1936 Canadian Penny - Coin Community Forum

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Author	Replies: 9 / Views: 7,722
Natolia New Member Canada 11 Posts	Posted 01/28/2010 6:37 pm Anyone hear about this 1936 canadian penny that is worth aprox 136 000$ ? Would love to find it !I have a 1937 canadian one darnit! lol <<Moved to Canadian forum by staff>> Report this Post to the Staff

gawd0wns Valued Member Canada 464 Posts	Posted 01/28/2010 6:54 pm You must be talking about the 1936 Dot variety; according to my Charlton Standard Coin Guide (62nd Edition), only three are known to exist. My guide has it priced for 200+, 136,000 is a good buy. Edit: If you think 136,000 is a funny number, read this article: http://heritageauctions.blogspot.co...age-fun.html Edited by gawd0wns 01/28/2010 7:00 pm Report this Post to the Staff
Natolia New Member Canada 11 Posts	Posted 01/28/2010 7:23 pm Then you must know about the U.S penny that was worth 1 million was it the 1941 or 1943 ? I don't remember. Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 01/28/2010 7:41 pm The highest graded 1936 dot cent sold three weeks ago for $402,500. A US 1943 copper cent is nowhere near $1 million though, one of the best examples just crossed the auction block for a mere $218,500. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 02/01/2010 10:32 am Only US cent that has sold for over a million dollars was the 1795 reeded edge cent from the Dan Holmes collection. Report this Post to the Staff
icollectsilvercoins New Member Canada 5 Posts	Posted 02/02/2010 01:00 am what are all the rare pennies? Report this Post to the Staff
3stooges Pillar of the Community United States 511 Posts	Posted 02/08/2010 12:37 pm Even taking the collector instinct into acount, why a tiny dot would add hundreds of thousands of dollars in value to a coin is beyond puzzling. Report this Post to the Staff
1cent Pillar of the Community Canada 1051 Posts	Posted 02/08/2010 6:51 pm I think for items like the 1936 dot 1c and 10c, you're paying as much for the history/story and pedigree as you are for the coin itself. Like an Andy Warhol painting, the "value" is determined by these factors more than any real-world intrinsic value would suggest. AW's "200 dollar bills" painting recently sold in New York for over $43 million dollars. Everything is relative. Report this Post to the Staff
Halfwitty Pillar of the Community United States 1523 Posts	Posted 02/08/2010 7:07 pm Apperently the dot cent was an emergency issue coined while waiting for new dies.There were a good number of them put into circulation but the mint can't explain why they are so rare. Report this Post to the Staff
1cent Pillar of the Community Canada 1051 Posts	Posted 02/09/2010 01:59 am There's a bank vault somewhere with stacks of 1936 dot coins, and 1916C Sovereigns. Report this Post to the Staff
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