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All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Coins and Colonial Tokens

1954 NSF Cent Confusion

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don in nmkt
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Canada
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 Posted 09/22/2013  1:30 pm Show Profile   Bookmark this topic Add don in nmkt to your friends list Get a Link to this Message Number of Subscribers
I an confused with the way Canadian Coin News handles the subject coin. They list it as 1954 NSF (PL) and then list the monetary value under MS grades. ie 1954 NSF (PL) is grade as MS-60Br for $700.00!! I do not understand giving a PL coin a value according to a MS coin. What is going on?
kitkat1858
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Canada
371 Posts
 Posted 09/22/2013  9:14 pm  Show Profile   Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
Yes, this is confusing. The 1954 NSF cents are all PL. There are (as far as I know) no business strikes that have ever surfaced. Since this coin is typically collected by those who are trying to complete the Canadian penny series it is included with the other business strikes, even though it probably shouldn't be.

In other words, the MS-60Br grading designation should actually be PL-60Br.

I hope this answers your question!
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