1941 newfoundland nickel

COINAHOLICS AUTONOMOUS
9 Feb 202311:14
EducationalLearning
32 Likes 10 Comments

TLDRThe video discusses the rare 1941 five-cent coin from Newfoundland, highlighting its historical significance as a pre-Confederation currency. The coin's specifications, including its thickness, diameter, metal composition, and mintage, are detailed. The video also covers the coin's grading and value, with a notable sale in 2017 for a mint state 66 coin at $352.50. The designer's name, Percy Metcalf and George d-e-s-a-u-l-l-e-s, is mentioned. The coin's obverse and reverse designs are described, with comments on the toning and preservation of two specific examples shown in the video. The video concludes with a call to like, subscribe, and engage for more content on coin collecting.

Takeaways
  • 🗺️ The 1941 five cent piece is a rare coin from Newfoundland, which had its own currency before joining the Canadian Confederation.
  • 🏅 The coin is one of the smallest in existence with a thickness of 0.93mm, diameter of 15.49mm, and made of sterling silver (92.5% silver, 7.5% copper).
  • 📈 The mintage of this coin was very low, with only 612,641 coins produced.
  • 💰 The highest sale of this coin was in 2017 at Heritage auction house for $352.50, a mint state 66 from PCGS.
  • 🏆 The highest grade achieved for this coin is a mint state 67, with two such coins known, but their value is speculative due to their rarity.
  • 🎨 The coin's designer is Percy Metcalf and George d-e-s-a-u-l-l-e-s, possibly of Aboriginal origin.
  • 🔖 The obverse of the coin features King George VI and the reverse has the Newfoundland coat of arms with 'Newfoundland' and 'Five Cents 1941' inscribed.
  • 🌈 The coin can exhibit toning, which affects its appearance and potentially its grading.
  • 📊 The value of the coin can vary significantly based on its condition and grade.
  • 📈 The coin's rarity and historical significance contribute to its collectible value.
  • 📢 The speaker encourages viewers to like, subscribe, and comment if they have any of these coins to discuss further.
Q & A

  • What is the main topic of the video?

    -The main topic of the video is the 1941 five cent piece from Newfoundland.

  • How is the 1941 Newfoundland five cent piece significant in the context of Canadian history?

    -The 1941 Newfoundland five cent piece is significant because it represents a time when Newfoundland had its own currency before joining the Canadian Confederation.

  • What are the dimensions and metal composition of the 1941 Newfoundland five cent piece?

    -The coin has a thickness of 0.93 millimeters, a diameter of 15.49 millimeters, and is made of sterling silver (92.5% silver and 7.5% copper).

  • What is the mintage of the 1941 Newfoundland five cent piece?

    -The mintage of the coin is low, with only 612,641 coins produced.

  • What are the highest and lowest grades for the 1941 Newfoundland five cent piece?

    -The highest grade is Mint State 67, with two coins graded at this level, and the lowest grade mentioned is Mint State 65.

  • What was the highest sale price for the 1941 Newfoundland five cent piece?

    -The highest sale price was $353.50, achieved in a 2017 Heritage auction for a coin graded Mint State 66 by PCGS.

  • Who designed the 1941 Newfoundland five cent piece?

    -The coin was designed by Percy Metcalf and George Desaulles.

  • What does the obverse side of the coin feature?

    -The obverse side features King George VI, with the inscription 'George VI D:G:R:' and 'Gracia Rex' (by the grace of God, King), and 'Emperor of India'.

  • What does the reverse side of the coin depict?

    -The reverse side depicts the word 'Newfoundland', the denomination 'Five Cents', the year '1941', and a ribbon encircling the inscriptions.

  • How does toning affect the appearance and value of the 1941 Newfoundland five cent piece?

    -Toning can change the color of the coin and potentially obscure some details, but it does not necessarily decrease the value. In some cases, coins with attractive toning can be more desirable to collectors.

  • What advice does the speaker give to viewers regarding coin collecting?

    -The speaker encourages viewers to like, subscribe, and hit the Bell icon for updates on future videos, and to share their own experiences with the coin if they have one.

Outlines
00:00
🪙 Introduction to the 1941 Newfoundland Five Cent Piece

The video begins with a warm welcome and introduces the topic: the 1941 five cent coin from Newfoundland. The host explains the historical context of Newfoundland's currency before joining the Canadian Confederation, highlighting its unique monetary history. The coin's specifications are detailed, including its dimensions, metal composition, weight, and mintage figures. The video also discusses the coin's rarity, with a low mintage of 612,641, and its market value, with a notable sale at Heritage Auction House for $352.50 for a Mint State 66 coin. The highest grade achieved is Mint State 67, with only two such coins known.

05:01
🎨 Coin Design and Toning Process

The second paragraph delves into the design of the 1941 Newfoundland five cent piece, crediting the designers Percy Metcalf and George deSaulles. The host describes the coin's obverse and reverse, noting the inscriptions and the year '1941.' The discussion includes the coin's toning process, with one coin beginning to tone and the other fully toned, affecting its appearance and potentially its value. The host comments on the coin's condition, mentioning the absence of significant wear and the preservation of key details like the crown and ear on the obverse side.

10:03
📈 Coin Rarity and Viewer Engagement

The final paragraph emphasizes the rarity of the highest-grade 1941 Newfoundland five cent pieces, speculating on their potential value, which could reach four or even five figures. The host invites viewers to engage with the content by liking, subscribing, and commenting, especially if they own one of these coins. The video concludes with a reminder to enjoy the coin collecting journey and a teaser for the next video, which will feature three high-grade examples of the 1943 steel United States one cent coin.

