Please Explain The Price Vs. Mintage Of Newfoundland Small Cents

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Author	Replies: 1 / Views: 1,638
1960NYGiants Pillar of the Community United States 666 Posts	Posted 08/12/2022 9:20 pm I was reviewing Charlton's listing of Newfoundland small cents today. Pricing for high grade examples do not make sense to me. Let's compare: 1938 mintage 500,000 MS63 Red = $80 1940 mintage 300,000 MS63 Red = $700 1941 mintage 827,662 MS63 Red = $300 1942 mintage 1,996,889 MS63 Red = $425 1943 mintage 1,293,732 MS63 Red = $125 1944 mintage 1.328,776 MS63 Red = $2,500 1947 mintage 313,772 MS63 Red = $800 What happened in 1942 + 1944 that caused the apparent grade scarcity? And 1938 to be so common? LM of RCNA Member of CATC Report this Post to the Staff

DBM Pillar of the Community Canada 9864 Posts	Posted 08/12/2022 11:19 pm The '44s are not grade scarce, they are harder to find in any grade. There is no way that anywhere near 1.3 million were put into circulation. If you look at their Canadian cousins you'll see that MS63 war year coins are all apparently scarcer than their 1938 counterparts, despite much higher mintages. I'm sure that at both the British and Canadian mint during the war years quality of coins took a back seat to quality of ammunition products. The only outlier is the '42 which at 1 in 7 isn't unusual. "Dipping" is not considered cleaning... -from PCGS website Edited by DBM 08/12/2022 11:37 pm Report this Post to the Staff
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