1921 five-cent coin brings $9.3K

A 1921 five-cent coin in Professional Coin Grading Service Extremely Fine-45 brought $7,200 US (about $9,325 Cdn.) including buyer’s premium at auction this September.

Struck by the Ottawa mint, fewer than 500 examples of 1921-dated five-cent pieces are presumed to exist today due to the reserve and melting of the majority of the original mintage of 2,582,495.

“A famous rarity thus, this example has received an above-average certification for the type of XF45, commensurate with the high degree of remaining detail, particularly on George’s portrait,” reads the auction catalogue. “With much residual luster and toned a light gold in the peripheries, this is a truly elite offering of the Canadian numismatic series.”

The coin was one of nearly 150 lots of Canadian coinage offered during Heritage Auctions’ Sept. 6-11 Long Beach Expo World Coins and Ancient Coins Signature Auction.

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