Watch List notes:

CANADA: Elizabeth II, 1952-, 5 cents, 1953, KM-50, with shoulder fold, far leaf, very rare variety, NGC graded AU50, RR. In 1951, during the Korean War, Canada was faced with a shortage of nickel, which had traditionally been used in producing the five-cent piece. To deal with this problem, the Royal Canadian Mint reverted to a solution which had been found during the Second World War. It struck five-cent pieces in steel and plated them with chromium. In 1953 a new five-cent piece bearing the portrait of Queen Elizabeth II was introduced, its shape and metal composition remaining the same as the 1952 issue. The chromium-plated steel five-cent pieces were struck and issued until 1955, when once again nickel was used.

Estimate: 200-300 USD