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ANA Signature Sale 3075 15 Aug 2019
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Canada
George V Specimen "Dot" 10 Cents 1936 SP63+ PCGS, Royal Canadian Mint, KM23a. Dot on reverse. An absolute wonder, and one of only three 1936 Dot 10 Cents that exists outside of museum collections. This Specimen, previously part of the Dominion Collection, features bold details with rich gold and charcoal patina over smooth surfaces. As with the Belzberg coin, this piece does not have the protective lacquering typically seen on the 1936 Dot cents, and thus the surfaces show forms of handling.
The background regarding the Dot issues (Cent, 10 Cents, and 25 Cents) relates to the passing of George V and the abdication of the throne by Edward VIII. It was commonplace for the bust of the king, in this case George V, to remain on coinage through the remainder of the calendar year, while the creation of dies for the new king was underway. However, Edward VIII's abdication on December 10, 1936 halted production of the obverse, leaving less than 30 days to decide how to handle the following year's currency, and not enough time to complete obverse dies for successor George VI. The result was to continue using the effigy of George V, but to add a dot on the reverse--either below the date, as it is on the 1936 Cent, or below the bow on the wreath as it is on the 10 and 25 Cents-to confirm the issuance was for 1937. Despite the shortage of these denominations, the Cent and 10 Cents were never released into circulation, with speculation that the whole of the mintages were melted. Though, that was not the case, as there are three known examples of the 1936 Dot Cent and 4 known of the 1936 Dot 10 Cents. This particular coin was discovered in 2000 when it was sold by a mint employee to a private collector. Understandably, each time this classic Canadian rarity makes an appearance at auction, a great amount of interest is generated, and we expect no different for this miraculous survivor.
Ex. Dominion Collection (Heritage Auction #419, September 2006, Lot 50337), Certified as Specimen 63 by PCGS, sold for $115,000
https://coins.ha.com/itm/canada/canada-george-v-specimen-dot-10-cents-1936-sp63-pcgs-/a/3075-31192.s?type=CoinArchives3075
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 50000-100000 USD
George V Specimen "Dot" 10 Cents 1936 SP63+ PCGS, Royal Canadian Mint, KM23a. Dot on reverse. An absolute wonder, and one of only three 1936 Dot 10 Cents that exists outside of museum collections. This Specimen, previously part of the Dominion Collection, features bold details with rich gold and charcoal patina over smooth surfaces. As with the Belzberg coin, this piece does not have the protective lacquering typically seen on the 1936 Dot cents, and thus the surfaces show forms of handling.
The background regarding the Dot issues (Cent, 10 Cents, and 25 Cents) relates to the passing of George V and the abdication of the throne by Edward VIII. It was commonplace for the bust of the king, in this case George V, to remain on coinage through the remainder of the calendar year, while the creation of dies for the new king was underway. However, Edward VIII's abdication on December 10, 1936 halted production of the obverse, leaving less than 30 days to decide how to handle the following year's currency, and not enough time to complete obverse dies for successor George VI. The result was to continue using the effigy of George V, but to add a dot on the reverse--either below the date, as it is on the 1936 Cent, or below the bow on the wreath as it is on the 10 and 25 Cents-to confirm the issuance was for 1937. Despite the shortage of these denominations, the Cent and 10 Cents were never released into circulation, with speculation that the whole of the mintages were melted. Though, that was not the case, as there are three known examples of the 1936 Dot Cent and 4 known of the 1936 Dot 10 Cents. This particular coin was discovered in 2000 when it was sold by a mint employee to a private collector. Understandably, each time this classic Canadian rarity makes an appearance at auction, a great amount of interest is generated, and we expect no different for this miraculous survivor.
Ex. Dominion Collection (Heritage Auction #419, September 2006, Lot 50337), Certified as Specimen 63 by PCGS, sold for $115,000
https://coins.ha.com/itm/canada/canada-george-v-specimen-dot-10-cents-1936-sp63-pcgs-/a/3075-31192.s?type=CoinArchives3075
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 50000-100000 USD