5 Dollars In the name of Elizabeth II; SML Bullion Coinage

(en) A hit among investors worldwide, this coin has been slightly modified by the Royal Canadian Mint to feature a new finish formed of complex radial lines and a micro-engraved laser mark to reduce counterfeits which will remain part of this coin's design in the future.

The world’s most secure silver bullion coin – now with MINTSHIELD™ surface protection!

A variety of bullion coins and bars are available to purchase through select dealers. The retail price of bullion products is based on the international gold, silver and platinum market prices, which vary daily. Bullion coins do not have any fixed mintage unless otherwise stated.

Since its introduction in 1988, the iconic Royal Canadian Mint Silver Maple Leaf (SML) has been a highly sought-after bullion investment coin. The SML is minted with one troy ounce (31.11 grams) of 99.99% fine silver and has a face value of $5.

All 2023 SML bullion coins include enhanced security features: radial lines, a micro-engraved maple leaf and BULLION DNA™ Anti-Counterfeiting Technology. They also include MINTSHIELD™ surface protection: the world’s first proven approach to reducing the occurrence of white spots discolorations on silver bullion coins.

Aesthetic Protection

After years of intensive research and development, the Royal Canadian Mint developed MINTSHIELD™, a unique manufacturing process breakthrough that reduces the appearance of white spots on Silver Maple Leaf bullion coins. Invisible to the eye and having no effect on the coins’ purity or composition, MINTSHIELD™ reduces the appearance of white spots for years.

Ehanced Security

BULLION DNA™ Anti-Counterfeiting Technology is an industry first that goes above and beyond other approaches to coin authentication. Every die used to produce SML coins is laser micro-engraved with an anti-counterfeiting security mark. Our registration process—digital non-destructive activation (DNA) technology—captures images encrypted with an algorithm signature and then stores these in our secure database. This proprietary Bullion DNA™ technology facilitates the authentication of Silver Maple Leaf coins dated 2015 and later.

SML bullion coins also feature a textured maple leaf, micro-engraved with laser technology on a small area of the reverse side of the coin. In the centre of this mark, visible under magnification, is the numeral "23" denoting the coin’s year of issue.

The radial lines on 2023 Silver Maple Leaf bullion coins are machined precisely to within microns on the master tooling for maximum reproducibility from die to die and coin to coin. The line width and pitch give Silver Maple Leaf coins a characteristic look and create a distinctive, light-diffracting pattern that is specific to this coin.

The obverse features the effigy of Queen Elizabeth II by Susanna Blunt. The obverse also bears a special marking that includes four pearls symbolizing the four effigies that have graced Canadian coins and the double date of her reign.

Special Features

Three unique features for cutting-edge security, including precise radial lines, a micro-engraved leaf and Bullion DNA™ Anti-Counterfeiting Technology, exclusive to the Royal Canadian Mint.
Bullion DNA™ technology facilitates the authentication of Silver Maple Leaf coins dated 2015 and later.
An attractive acquisition for both first-time precious metal buyers and long-term investors.
Precision-cut radial lines create a unique light-diffracting pattern specific to this coin.

No fixed mintage.