1921 50 Cents “King of Coins” to auction

1921 Canada 50 Cents

RCNA auction to feature ‘King’ of Canadian coins says the front page of Canadian Coin News this week. The “King” of Canadian coins – a 1921 50 cent piece, graded ICCS MS65 – will take pride of place at the Royal Canadian Numismatic Association’s 2017 auction, to be held July 20-22 2017 in Boucherville, Quebec. In February 2015 CCN reported that 1921 50 Cents coin had sold at auction for $220,000 What will it fetch this time do you think ? and here is King George V (although from a 50 cents with a different date )    

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“The King Of Canadian Coins”

“The tale begins in 1870, when the 50 cent coin was first introduced in Canada. 450,000 coins were struck that first year, but demand for this denomination varied widely afterwards, with some years having no coins produced at all.In 1920, the Canadian government officially reduced the silver content of our coins from 92.5% to only 80%. This worsened the situation for the 50 cent denomination, which was already unpopular, and demand for the coins fell dramatically. So much so that of the 200,000+ 50 cents struck in 1921, virtually all of them remained in storage at the mint. Demand for…

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