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The SML, standing proud in ultra‑high relief and backed by a dynamic forest view.

Covering nearly 40% of Canada’s total land area, our vast forests are a mosaic of diverse tree species, each one contributing shapes and colours to the woodland landscapes that fall within their natural range—like the sugar maple (Acer saccharum) of eastern Canada, and the balsam fir (Abies balsamea) of eastern and central Canada. Canada’s forests are a vital part of our national identity, and this special relationship inspired the new “heart of the forest”, pulsating field pattern on this 1 oz. 99.99% pure silver coin, where mist-shrouded trees fall in and out of view behind the Silver Maple Leaf (SML) rendered in ultra‑high relief.

NEW “heart of the forest” pulsating field pattern! Tilt the coin to see mist-shrouded trees come into view.


  • Your 2024 UHR SML. A hit with collectors since the first issue in 2022, the ultra‑high relief (UHR) Silver Maple Leaf (SML) returns for 2024. This collectible is crafted in 1 oz. of 99.99% pure silver and features ultra‑high relief that elevates the engraving on the coin’s reverse.
  • NEW pulsating pattern. This coin emanates the “heart of the forest” and adds a certain ethereal quality to your coin’s reverse, where mist-shrouded trees are struck in multiple depths, falling in and out of view and the forest seems to stretch on forever.
  • Elevating art. The SML’s iconic leaf truly stands on your coin’s reverse, which features a peak relief height of 1.4 mm—higher than a typical 1 oz. SML.
  • The popular choice. The SML is one of RCM's most popular annual offerings and it tends to sell out quickly. Only 8,000 of these 2024 coins are available to collectors worldwide.
  • Includes serialized certificate. The Royal Canadian Mint certifies all of its collector coins.
  • No GST/HST.


Your coin is encapsulated and presented in a Royal Canadian Mint-branded clamshell with a black beauty box.


The “heart of the forest” pulsating effect is produced using an array of microscopic cubes that are positioned in such a way that they reflect light back to the viewer, creating the illusion of a shifting and never-ending view. This novel effect was achieved on the master tooling by using advanced laser engraving technology. Traditional engraving is no longer limited to millimetres—it is now possible to achieve engraved details as small as 0.02 mm.


Canada’s forested land area is estimated at nearly 362 million hectares, making it the third-largest in the world. Every day, Canadians use forest products such as lumber, wood pulp, paper, and even food items.

Your coin’s reverse features Walter Ott’s Silver Maple Leaf (SML) bullion design, struck in ultra‑high relief. The raised sugar maple (Acer saccharum) leaf is set against a “heart of the forest” pulsating pattern that showcases Canada’s vast forests; by tilting the coin, a unique light play creates the illusion of an endless forest on a misty day, with tall conifers seemingly falling in and out of view. The words “CANADA”, “FINE SILVER 1 OZ ARGENT PUR” and the purity standard of “9999” are also engraved on the reverse. The obverse features the effigy of His Majesty King Charles III by Canadian artist Steven Rosati.


The Royal Canadian Mint is known as one of the most reputable mints in the world. The Ottawa Branch of the Royal Mint opened in 1908 and was renamed The Royal Canadian Mint in 1931 when control was transferred to the Canadian government. Their high standards for excellence and quality allowed them to be the first refinery to manufacture 9999 fine gold bullion coins in 1982, as well as the first to reach 99999 fine gold purity in 1998.

Reverse Proof
Royal Canadian Mint
CAD 20
Walter Ott (reverse) Steven Rosati (obverse)
1 oz

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