The Canadian Silver Maple Leaf is a silver bullion coin issued annually by the government of Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

. The coin has been minted by the Royal Canadian Mint

Royal Canadian Mint

The Royal Canadian Mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The Mint also designs and manufactures: precious and base metal collector coins; gold, silver, palladium, and platinum bullion coins; medals, as well as medallions and...

 (R.C.M.) since 1988.

The face value

Face value

The Face value is the value of a coin, stamp or paper money, as printed on the coin, stamp or bill itself by the minting authority. While the face value usually refers to the true value of the coin, stamp or bill in question it can sometimes be largely symbolic, as is often the case with bullion...

 of the 1 oz coin is 5 Canadian dollar

Canadian dollar

The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...

s, the highest among international silver bullion coins. During the month of February 2008, the market value of the coin was approximately 20 Canadian dollars. The purity of the coin is 99.99% silver

Millesimal fineness

Millesimal fineness is a system of denoting the purity of platinum, gold and silver alloys by parts per thousand of pure metal by mass in the alloy. For example, an alloy containing 75% gold is denoted as "750". Many European countries use decimal hallmark stamps Millesimal fineness is a system of...

, also the highest among other bullion issues which have a 99.9% standard.

The coin generally always features a maple leaf

Maple leaf

The maple leaf is the characteristic leaf of the maple tree, and is the most widely recognized national symbol of Canada.-Use in Canada:At the beginning of the eighteenth century, the settlements of New France had attained a population of about 18,000...

 and generally consists of 1 troy ounce

Troy ounce

The troy ounce is a unit of imperial measure. In the present day it is most commonly used to gauge the weight of precious metals. One troy ounce is nowadays defined as exactly 0.0311034768 kg = 31.1034768 g. There are approximately 32.1507466 troy oz in 1 kg...

 (31.1 g) of silver.