Canada 1887 cent

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Heritage sale 3008, lot 20002
photo courtesy Heritage Auction Galleries

This specimen was lot 20002 in Heritage sale 3008 (New York, January 2010), where it sold for $17,250. The catalog description[1] noted, "Canada. Victoria Cent 1887, MS66 Red PCGS. Out of 1.5 million pieces struck, this is the sole highest-graded example certified by PCGS (7/09); not only is it the lone survivor awarded the MS66 designation by that service, but it retains fully Red surfaces, actually rich copper-gold and orange with peach overtones. Victoria's hair is finely wrought. Scattered small marks and tiny isolated areas of deeper color are visible on either side. A leading Canadian dealer had this to say about this piece, 'It is the finest Victoria Cent, of any date, that I have ever seen.' In sum, a rare opportunity to obtain a fantastic representative--the finest the issue has to offer." This type was struck 1870-1901 in large quantities and is readily available in grades up to brown Uncirculated. This date is priced about 80% higher than the commonest date (1900-H) but is otherwise unmemorable.

Recorded mintage: 1,500,000.

Specification: 5.67 g, bronze, 25.4 mm diameter, plain edge.

Catalog reference: KM 7.

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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