All You Need To Know About 1936 Dot Canadian Penny

What is the significance of the 1936 dot Canadian penny? The 1936 dot Canadian penny is a rare and valuable coin that was produced by the Royal Canadian Mint for only one year.

The coin is made of copper-plated steel and features a raised dot on the reverse, just below the maple leaf. This dot was added to the design to help distinguish the 1936 penny from the 1935 penny, which did not have a dot. The 1936 penny was also the last year that Canadian pennies were made of copper-plated steel. In 1937, the composition of the penny was changed to bronze.

The 1936 dot Canadian penny is a popular coin among collectors and is often sold for a premium. The value of the coin can vary depending on its condition and rarity. A well-preserved 1936 dot Canadian penny can be worth hundreds of dollars.

In addition to its numismatic value, the 1936 dot Canadian penny also has historical significance. The coin was produced during the Great Depression, a time of economic hardship for many Canadians. The fact that the Royal Canadian Mint was able to produce a new coin design during this time is a testament to the resilience of the Canadian people.

The 1936 dot Canadian penny is a reminder of a challenging time in Canadian history. It is also a valuable coin that is prized by collectors around the world.

1936 Dot Canadian Penny

The 1936 dot Canadian penny is a numismatic treasure that holds historical significance and collector value. Here are eight key aspects that encapsulate its essence:

• Year: 1936
• Country: Canada
• Denomination: 1 cent
• Composition: Copper-plated steel
• Distinctive Feature: Raised dot on reverse
• Designer: George E. Kruger Gray
• Mintage: 34,205,600
• Value: Varies depending on condition and rarity

The raised dot on the reverse distinguishes the 1936 penny from its 1935 counterpart. This subtle yet crucial feature enhances its as a distinct issue. The copper-plated steel composition, introduced during the Great Depression, reflects the economic challenges of the time. George E. Kruger Gray's design captures the essence of Canadian iconography, featuring a maple leaf and the effigy of King George V.

The 1936 dot Canadian penny serves as a testament to Canada's resilience during the Great Depression and remains a prized collectible for numismatists. Its historical context, unique design elements, and relative scarcity contribute to its enduring appeal.

1. Year

The year 1936 holds immense significance in understanding the 1936 dot Canadian penny. It was a time of global economic turmoil, with the Great Depression casting its shadow over many nations, including Canada. Amidst these challenges, the Royal Canadian Mint produced a new penny design that would become a numismatic treasure.

The decision to introduce the dot on the reverse of the 1936 penny was a deliberate one, aimed at distinguishing it from the previous year's issue. This simple yet effective modification ensured that the new coin could be easily identified and prevented confusion in circulation. Moreover, the year 1936 marked the last year that Canadian pennies were made of copper-plated steel, adding to the coin's historical significance.

The 1936 dot Canadian penny stands as a testament to the resilience of the Canadian people during a challenging economic period. It is a reminder of the importance of innovation and adaptation in the face of adversity. Today, the coin is a prized collectible, valued for its historical context and distinctive design.

2. Country

The connection between "Country: Canada" and "1936 dot Canadian penny" is deeply intertwined and multifaceted. The country of origin plays a pivotal role in understanding the coin's significance, historical context, and numismatic value.

The 1936 dot Canadian penny was produced by the Royal Canadian Mint, the official minting institution of Canada. The Royal Canadian Mint is responsible for producing all of Canada's circulation coins, as well as commemorative coins and collector sets. The fact that the 1936 dot Canadian penny was produced in Canada is a testament to the country's rich history of coin production and its commitment to creating high-quality coinage.

The 1936 dot Canadian penny is a symbol of Canadian heritage and national identity. The maple leaf, featured prominently on the reverse of the coin, is a universally recognized symbol of Canada. The effigy of King George V on the obverse of the coin is a reminder of Canada's historical ties to the British monarchy. The 1936 dot Canadian penny is a tangible link to Canada's past and a reminder of the country's journey to becoming a modern nation.

Understanding the connection between "Country: Canada" and "1936 dot Canadian penny" is essential for appreciating the coin's historical, cultural, and numismatic significance. This understanding allows collectors and enthusiasts to delve deeper into the story behind the coin and to appreciate the unique role it plays in Canadian history.

3. Denomination

The denomination of a coin refers to its face value, which indicates its worth in monetary terms. In the case of the 1936 dot Canadian penny, the denomination of 1 cent signifies its value as one hundredth of a Canadian dollar. This denomination played a crucial role in the coin's circulation and everyday use.

As a 1-cent coin, the 1936 dot Canadian penny was intended for low-value transactions. It was commonly used for purchasing small goods, such as newspapers, candies, and other inexpensive items. Its small denomination made it suitable for everyday transactions and allowed for precise change to be given. Moreover, the coin's relatively low value encouraged its wide circulation, ensuring its availability for daily purchases.

