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The Newfoundland 10 cents 1945C KM#20 AU silver coin holds a significant place in Canadian numismatic history. Struck in 1945, it represents one of the final releases of Newfoundland's currency before the province joined the Canadian Confederation in 1949. This coin's design, composition, minting history, mintage, and condition offer valuable insights into the economic and cultural context of Newfoundland during World War II.
Designed by Thomas Humphrey Paget, an esteemed English medal and coin designer, the obverse of the coin features the bust of King George VI facing left, encircled by the inscription "GEORGIVS VI D:G:REX ET IND:IMP:" translating to "George VI, by the Grace of God, King and Emperor of India."
The reverse of the coin displays the denomination "10 CENTS" surrounded by a wreath of Newfoundland pine cones and sprigs, with the date "1945" placed below the wreath. This design symbolizes Newfoundland's natural resources, particularly its forestry industry, reflecting the province's economic activities and heritage.
This particular coin is graded as AU, or About Uncirculated, indicating that it is in superb condition with only minimal signs of wear visible under close examination. Coins in AU condition have most of their original detail and luster preserved, with only slight wear on the highest points of the design.
The Newfoundland 10 cents 1945C KM#20 AU silver coin is crafted from 80% silver and 20% copper, giving it a distinct silver appearance. Its silver composition adds to its allure as a collectible item and contributes to its intrinsic value.
During World War II, coins like the Newfoundland 10 cents were indispensable for everyday transactions, serving as a medium of exchange for goods and services. Although not packaged in any specialized manner for distribution, these coins would have circulated alongside other denominations in daily transactions.
The coin was minted at the Royal Mint in London, England, which produced coinage for Newfoundland during this period. Mintages for the 1945 issue of the Newfoundland 10 cents coin were relatively high compared to earlier years, reflecting the ongoing demand for small-denomination coins during wartime.
Exact mintage figures for the 1945 Newfoundland 10 cents coin vary, but they are generally higher compared to earlier years of production. Despite their higher mintage, examples of this coin in AU condition remain sought after by collectors due to their historical significance and relatively excellent condition.
In summary, the Newfoundland 10 cents 1945C KM#20 AU silver coin is a prized artifact of Canadian numismatic history. Its elegant design, superb condition, silver composition, and association with Newfoundland's pre-Confederation currency make it a coveted addition to any numismatic collection. Whether as a standalone piece or part of a broader collection, this coin offers a tangible link to Newfoundland's past and its eventual integration into the Canadian federation.