-
Inventory:
1 In Stock
- Product ID: 40689
Checkout
The Newfoundland 1 Cent 1947 KM#18 XF coin holds a special place in the numismatic history of Newfoundland, representing the island province's final issue of its own currency before joining the Canadian Confederation in 1949. Struck in 1947, this coin serves as a tangible reminder of Newfoundland's unique status as a British colony.
On the obverse of the coin is a portrait of King George VI, the reigning monarch at the time of minting. His effigy is surrounded by the inscription "GEORGIVS VI D:G:REX ET IND:IMP:," which translates to "King George VI, King by the Grace of God, King of the United Kingdom and Emperor of India." This inscription reflects Newfoundland's allegiance to the British Crown and its status as a British possession.
The reverse design features a simple yet elegant composition, with the denomination "1 CENT" inscribed within a wreath of maple leaves. Below the wreath is the year of minting, "1947." The maple leaves are a nod to Canada, foreshadowing Newfoundland's eventual union with the Canadian Confederation in 1949.
Graded as XF (Extremely Fine), this Newfoundland 1 Cent 1947 KM#18 coin exhibits minimal wear, with most of the original detailing and luster preserved. While there may be some slight signs of circulation, such as minor friction on the high points of the design, the overall appearance is still highly attractive.
The exact mintage figures for the Newfoundland 1 Cent 1947 KM#18 coin are not readily available, but it would have been struck in sufficient quantities to meet the demand for small denomination currency in Newfoundland at the time. As a circulating coin, it would have been used in everyday transactions by the residents of Newfoundland.
Unlike modern coins, the Newfoundland 1 Cent 1947 KM#18 coin would not have been packaged in presentation cases or boxes upon release. Instead, it would have been distributed through banks, post offices, and other channels of commerce, where it would enter circulation and fulfill its role as a medium of exchange.
In conclusion, the Newfoundland 1 Cent 1947 KM#18 XF coin represents a significant chapter in the history of Newfoundland's currency and its eventual integration into the Canadian Confederation. Its elegant design, combined with its excellent condition and historical significance, makes it a valuable addition to any collection of Canadian and Newfoundland coinage.