Following the success of the maple leaf gold bullion coins introduced in 1979, the Royal Canadian Mint started in 1988 to produce a one ounce silver maple leaf coin.
As with the gold version which are struck in fine gold, the silver maples are struck in fine silver with a purity of 99.99%. The concept of the one ounce bullion coin was to provide an easy way to purchase convenient small quantities of bullion silver in the form of coins. Additionally, the new one ounce coins, are an attractive design, made to appeal to collectors. The denomination, or face value, is five dollars Canadian.
In 2009 the Royal Canadian Mint started issuing a series of privy marks on one ounce Maples celebrating European buildings and structures. The coins were only released in Europe and are restricted to mintage figures of 50,000 each. This coin has the leaning tower of Pisa as a privy mark.