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Lot
14312

Canada: George V 1936 Dot cent, Ex: John Jay Pittman Collection. KM28, MS63 Red PCGS. This piece is extremely well struck with a ver...

2004 (HWCA) New York Signature Sale #340

 
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Auction Ended On: Jan 12, 2004
Item Activity: 9 Internet/mail/phone bidders
6,821 page views
Location: New York, NY
Description:
George V 1936 Dot cent, Ex: John Jay Pittman Collection. KM28, MS63 Red PCGS. 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models were made and dies produced with the effigy of King Edward VIII, but upon Edward's abdication the dies were no longer valid and a severe shortage of Canadian 1, 10, and 25 cent pieces arose in early 1937.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.
From the Chet Krause Collection.

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