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The Newfoundland 50 cents 1911 KM#12 VG silver coin is a significant piece of Canadian numismatic history, struck in 1911 during a pivotal period for the province. This coin's design, composition, minting history, mintage, and condition offer valuable insights into Newfoundland's economic and cultural landscape in the early 20th century.
Designed by W.H.J. Blakemore, a British medalist, the obverse of the coin features a crowned portrait of King George V facing left, encircled by the inscription "GEORGIVS V REX ET IND: IMP:" which translates to "George V, King and Emperor of India."
The reverse of the coin displays the denomination "50 CENTS" surrounded by a laurel wreath, with the date "1911" inscribed below the wreath. This design symbolizes victory and honor, reflecting Newfoundland's aspirations and progress during this era.
This coin is graded as VG, or Very Good, indicating that it is in decent condition with moderate wear visible under close examination. VG coins typically exhibit wear on the higher points of the design, with some loss of detail but most features still discernible.
The Newfoundland 50 cents 1911 KM#12 VG silver coin is composed of 92.5% silver and 7.5% 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 early 20th century, coins like the Newfoundland 50 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 Mint in London, England, which supplied coinage for Newfoundland during this period. Mintages for the 1911 issue of the Newfoundland 50 cents coin were relatively high compared to earlier years, reflecting the province's growing economy and population.
Exact mintage figures for the 1911 Newfoundland 50 cents coin vary, but they are generally substantial compared to other years of production. Despite their higher mintage, examples of this coin in VG condition remain sought after by collectors due to their historical significance and relative scarcity in the numismatic market.
In summary, the Newfoundland 50 cents 1911 KM#12 VG silver coin is a prized artifact of Canadian numismatic history. Its elegant design, decent condition, silver composition, and association with Newfoundland's early 20th-century economy make it a desirable addition to any numismatic collection. Whether as a standalone piece or part of a broader collection, this coin serves as a tangible link to Newfoundland's past and its journey toward economic stability and cultural development.