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20 Dollars - Elizabeth II Ultra High Relief 1 oz. SML

Issuer Royal Canadian Mint
Year 2023
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Reference(s) KM#3366, RCM/MRC#207391
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Obverse script Latin
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Reverse description The reverse presents a highly detailed, ultra high relief rendition of the iconic Sugar Maple Leaf centred in the field, its intricate vein structure and lobed form rendered with exceptional sculptural depth and finished with selective gold plating that highlights the leaf against the mirrored silver field. The legend CANADA arcs along the upper periphery, while the bilingual purity and weight inscriptions FINE SILVER 1 OZ ARGENT PUR curve along the lower margin. The fineness designation 9999 appears twice in the field, flanking the leaf at the nine o'clock and three o'clock positions respectively, and the coin's gold-plated rim frames the entire composition.
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Additional information

The "Ultra High Relief" designation here reflects a genuine technical achievement — the RCM has invested heavily in its modified multi-strike pressing process, which forces metal into die recesses that standard single-strike production cannot reach. The tradeoff is throughput: these pieces require significantly more press time per coin, which is precisely why the mintages stay low and the premium over spot stays high.

The gold plating over .9999 silver is applied selectively, a technique the RCM refined across several collector series in the 2010s and 2020s to create tonal contrast without resorting to colorization.

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