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V13 2010 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 13, Number 2, January 10, 2010, Article 15

1936 CANADIAN ‘DOT CENT' SELLS FOR $402,500

Another rare coin traded hands this week, too. Here's what a Canadian newspaper wrote about it. -Editor

Canada 1936 Dot Cent A rare Canadian coin brought in a pretty penny on Sunday, selling for $402,500 US during a New York auction.

A 1936 Canadian "dot cent" had garnered considerable online traffic after bidding began earlier this week on the Dallas-based Heritage Auctions website.

Only three of such pennies are known to exist; the makeshift coin was struck — but never circulated — after the death of King George V.

Canadian authorities had prepared to produce coins with the effigy of King Edward VIII, who succeeded George V, but Edward VIII then stepped down from the throne to marry an American divorcee and the dies for the coins carrying Edward's image could not be used.

In response, the 1936 coin was put back into production with only a tiny dot below the date to differentiate it.

To read the complete article, see: Canadian ‘dot cent' fetches princely sum during U.S. auction (www.theprovince.com/news/Canadian+cent+fetches+princely
+during+auction/2402294/story.html)

Wayne Homren, Editor

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