Canada 1858 20 cents

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Heritage sale 3008, lot 20629
photo courtesy Heritage Auction Galleries

This specimen was lot 20629 in Heritage sale 3008 (New York, January 2010), where it sold for $1,725. The catalog description[1] noted, "Victoria 20 Cents 1858, MS63 ICCS. Full luster beneath purple toning with nicely defined details and a few minor marks. The only year of this issue, and scarce in this condition." This type was issued in 1858 along with one, five and ten cent pieces. Unlike the other denominations which won quick acceptance, this coin was swiftly rejected as confusingly similar to the U. S. quarter and no further issues were minted. Most survivors today are in well circulated condition. When coinage resumed in 1870, it was with a twenty-five cent piece instead, a lesson the United States Mint ignored in 1875 when it experimented with a twenty cent piece.

Recorded mintage: 750,000.

Specification: 4.65 g, .925 fine silver, .138 troy oz ASW, reeded edge.

Catalog reference: KM 4.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Cross, W. K., The Charlton Standard Catalogue of Canadian Coins, 47th Ed., Toronto: Charlton International, 1993.
  • [1]Tucker, Warren, and Scott Cordry, Heritage Signature Auction 3008: World Coins, Dallas, TX: Heritage Auction Galleries, 2009.

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