Understanding the denomination of the 1936 dot Canadian penny is essential for comprehending its practical significance. It sheds light on the coin's intended use, its role in facilitating everyday transactions, and its place within the Canadian monetary system. This understanding helps collectors and enthusiasts appreciate the coin's historical context and its function as a medium of exchange.

4. Composition

The composition of a coin plays a crucial role in determining its physical properties, durability, and value. In the case of the 1936 dot Canadian penny, its composition of copper-plated steel significantly influenced its characteristics and contributed to its historical significance.

The use of copper-plated steel in the production of the 1936 dot Canadian penny was a departure from the traditional bronze composition used in Canadian pennies prior to 1936. This change was primarily driven by the need for cost-saving measures during the Great Depression, which had a severe impact on Canada's economy. Copper-plated steel was a more affordable alternative to bronze, allowing the Royal Canadian Mint to continue producing pennies without significantly increasing production costs.

The composition of the 1936 dot Canadian penny affected its physical properties. Copper-plated steel is harder and more durable than bronze, resulting in a coin that was more resistant to wear and tear. This enhanced durability contributed to the coin's longevity and ensured its continued circulation for many years.

Understanding the composition of the 1936 dot Canadian penny is essential for appreciating its historical context and numismatic value. The use of copper-plated steel reflects the economic challenges of the Great Depression and demonstrates the Royal Canadian Mint's adaptability in the face of adversity. Moreover, the unique composition of the coin distinguishes it from other Canadian pennies, adding to its collectability and value among numismatists.

5. Distinctive Feature

The distinctive raised dot on the reverse of the 1936 Canadian penny is a defining characteristic that sets it apart from other Canadian pennies and significantly contributes to its numismatic value.

• Identification and Origin: The raised dot was intentionally added to the design of the 1936 penny to distinguish it from the 1935 penny, which did not have this feature. This modification was made to prevent confusion in circulation and to facilitate easy identification.
• Rarity and Collectibility: The 1936 dot penny is a relatively scarce coin compared to other Canadian pennies, making it a sought-after item among collectors. Its unique design element and historical significance enhance its collectability and value.
• Historical Context: The introduction of the raised dot on the 1936 penny coincided with the Great Depression, a period of economic hardship in Canada. The Royal Canadian Mint's decision to modify the penny's design during this time demonstrates the resilience and adaptability of the institution.
• Design and Symbolism: The raised dot on the 1936 penny is a subtle yet effective design element that adds visual interest to the coin. It complements the overall design, which features a maple leaf and the effigy of King George V.

In conclusion, the raised dot on the reverse of the 1936 Canadian penny is a distinctive feature that contributes to its identification, rarity, historical significance, and overall design. It is a defining characteristic that sets this coin apart and makes it a valuable and collectible piece.

6. Designer

The connection between "Designer: George E. Kruger Gray" and "1936 dot Canadian penny" is significant, as George E. Kruger Gray was the Chief Engraver of the Royal Canadian Mint from 1908 to 1936 and was responsible for designing the 1936 dot Canadian penny.

As the Chief Engraver, George E. Kruger Gray played a crucial role in the design and production of Canadian coinage. He was responsible for creating the master dies used to strike the coins, ensuring their quality and consistency. His artistic vision and technical expertise are evident in the design of the 1936 dot Canadian penny, which features a maple leaf and the effigy of King George V.

The raised dot on the reverse of the 1936 penny is a unique design element that distinguishes it from other Canadian pennies. This subtle yet effective modification was introduced to prevent confusion with the 1935 penny, which did not have the dot. The addition of the dot demonstrates George E. Kruger Gray's attention to detail and his commitment to creating distinctive and easily identifiable coinage.

Understanding the connection between "Designer: George E. Kruger Gray" and "1936 dot Canadian penny" is essential for appreciating the coin's historical and artistic significance. George E. Kruger Gray's contributions to Canadian numismatics are undeniable, and the 1936 dot Canadian penny stands as a testament to his skill and dedication.

7. Mintage

The mintage of a coin refers to the number of pieces produced during a specific production period. In the case of the 1936 dot Canadian penny, the mintage of 34,205,600 provides valuable insights into its historical context and significance.

