Newfy Nuts Victoria 20-25 ¢
1876H


Obverse
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Reverse
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Coin Details

  

Set Details
Origin/Country: MARITIMES Newfoundland Pre Confederation
Design Description: 20 Cents
Item Description: .925 Silver 20C 1876H Newfndland
Grade: NGC VF 20
Owner: nemo656
 
Winning Set: Newfy Nuts Victoria 20-25 ¢
Date Added: 10/1/2012
Research: See NGC's Census Report for this Coin

Owner's Description

Newfoundland 1876-H 20 Cents
Krause ID: KM#4
Mintage: 50,000
Weight: 4.7127 g.
Composition: .925 Silver .1401 .oz ASW
Obverse: Queen Victoria

This is a typical example of the Newfoundland series of 1881 20 Cents silver coinage. NGC graded this coin a VF-20. This coin has very dark toning and the photo was lightened up a bit to show the details. The reverse has hints of blue and gold in the dark areas which the photo does not show. I considered sending this to NCS but in a strange way I like the way the coin looks in it untouched state.

Newfoundland made the decision to introduce its own decimal coinage in 1863, but the first coins were not issued until 1865, with 1, 5, 10 and 20 cent pieces, as well as $2.00 gold pieces being issued that year. 50 cent coins followed in 1870, with 100 cents equal to a Spanish 8 real. The Newfoundland coins were all struck in England until 1913, sometimes at Royal mint London without a mint mark, and sometimes at the Heaton mint with a small H mint mark. No coins were made from 1914 to 1916, and when coinage resumed in 1917 many of the coins were then minted at the Royal Canadian Mint in Ottawa with a small C mint mark on them.

Most Newfoundland coin issues have relatively low mintage, such as this date (1876-H), with a mintage of only 50,000 coins, according to the Krause book. The pre-1920 coins circulated extensively, and many of the examples we see are either very worn, damaged, or both. Finding nice attractive circulated specimens is often difficult, and mint state examples very difficult (nearly impossible for some dates).

The last Newfoundland coins were struck in 1947 (1, 5 and 10 cent pieces) more than a year before Newfoundland joined Canadian Confederation to become Canada's 10th Province. One of the reasons Newfoundland coins experienced such extensive circulation was Newfoundlanders preferred hard coinage over paper money due to multiple bank failures over the years.

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