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The Newfoundland 10 cents 1946C KM#20a XF silver coin is a significant piece of Canadian numismatic history, minted in 1946 as one of the final releases of Newfoundland's currency before joining the Canadian Confederation in 1949. This coin's design, composition, minting history, mintage, and condition provide insights into the economic and cultural landscape of Newfoundland during the post-World War II era.
Designed by Thomas Humphrey Paget, 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:" which translates 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 "1946" placed below the wreath. This design symbolizes Newfoundland's natural resources, particularly its forestry industry, reflecting the province's economic activities and heritage.
This coin is graded as XF, or Extremely Fine, indicating that it is in excellent condition with minimal wear visible under close examination. XF coins typically exhibit slight wear on the highest points of the design, with most of the original detail and luster preserved.
The Newfoundland 10 cents 1946C KM#20a XF silver coin is composed of 80% silver and 20% copper, giving it a distinct silver appearance. Its silver composition adds to its appeal as a collectible item and contributes to its intrinsic value.
During the post-World War II period, coins like the Newfoundland 10 cents continued to be essential 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 1946 issue of the Newfoundland 10 cents coin were relatively high compared to earlier years, reflecting the continued demand for small-denomination coins.
Exact mintage figures for the 1946 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 XF condition remain sought after by collectors due to their historical significance and relatively excellent condition.
In summary, the Newfoundland 10 cents 1946C KM#20a XF silver coin is a prized artifact of Canadian numismatic history. Its elegant design, excellent 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.