Newfoundland 1899 20 cents

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from the Stack's Bowers 2018 Collector's Choice sale, lot 70359
Newfoundland SB518-70359r.jpg

This specimen is a better date of a type struck in London and Birmingham for the colony of Newfoundland 1865-96. Canada debased her silver dimes from .925 to .800 in 1920 but Newfoundland did not follow suit until 1945. Newfoundland was admitted into the Dominion of Canada in 1949 and her separate coinage ceased. As a class, Newfoundland coinage is scarcer than equivalent Canadian coinage but collector demand for it is lower so it is often cheaper. This specimen was lot 70359 in Stack's Bowers Collector's Choice sale (Santa Ana, CA, May 2018), where it sold for $228. The catalog description[1] noted, "CANADA. Newfoundland. 20 Cents, 1899. PCGS AU-58 Secure Holder. Large '99' or wide '99'. Light signs of handling consistent for the grade with a hint of tone on the reverse." The small "99" earns a substantial premium over the large "99".

Recorded mintage: 125,000.

Specification: 4.71 g, 0.925 fine silver, .140 troy oz ASW, reeded edge, 23.2 mm diameter.

Catalog reference: KM 4.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Cross, W. K., The Charlton Standard Catalogue of Canadian Coins, 62nd Ed., Toronto: Charlton International, 2008.
  • [1]Ponterio, Richard, Kyle Ponterio and Chris Chatigny, The May 2018 Collector's Choice Sale, Santa Ana, CA: Stack's Bowers LLC, 2018.

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