Canadian Penny May Bring $250,000 US At Auction

The legendary Pittman-Krause     1936 Canadian Dot Cent, the most famous coin in Canadian  numismatics and one of just three known — and indeed one of the most famous  coins in the world — is expected to bring more than $250,000 when it  crosses the auction block as the feature lot in Heritage Auctions’ April 18-23 CICF World &     Ancient Coins Signature® Auction at the Crowne Plaza Hotel in  Rosemont, IL.

“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.”

The George V 1936 Dot Cent,     KM28, MS63 Red PCGS, Ex: John Jay Pittman Collection, as it is known by its full name, is far and away the most famous of the three known Dot cents, having been stolen from the Pittman home in 1964 and later returned (with scratches in the right obverse field) in an envelope with other coins.

 

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While the Dot Cent is the star of the auction, collectors will find international numismatic treasures from all over the world, and from across the epochs, to satisfy most every collecting taste.

“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. From Goetz medal dies, to Ancients, European, Latin America and  beyond, this auction offers more than 5,800 lots that will appeal to every  taste in the hobby.”

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This auction is open for bidding now at www.HA.com/coins.

 

 

 

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