Heritage Auctions is selling an example of the rare 1936 dot Canadian cent, this one owned by the founder of Canadian Coin News, Chet Krause. The coin, graded PCGS MS-63 Red, was purchased by Krause in 2004 for $207,000 U.S. at Heritage’s 2004 New York International Numismatic Convention sale. Heritage spokesman Noah Fleisher told Canadian Coin News that the coin is expected to sell for between $200,000 and $300,000 when it goes on the block in April. The coin has a remarkable history. At one time it was owned by famed collector John Jay Pittman. It was stolen from the Pittman home in 1964 and later returned (with scratches in the right obverse field) in an envelope with other coins. Pittman managed to own all three known 1936 dot cents all at once. Today all three coins remain in the hands of private collectors. Continue reading →
The Royal Canadian Mint’s November releases feature an assortment of gold and silver coins celebrating Canadian symbols, history and cultural traditions. Highlights include Lady Peace, Canada’s coat of arms, a one-kilogram silver Maple Leaf and gold issues featuring the yin-yang symbol and Lunar Year of the Goat. (RCM image)
