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Lot
23392

Canada: George V 1936 Dot Cent, ...

2013 April 18-19 & 22-23 CICF World & Ancient Coins Signature Auction - Chicago #3024

 
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Auction Ended On: Apr 18, 2013
Item Activity: 5 Internet/mail/phone bidders
14,017 page views
Location: Crowne Plaza Hotel
5440 N. River Rd.
Rosemont, IL 60018

Description:
The Legendary Pittman/Krause 1936 Dot Cent
George V 1936 Dot Cent,  KM28, MS63 Red PCGS. Ex: John Jay Pittman Collection. From our sale of the Chet Krause Collection in January 2004, Lot 14312, where it was described, "This piece is extremely well struck with a very sharp edge. It has been lightly lacquered at the Mint, as was the practice at the time. There is some spotting on the obverse and a notable planchet flaw on the reverse at the 3 of the date, as well as some planchet roughness near the right maple leaf. The planchet flaw and planchet roughness lend strong credence to this piece as the only Mint State example of the three known Dot cents, and this example does have distinctly different surfaces from the other two Dot cents.

This is far and away the most famous of the Dot cents, being the one stolen from the Pittman home in 1964 and later returned (with scratches in the right obverse field) in an envelope with other coins. In early 1936, George V passed away and was succeeded by his son King Edward VIII. As was common practice, for the remainder of 1936 the coinage continued to have the effigy of King George V. Toward the end of the year, models were made and dies produced with the effigy of King Edward VIII, but upon Edward's abdication the dies were no longer valid and a severe shortage of Canadian 1, 10, and 25 cent pieces arose in early 1937. Because of the shortage, Canada was forced to continue producing coins dated 1936 with the portrait of King George V. Canadian authorities felt a need to distinguish this 1937 mintage from the 1936 production, and a small Dot was placed on the reverse of the 1, 10, and 25 cent coins. The Dot is below the date of the 1 cent coin, and under the bow on the wreath of the 10 and 25 cent coins. History tells us that only the 25 cent piece was placed in circulation and that three pieces of the Dot cents are the only surviving examples." Once again, we are pleased to offer this wonderful piece of Canadian numismatic history. The current owner has known the pride of having this legendary coin for over 9 years, and now it's time for a new chapter to be written in the story. For all of you who hope to own this amazing coin, we wish you the best of luck.
From The Nikita Collection Krause catalog price(s) for this item: $0.3 in F.

Please note: Many Krause World Coin catalog prices are updated infrequently. Therefore this information is offered to bidders as a time-saving convenience only. Some Krause prices may be outdated and/or inaccurate due to fluctuating markets, newly discovered hoards, data entry errors (whether on Krause's part or ours) or other factors.

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