal design with engravings of the coin’s face value, year of issue, and Elizabeth II’s name.
The reverse of all 1999 Canadian Silver Maple Leafs includes the sugar maple leaf design. This image brings the national emblem to a beautiful bullion coin in a design created in 1979 by Walter Ott.
Founded in 1908, the Royal Canadian Mint is Canada’s official sovereign mint. The mint operates two facilities that include its original operation in Ottawa and a newer facility opened in Winnipeg in the 1980s.
If you have any questions, please contact JM Bullion at 800-276-6508, chat with us live online, or send us an email with your inquiries. The price of silver today is listed on our website and constantly updated.