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What is a privy silver coin?

What is a privy silver coin?

Mint will issue circulating coins and other numismatic products that feature a privy mark honoring the 75th anniversary of the end of World War II. A privy mark, in general terms, is a symbol that communicates information about a coin’s production. Countries around the world have used privy marks for centuries.

Are Maple Leafs pure silver?

The Canadian Silver Maple Leaf is the second most popular silver coin after the American Silver Eagles. Moreover, since their silver content is much higher, being made of 99.99% pure silver, the Canadian silver maple leaf is considered to be one of the most desired coins on the precious metal market.

Are privy coins worth more?

They are distinctive symbols and are generally appearing only on coins of limited mintage. So these pieces are likely to retain more value than other coins of similar age or mintage numbers without them. Overseas, certain coins with privy marks are worth much more than similar coins without them.

What is a privy proof coin?

A privy mark was originally a small mark or differentiation in the design of a coin for the purpose of identifying the mint, moneyer, some other aspect of the coin’s origin, or to prevent counterfeiting. Some privy marked coins – such as the Canadian Silver Privy Marked Maple Leaf – may sell at a premium.

How much is a 1 oz silver Canadian Maple Leaf worth?

At 5 Canadian dollars, the official legal tender face value of this 1 oz coin is the highest among silver bullion coins. The coins purity is guaranteed at 9999 pure silver, also among the highest purities which have a standard of 999.

Is a silver maple legal tender?

The Canadian Silver Maple Leaf is a silver bullion coin that is issued annually by the Government of Canada. The Silver Maple Leaf is legal tender. The face value is 5 Canadian dollars. The market value of the metal varies, depending on the spot price of silver.

How many silver maples are in a tube?

25 Canadian Silver Maples
Each tube holds 25 Canadian Silver Maples. You may receive a tube with any color cap from the Royal Canadian Mint as each tube holds any 1 oz Silver Coin from the Royal Canadian Mint.

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Ruth Doyle