1999 1 oz Canadian Silver Maple Leaf Coin (BU)

The 1999 Canadian Silver Maple Leaf emerged during a pivotal moment in global markets. While much of the 1990s saw strong stock performance and steady silver prices, the rising fears surrounding Y2K between 1999 and 2000 triggered uncertainty. As markets dipped, investor confidence shifted back toward precious metals—boosting demand for the Silver Maple Leaf.

Mintage Highlights of the 1999 Release

Second-Highest Mintage of the 1990s

A total of 1,229,442 coins were struck by the Royal Canadian Mint in 1999, making it the second-highest mintage of the decade. This output surpassed the 1993 mintage of 1.133 million coins and reflected a sharp resurgence from the record-low 1997 mintage of only 100,970 coins.

Comparison With Previous Years

Production more than doubled from the 591,359 coins issued in 1998, emphasizing a renewed demand for silver bullion during a time of financial uncertainty.

Silver Market Conditions in 1999

Throughout 1999, silver prices remained stable at an average of $5.20 per ounce, fluctuating only slightly between $4.90 and $5.70. This consistency contributed to investor confidence in silver-backed assets like the Silver Maple Leaf.

Design & Features of the 1999 Canadian Silver Maple Leaf

Obverse: Portrait of Queen Elizabeth II

The obverse of the coin showcases the elegant effigy of Queen Elizabeth II, honoring her status as Canada’s constitutional monarch.

Reverse: Iconic Sugar Maple Leaf

The reverse highlights the classic sugar maple leaf, one of the most recognized bullion designs worldwide and a signature symbol of Canadian heritage.

Product Details

Key Specifications

• Arrives in protective plastic flips
• 12th year of issue in the Canadian Silver Maple Leaf series
• Total mintage of 1,229,442 coins
• Contains 1 troy oz of .9999 pure silver (BU condition)
• Backed by the Government of Canada with a $5 CAD face value