• Production and Circulation: The mintage of 34,205,600 indicates a substantial production run, suggesting that the 1936 dot Canadian penny was intended for wide circulation. This large mintage ensured that the coin was readily available for everyday transactions and became a familiar part of Canadian currency at the time.
• Economic Context: The mintage of the 1936 dot Canadian penny coincided with the Great Depression, a period of severe economic hardship in Canada and worldwide. Despite the challenging economic conditions, the Royal Canadian Mint maintained a significant mintage, demonstrating the government's commitment to providing a stable and reliable currency.
• Rarity and Value: While the mintage of 34,205,600 may initially suggest a common coin, the survival rate and condition of these pennies vary greatly. Today, well-preserved specimens are considered relatively scarce, contributing to the coin's numismatic value and desirability among collectors.
• Historical Significance: The mintage of the 1936 dot Canadian penny reflects the resilience and adaptability of the Royal Canadian Mint during a challenging period. Despite economic difficulties, the Mint continued to produce high-quality coinage, ensuring the smooth functioning of the Canadian monetary system.

In conclusion, the mintage of 34,205,600 for the 1936 dot Canadian penny offers a glimpse into the coin's historical context, production, and significance. It highlights the Royal Canadian Mint's commitment to providing a stable currency during the Great Depression and contributes to the coin's rarity and value among collectors today.

8. Value

The value of a coin is influenced by a combination of factors, with condition and rarity playing significant roles. In the case of the 1936 dot Canadian penny, understanding this connection is crucial for collectors and enthusiasts.

The condition of a coin refers to its physical state and preservation. Factors such as wear, scratches, and corrosion can affect a coin's condition and, subsequently, its value. A well-preserved coin with minimal signs of wear will generally command a higher value than a coin that is heavily worn or damaged.

Rarity is another important determinant of a coin's value. The mintage of a coin and its survival rate influence its rarity. The 1936 dot Canadian penny, with a mintage of 34,205,600, is considered relatively scarce compared to other Canadian pennies. However, the survival rate of these pennies varies, with well-preserved specimens being more difficult to find and, therefore, more valuable.

The combination of condition and rarity plays a crucial role in determining the value of a 1936 dot Canadian penny. Collectors and enthusiasts often refer to grading services to assess a coin's condition and authenticity, which can significantly impact its value. Understanding the relationship between condition, rarity, and value is essential for informed decision-making in the coin collecting market.

In summary, the value of a 1936 dot Canadian penny is not fixed but rather varies depending on its condition and rarity. Collectors should consider these factors when buying, selling, or valuing this coin.

FAQs on the 1936 Dot Canadian Penny

This section addresses frequently asked questions and misconceptions surrounding the 1936 dot Canadian penny, providing informative answers to enhance understanding.

Question 1: What is the significance of the raised dot on the 1936 Canadian penny?

The raised dot serves as a distinguishing feature that sets the 1936 penny apart from the 1935 issue. Its purpose is to facilitate easy identification and prevent confusion during circulation.

Question 2: Why was copper-plated steel used in the production of the 1936 penny?

The use of copper-plated steel was primarily driven by cost-saving measures during the Great Depression. It provided an affordable alternative to traditional bronze, allowing the Royal Canadian Mint to continue producing pennies without significantly increasing production costs.

Question 3: How does the mintage of 34,205,600 influence the value of the 1936 dot penny?

While the high mintage suggests a common coin, the survival rate and condition of these pennies vary. Well-preserved specimens are relatively scarce, contributing to the coin's numismatic value and desirability among collectors.

Question 4: What factors determine the value of a 1936 dot Canadian penny?

The value of the coin is primarily influenced by two key factors: condition and rarity. The condition refers to the physical state of the coin, while rarity is determined by its mintage and survival rate. Collectors often rely on grading services to assess the condition and authenticity of pennies, which can significantly impact their value.

Question 5: Is it possible to find a 1936 dot Canadian penny in circulation today?

While it is unlikely to find one in everyday circulation, these pennies can occasionally surface in bank rolls or coin collections. However, due to their age and collector value, most 1936 dot pennies are preserved in collections or sold by coin dealers.

Summary: The 1936 dot Canadian penny holds historical significance and collector value due to its distinctive features, production context, and varying condition and rarity. Understanding these aspects is crucial for coin enthusiasts and collectors to fully appreciate and value this numismatic treasure.

Transition to the next article section: This concludes our exploration of the 1936 dot Canadian penny. We encourage further research and exploration to delve deeper into the fascinating world of numismatics and the rich history behind each coin.

Conclusion

The 1936 dot Canadian penny stands as a testament to Canada's resilience and adaptability during a challenging economic period. Its unique design, historical significance, and varying condition and rarity make it a prized collectible among numismatists.

Understanding the intricacies of this coin not only enriches our knowledge of Canadian history but also provides insights into the art of coin production and the factors that influence numismatic value. The 1936 dot Canadian penny serves as a tangible reminder of the past and a valuable asset for collectors and enthusiasts.

As we delve deeper into the world of numismatics, we discover the intriguing stories and historical significance hidden within each coin. The 1936 dot Canadian penny is a testament to this, inviting us to explore the rich tapestry of our heritage through the lens of these fascinating artifacts.