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Lot 20312 |
Canada: George V 50 Cents 1921,...
2010 January Signature World Coin Auction #3008
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Bid Information
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This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
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(excludes Virtual Bourse, Comic Market and Virtual Sports Show)[+] Extended Payment Plan Details for Heritage Owned Inventory Items
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- Non-dealers only
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.
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| Sold for: | Sign-in or Join (free & quick) | |
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| Auction Ended On: | Jan 3, 2010 | |
| Item Activity: |
5 Internet/mail/phone bidders
 11,147 page views |
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| Location: |
Waldorf Astoria |
"This popular and very scarce coin was originally minted in considerable quantity. During the early and mid-1920s the demand for 50-cent pieces was very light; only 28,000 pieces were issued between 1921 and 1929. These are assumed to have been almost entirely 1920s. When a greater demand for this denomination arose later in 1929, the Master of the Ottawa Mint decided to melt the entire stock of 1920 and 1921 coins (amounting to some 480,392 pieces) and recoin the silver into 1929 coins. He took this decision because he feared that the public would suspect they were receiving counterfeits if a large quantity of coins with 'old' dates were issued. It is believed that the 75 or so 1921s that have survived came from Specimen sets sold to collectors, or from circulation strikes sold to Mint visitors."
Certainly, this example was well-kept from the time it was acquired. Both sides have powerful, slightly satiny luster that filters through rich green-gold and reddish-orange patina that shows copper and silver-gray accents. A shallow mark to the right of the last A in CANADA, in a hollow between two maple leaves, serves as a pedigree marker. A strong candidate for any Condition Census for the date.
From the Canadiana Collection Estimate: .
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