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1

1936 Canadian Cent

Max T. writes: I recently found a 1936 Canadian penny but I can’t locate information regarding its value.

In average circulated grades the coin is worth less than US 10 cents but there are two famous and extremely rare varieties. Reportedly, one is a business strike with a dot below the date, which is unique. However, there are currently no business strike examples known or even reliably reported.

There are also three specimen strikes of the same variety. These are classic rarities – arguably the most famous and revered of all Canadian coins. One of these was sold at auction as Lot #1 of the October, 1997 session of the John J. Pittman Collection, catalogued by David W. Akers. It realized $121,000. Considering the current strong market for major numismatic rarities, the coin would undoubtedly bring many multiples of that today.

 

Dec 9, 2013coindoc
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