Wednesday, June 19, 2013

1936 Canada Cent, No Dot

Have a 1936 Canadian penny and want to know its value?

Is that a dot? Probably not.

1936 saw King George V abdicate in December that forced the Royal Mint to scramble and make new coins for the next king. The problem is that coins were still needed for the start of 1937. The solution was to add a raised dot under the date between the 9 and 3 to indicate it was made in 1937.

According to the records about 678,823 dot cents were minted. That being true most were not used and only presentation pieces were saved. There are only three known verified 1936 dot cents so the rest are like the one above just normal.

That small area under the date is subject to lots of scrutiny. Often die breaks forms, dirt fills it up, and damage can lift the metal. Add to that the metal surface is not always flat so hints of a dot may be seen but unless the coin is mint state it cannot be verified.  Were this a dot cent $200,000 would be reasonable since a MS-66 sold for $402,500 in 2010.

Here's the stats...
Type/Country: 1 Cent / Canada
Year: 1936
Mintage: 8,768,769
Metal: 95.5% Copper,1.5% Zinc, and 3% Tin
Value: $6.00 in EF-40

In a low grade of good G-4 it is about $1.00.

Do you have a cent from Canada and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

0 dollars worth, for Comments/Questions click here.: