2024 Royal Canadian Mint 1 oz Silver Maple Leaf Coin featuring King Charles III
Coin/Bullion · Royal Canadian Mint (RCM). Founded in 1908 in Ottawa, the RCM is a Crown corporation world-renowned for high-purity refining and advanced security technology in bullion manufacturing.
Pattern: Silver Maple Leaf Series; introduced in 1988. This specific 2024 release is the first full-year production featuring the effigy of HM King Charles III.
Type
Coin/Bullion
Maker
Royal Canadian Mint (RCM). Founded in 1908 in Ottawa, the RCM is a Crown corporation world-renowned for high-purity refining and advanced security technology in bullion manufacturing.
Material
Fine Silver (.9999 purity), also known as Four-Nines pure silver. Contains 1 troy ounce of actual silver weight per coin.
Dimensions
Diameter: 38.00 mm; Thickness: 3.29 mm; Weight: 31.103 grams (1 troy ounce); Face Value: 5 Canadian Dollars.
Description
The Silver Maple Leaf is one of the world's most recognized bullion coins. This 2024 edition is historically significant as it replaces the long-running effigy of Queen Elizabeth II with the new portrait of King Charles III. The design features incredible micro-detail in the maple leaf's veins and the King's textured hair, set against a safety-oriented radial line pattern that enhances both beauty and security.
Key Features
King Charles III Obverse; .9999 purity (higher than standard sterling); MINTSHIELD technology; laser-engraved security mark with '24' visible under magnification.
Material & Composition
Fine Silver (.9999 purity), also known as Four-Nines pure silver. Contains 1 troy ounce of actual silver weight per coin.
Finish & Decoration
Brilliant Uncirculated (BU) finish with radial line background. Obverse: Left-facing effigy of King Charles III by Steven Rosati. Reverse: Iconic sugar maple leaf with micro-engraved laser mark. High-relief striking with matte frosting on the leaf.
Hallmarks & Stamps
Stamped '9999' on reverse twice; 'FINE SILVER 1 OZ ARGENT PUR' on reverse; 'CHARLES III', '5 DOLLARS 2024' on obverse; 'SR' artist initials under the neck truncation; 'CANADA' at top of reverse.
Construction Details
Machine-struck/Die-struck. Features RCM’s proprietary Bullion DNA anti-counterfeiting technology and MINTSHIELD surface protection to reduce milk spotting.
Functional Features
Legal tender status in Canada; serrated/reeded edges for tamper-evidence; radial lines designed to refract light for security verification.
Handle & Grip Details
Reeded edge (milled) for secure grip and to prevent metal shaving/clipping; best handled by the edges to avoid transferring skin oils to the fields.
Craftsmanship Details
Precision-engineered industrial minting. Excellence is found in the microscopic consistency of the radial lines and the high-fidelity rendering of the monarch’s features, far exceeding standard circulating coinage.
Authentication Indicators
Radial lines must meet perfectly at the center; micro-engraved maple leaf security mark must contain '24'; specific weight of exactly 1 ozt; distinctive 'ping' test resonance of .9999 silver.
Origin & Manufacturing
Ottawa, Canada. Product of the Royal Canadian Mint, utilizing a sovereign mint manufacturing process with strict quality control.
Era & Period
Modern / Contemporary (21st Century). Represents the Carolean era of British and Commonwealth history following the transition from the Elizabethan era.
Age Estimate
Issued in 2024. Recognizable by the first-year transition to the new monarch's portrait.
Cultural Significance
Represents the continuity of the Canadian monarchy and the Commonwealth. The Maple Leaf is the national symbol of Canada, symbolizing strength and endurance within global financial markets.
Condition Notes
Mint/Uncirculated condition. Coins appear bright with no visible 'milk spots' (oxidation). Lustrous surfaces with sharp strikes. Grade: BU (Brilliant Uncirculated).
Value Estimate
Spot price of silver plus a 'premium' (typically $3.00 - $7.00 USD over spot). Total value fluctuates daily based on the COMEX silver market.
Care & Maintenance
Store in PVC-free plastic capsules (air-tites) to prevent toning. Do not clean with abrasives; use cotton gloves when handling. Keep in a cool, dry place with silica gel to prevent moisture-related surface haze.
Similar Pieces
American Silver Eagle (99.9% pure, different weight standards), Australian Silver Kangaroo (.9999 pure), British Silver Britannia (.999 pure with different security features).
Interesting Facts
The Royal Canadian Mint was the first to issue a .9999 pure silver bullion coin. The 2024 King Charles portrait is the first Canadian coin effigy of a male monarch in over 70 years.