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Canada’s dot cent in CICF sale

 

heritage170Canadian collectors will have the opportunity to bid on one of that country’s classic rarities at the Heritage Auctions’ Chicago International Coin Fair Signature® Auction April 18-23 at the Crowne Plaza hotel in Rosemont, Ill.

The Dallas firm says it expects the legendary Pittman-Krause 1936 Canadian dot cent, the most famous coin in Canadian numismatics and one of just three known, to bring more than $250,000.

“We presented the Pittman-Krause dot cent nine years ago and are now ready to help write a new chapter for this famous coin,” said Warren Tucker, vice president of world coins at Heritage.

“It’s being offered as part of the excellent Nikita Collection of Canadian coins, where it went after Heritage auctioned it off from the Chet Krause Collection in 2004,” Tucker said.

A grand overview of the coins of Canada while providing the greatest value of any guide on the market.

A grand overview of the coins of Canada while providing the greatest value of any guide on the market.

The George V 1936 dot cent is graded MS-63 Red by the Professional Coin Grading Service.

The tiny dot below the date indicates it was struck in 1937 though George V died in 1936. Some 678,823 were minted, but only three survive. The rest were not released and were melted.

It became the most famous of the three known dot cents when it was stolen from the John Jay Pittman home in 1964 and later returned (with scratches in the right obverse field) in an envelope with other coins.

Pittman was elected president of the American Numismatic Association in 1971 and simultaneously held the post as president of the Canadian Numismatic Association.

Chet Krause founded Numismatic News in 1952.

More than 5,800 lots, ancients to modern, will go on the block in the Heritage auction.

“Our CICF auction has become quite an extraordinary event, with a broad range of numismatic interests, in a relatively short amount of time,” said Cristiano Bierrenbach, vice president of international numismatics at Heritage, “due to the hard work of the team at Heritage, the foresight of our consignors and the enthusiasm of collectors.”

For more information, visit www.HA.com.

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