Mindmap
Keywords
💡Coinaholics
Coinaholics refers to a group or community of individuals who are passionate about collecting and studying coins. In the context of the video, it is likely the name of the channel or show that is focusing on the discussion and analysis of coins, specifically the 1941 five cent piece from Newfoundland.
💡1941 Five Cent Piece
The 1941 Five Cent Piece is a specific coin that was minted in Newfoundland before it became a part of Canada. It is notable for its rarity and historical significance, as it represents a time when Newfoundland had its own currency before joining the Canadian Confederation.
💡Newfoundland
Newfoundland is a large Canadian island province that was a separate dominion with its own currency until it joined the Canadian Confederation in 1949. The 1941 five cent piece is a remnant of this period, making it a unique piece of numismatic history.
💡Sterling Silver
Sterling silver is a high-quality alloy of silver containing 92.5% by mass of silver and 7.5% by mass of other metals, usually copper. In the context of the 1941 Newfoundland five cent piece, it refers to the metal composition of the coin, which contributes to its value and collectibility.
💡Mintage
Mintage refers to the total number of coins that are produced by a mint for a particular design or issue. In the case of the 1941 Newfoundland five cent piece, its low mintage of 612,641 coins contributes to its rarity and high value among collectors.
💡Toning
Toning in numismatics refers to the color change that occurs on the surface of a coin over time due to oxidation. This can enhance the aesthetic appeal of a coin and sometimes increase its value, depending on the collector's preference. The 1941 Newfoundland five cent piece is described as having different levels of toning, which affects its appearance and potentially its value.
💡Heritage Auction
Heritage Auction is a well-known auction house that specializes in the sale of rare coins, among other collectibles. In the context of the video, it is mentioned as the venue where one of the highest-grade 1941 Newfoundland five cent pieces was sold, setting a record for the coin's value.
💡PCGS
PCGS, or Professional Coin Grading Service, is a third-party grading company that assesses the condition and authenticity of coins. The grades given by PCGS are highly respected in the numismatic community and can significantly influence a coin's market value. The 1941 Newfoundland five cent piece's grade, such as MS 66 or MS 67, is mentioned in the video as a key factor in determining its worth.
💡Percy Metcalf
Percy Metcalf was a designer of coins and medals. In the context of the video, he is credited as the designer of the 1941 Newfoundland five cent piece, which adds to the historical and artistic value of the coin.
💡George VI
George VI was the King of the United Kingdom and the Dominions of the British Commonwealth from 1936 until his death in 1952. His reign included the period when the 1941 Newfoundland five cent piece was minted. The obverse of the coin features his portrait, signifying the coin's connection to the British monarchy and the time of his rule.
💡Numismatics
Numismatics is the study or collection of currency, including coins and paper money, from a historical, artistic, or financial perspective. The video is an example of numismatic content, as it discusses the history, design, and value of a specific coin, the 1941 Newfoundland five cent piece.
Highlights

Introduction to the 1941 Newfoundland five cent piece, a rare coin with a unique history.

Newfoundland had its own currency before joining the Canadian Confederation, unlike other Maritime Provinces.

The 1941 five cent piece is one of the smallest coins in existence with a thickness of 0.93 millimeters.

The coin has a diameter of 15.49 millimeters and is made of sterling silver (92.5% silver, 7.5% copper).

The mintage of the 1941 Newfoundland five cent piece was very low, at only 612,641 coins.

The highest grade coin sold at auction was a mint state 66, fetching $352.50 in 2017.

There are 14 coins graded at mint state 65, valued at $132 each, and four coins graded at mint state 66.

The highest grade possible for this coin is mint state 67, with two such coins known but never sold.

The designer of the coin was Percy Metcalf and George a, with a possible Aboriginal name.

The obverse of the coin features King George VI, described as 'Gracia Rex' and 'Emperor of India'.

The reverse of the coin includes the word 'Newfoundland', 'five cents', '1941', and a surrounding ribbon.

The coin's toning process is discussed, with one coin partially toned and another fully toned.

The condition of the coins is analyzed, with attention to the preservation of details like the crown and ear.

The impact of toning on the perception of the coin's quality is discussed, with patches affecting visibility.

The video includes a comparison of three high-grade examples of the coin, showcasing their condition and toning.

The host invites viewers to like, subscribe, and hit the Bell icon for updates on future videos.

A call to action for viewers who own one of these coins to engage in discussion in the comments section.

The video concludes with a reminder to enjoy the coin search and a farewell from the host.

Transcripts

Browse More Related Video

1984 p usa 1 cent

A Quick Look at a 1907 Edward VII Penny

British - King Edward VII - 1908 - One Penny - Bronze - Circulated - Coin World UK

1945 CANADA 5 CENT COIN

Your 1937 Penny Worth Millions | Rare Penny Coins Worth a lot of Money - Pennies worth money

100 Year Old UK One Penny - 1921 George V - United Kingdom Coin - Great Britain - QEII Grandfather

Rate This

5.0 / 5 (0 votes)

Thanks for rating:

Related Tags
RareCoinsNewfoundlandCurrencyCoinCollecting1941FiveCentSterlingSilverLowMintageToningProcessHeritageAuctionPercyMetcalfGeorgeVI