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 Copper Penny Bullion Investing
 1941 Newfoundland penny
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TXTim
Penny Hoarding Member


629 Posts

Posted - 06/06/2009 :  22:15:05  Show Profile Send TXTim a Private Message
Found one today.
Must have been a snowbird that decided to stay!
What is the history on Newfy coins??

Beer is my currency.

jadedragon
Administrator



Canada
3788 Posts

Posted - 06/06/2009 :  23:28:06  Show Profile Send jadedragon a Private Message
Newfoundland started decimal currency in 1865 and continued until 1947. Newfoundland joined Canada as the 10th Province in 1949.

Pennies are all 95-95.5% Copper.
A $2 Gold dime sized Coin was issued on and off from 1865-1888 - the only gold coin issued by an English Colony.
All the other coins issued by Newfoundland are 925 sterling.

Newfoundland switched to small cents in 1938. The first year the coins were struck in England. After that they were struck in Ottawa Canada because of the danger of loss of ships on the Atlantic during WWII.

The reverse features insectivorous pincher plant which grows on the island. All the other Newfoundland coins feature text, wreaths, and other simple designs.

Your 1941 lists in my 2008 guide for $0.50 in G-4 to $10.00 in AU-50. $40-$300 in MS-60 and MS63. Mintage 828,000

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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TXTim
Penny Hoarding Member



629 Posts

Posted - 06/07/2009 :  11:20:51  Show Profile Send TXTim a Private Message
Thanks Jade!
I wondered what kind of plant that was on the reverse.
This coin is definitely AU.

Beer is my currency.
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psi
Penny Collector Member



Canada
399 Posts

Posted - 06/08/2009 :  05:20:43  Show Profile Send psi a Private Message
I've got a couple newfie silvers from my dealer's junk bin that I think are pretty neat. I had no idea there was a pitcher plant on the pennies though, the dime and half I have just have the same curlicue design. I've come across those plants in the wild in northern and southern ontario and standing in a huge patch of them is a crazy experience. They're like something from another planet.

The newfie $2 gold coins seem interesting too, some have very very low mintages.
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