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The Newfoundland 5 cents 1943C KM#19 XF silver coin holds a significant place in Canadian numismatic history, struck in 1943 during a time of global conflict and economic uncertainty. This coin's design, composition, minting history, mintage, and condition provide valuable insights into Newfoundland's contribution to the war effort and its economic landscape during World War II.
Designed by Thomas Shingles, a Canadian artist, the obverse of the coin features a crowned portrait 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 a caribou, a symbol of Newfoundland, standing on a rocky outcrop. The denomination "5 CENTS" is inscribed above the caribou, while the date "1943" is displayed below. This design reflects Newfoundland's unique identity and natural heritage.
Graded as XF, or Extremely Fine, this coin is in remarkable condition with only minimal wear visible upon close examination. XF coins typically retain much of their original detail and luster, with only slight wear on the highest points of the design.
The Newfoundland 5 cents 1943C KM#19 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 World War II, coins like the Newfoundland 5 cents were essential for everyday transactions, serving as a medium of exchange for goods and services. While not packaged in any specialized manner for distribution, these coins circulated alongside other denominations in daily transactions.
The coin was minted at the Royal Canadian Mint in Ottawa, Ontario, which supplied coinage for Newfoundland during this period. Mintages for the 1943C issue of the Newfoundland 5 cents coin were likely substantial due to the increased demand for circulating currency during wartime.
Exact mintage figures for the 1943C Newfoundland 5 cents coin are not readily available, but they are presumed to be significant to meet the needs of Newfoundland's population and economy during the war. Despite their higher mintage, examples of this coin in XF condition remain highly desirable among collectors due to their historical significance and relative rarity in the numismatic market.
In summary, the Newfoundland 5 cents 1943C KM#19 XF silver coin serves as a poignant reminder of Newfoundland's role during World War II and its contribution to the war effort. With its distinguished design, exceptional condition, silver composition, and association with a pivotal period in history, it represents a valuable addition to any numismatic collection. Whether as a standalone piece or part of a broader collection, this coin offers a tangible connection to Newfoundland's past and its enduring legacy.