The Royal Canadian Mint is a prestigious mint that has a world class reputation for producing some of the finest bullion and numismatic coins know to collectors and enthusiasts.
Here is a list of good explanations of why the 1 oz Royal Canadian Mint (RCM) Silver Maple (SML) is the best choice when selecting a silver coin to buy.
Maple Leaf Coin
1 oz fine 99.99% silver purity
- The Royal Canadian Mint is government backed, and ensure that the quality, authenticity and design appeal is world class.
- The intricate design features deter counterfeiting and provide the ability to check the coins authenticity by using the DNA Bullion tester.
- You know when you see a 1oz Silver Maple Leaf coin, it shows quality that you can see and feel. Crisp lines, perfect edges and skillful finish.
- The 1 oz Silver Maple leaf coin has a denomination value, $5 CAD, therefor not considered a round. So it carries inherent and perceived value as an investment bullion coin.
- The premium over spot for new brilliant uncirculated (BU) 1 oz Silver Maple Leaf coin is very reasonable, often in the range of $5-10 (CAD) over spot per oz. If you purchase more, for example a tube containing 25 x 1 oz silver maples or a Monster Box containing 500 x 1oz Silver Maples, you will get a lower premium/ price per ounce.
- When selling your silver maples back into the market, they have good liquidity, meaning they are sought after on the secondary sales market and you will get a good premium over spot for them, often in the range of $3 – 5 CAD over silver spot per oz.
Investing in silver is a fun and enjoyable, it’s recommended for new investors to do some self education on investing in silver. When your ready to purchase, to do so from a reputable precious metals dealer.