Another Interesting Find

[Bob P]

While going through a bag of wheats, I was pleased to find one of these...and in really nice condition too! Any of you world coin types know what a 1935 Canadian cent might be worth in this condition?

[Jack]

Bob the 2003 North American "Coins and Prices" 12th Edition has this coin in XF at 1.50 and MS 60 at 9.00. Hope that helps

[Bob P]

Thanks Jack! I know nothing of other country's coinage, so I appreciate your assistance. I would grade this one at about an MS62, so not a bad find then.

[coppercoins]

Actually grading on world coins is far tougher than on US coins. By the photos I would call that coin an AU50, could even be EF depending on who's looking at it. There is a bit of wear on the bottom of the crown and on the bow at the back of the coat. There's probably at least a touch of wear on the leaves on the reverse as well. While I might be able to agree that it's a high end AU for a US coin, the world coins are on a different standard altogether.

Coins magazine lists the issue at the same values Jack quoted. I'd say it's a $3-$5 coin...still a cool find in a US bag!

[Bob P]

I can deal with that Chuck. As I said, I have not much knowledge on world coinage. Either way, it was a nice find in a wheat bag. It's in better shape than the majority of all my US 1930s era coinage. Thanks for the info!

[Jack]

Bob Chuck is right the coin you have is AU at best with "True " grading based on what most US graders would say. It is a nice coin and for what ever reason coins from Canada hold up better than our US coins, ( I thank)

[smed]

Going by Canadian grading standards as shown in Charlton and what I can see on the coin, it would grade at least VF-20 but less than EF-40.

Canadian grading is strict -- most emphasis is on the crown. As in a lot of US coins, the reverse has little impact (assuming any wear is consistent with the obverse) on the grade. For a GV coin to grade EF, all 8 pearls MUST be showing in the lower band of the crown and all 6 vertical pearls of the crown MUST be clearly defined.

[joeyuk]

I have heard the same for the Canadian grading standards. A coin graded by ICCS should be very solid for the grade.

[Robert]

Shouldn't this thread be in the foreign coins section?

The way I understand to grade King George V Canadian coins is mainly by the wear on the crown. In the headband there are 4 pairs of pearls, each pair being in the vertical orientation. (the horizontal blob-like things are jewels)

The first pair of pearls is above the eye, the second is above and between the eye and ear, the third above and behind the ear and the 4th to the rear of the headband. A "fine" coin has 2 pairs showing (front and rear); "very fine" has 3 pairs and "xf" has all 4 pairs. Wear on the mustache/eyebrow/ear and number of pears in the "vertical" band at the top of the crown largely determine higher grades.

In your pic I see three pairs, so I'd consider it an xf. I don't see the pair between the eye and ear. Plus, it appears that the coin may have been cleaned at some point. It's my experience that Canadian/British standards of grading are more strict than American standards.

BTW 7.5 million were made. That makes it only slightly more common than a 1922-D Lincoln and slightly rarer than a 1923-S!

Hope this helps.

[Bob P]

Thanks to all of you for your replies, and the excellent information you sent. As far as whether or not this should be in the foreign coins area, I chose new finds because that's what it was...a new find in a bag of bulk wheats. It seems people here in the forum are more apt to read this thread than a forein coin thread...but Robert, you are correct, it does belong there.
Either way, everything you folks have offered as information is very well received, and I certainly have learned a lot from it. It started out as the first 'old' Canadian coin I had ever seen, but it was in very nice condition, and I found it in the most unlikely place! However, since I don't collect foreign coins, I will just slip it in a flip or something and put it away.
By the way, the coin has not been cleaned. It is the lighting that gives it the colors that show on the pics.
Once again folks, thanks for the info. You folks have certainly returned the favor and taught me a lot.