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Canada: George V 10 Cents 1936 Dot,...

2010 January Signature World Coin Auction #3008

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Auction Ended On: Jan 3, 2010
Item Activity: 5 Internet/mail/phone bidders
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Waldorf Astoria
301 Park Avenue
New York, NY 10022

Heralded 1936 Dot 10 Cents Specimen 68 Ex Pittman
George V 10 Cents 1936 Dot, KM23a, Specimen 68 PCGS. With our offering of this example, Heritage will have brought to auction all three examples of the 1936 Dot 10 Cents that exist outside of museum collections. As a Specimen 68, this piece is five grade points finer than the Dominion Collection Specimen offered in September 2006 and two points finer than the Pittman-Belzberg Specimen sold in January 2003. The three Specimens are easily distinguished; while the Dominion example has rich gold and charcoal toning and the Pittman-Belzberg coin has deep and colorful blue-violet toning, this piece, which was lacquered, is generally light silver-gray with a touch of gold over the centers and small areas of deeper color at the D of IND in the obverse legend and just off the C of CANADA on the reverse. The texture of the fields has variously been called matte or satiny--due to the amount of swirling luster present on this piece, this cataloger prefers the latter term. Semantics aside, the surfaces are virtually perfect, and the definition is exquisite, particularly on the fine details of the portrait's hair and robes.

As David Akers noted in 1997 when he described this Specimen for the John Jay Pittman Collection, Part One, "no 1936 Dot 10 Cent piece has ever been offered for sale at public auction until this example offered here." In this way, the 1936 Dot 10 Cents was a private rarity of Pittman's, in contrast to the 1936 Dot Cent, which had received substantially more collector-publication ink and had made an appearance at public auction in 1961. (The Dominion Collection example became known to collectors after his passing.) At each auction appearance, the 1936 Dot 10 Cents has attracted plenty of attention and highly competitive bidding, and the offering of the finest survivor known is sure to increase the stakes.

Ex: Maurice LaFortune, employee of the Royal Canadian Mint; John Jay Pittman, purchased 11/12/1951 as part of a complete 1936 Dot Specimen set, $400; unknown thieves, 1964, later returned anonymously along with the 1936 Dot Cent; John Jay Pittman Collection, Part One (David Akers, 10/1997), lot 15, $132,000.
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