1937 was the first year the King George VI Canadian 1c piece was issued by the Canadian Mint in Ottawa. This coin is considered by most to be a key date in the series.
What are 1937 Canadian Pennys worth? Average values for the Canadian Cent George VI issued in 1937 vary from location to location but on average you can expect to see this coins listed price to be around $3.00 in poor condition and $200.00 in a mint state. However, if you are selling to a dealer you can expect to get a reduced rate of between $2.25-$150 as dealers have to make some sort of profit.
- Year: 1937
- Type: Canadian Cent George VI
- Private Party Value: $3.00-$200.00+
- Dealer Price: $2.25-$150+
- Face Value: 0.01 CAD
- Produced: 44,131,216
- Shape: Round
About: As stated above this coin was the first of the series and Minted in the Canadian province of Ottawa. Red is the most coveted of colors, and the best known specimen is something like a MS67-Red. There are proofs issued this year as well.
Obverse (front)
Latin words "GEORGIVS VI DEI GRATIA REX ET INDIA IMPERATOR" which literally mean "George VI, by the grace of God, King and Emperor of India" King George VI facing to the left. Initials HP stand for the engraver Thomas Humphrey Paget.
Reverse (back)
The number 1 present along with the words Cent and the country name Canada. Date will be present as well. Engraver initials KG which stand for George Kruger Gray.
Designer: Thomas Humphrey Paget (Obverse), Leonard Charles Wyon (Reverse)
History Repeats Itself
A well known and popular saying for a good reason. One of the best predictors of a coin's value is its historic sales. Here are a few sales records for the 1937 Canadian Penny. This may better give you an idea what your coin is worth.
| Sales Date | Coin | Grade | Price |
|---|---|---|---|
| 2024-04-28 | 1937 Canadian Penny | VG8 | $3 (eBay) |
| 2011-01-11 | 1937 Canadian Penny | MS64 RB | $150 (Heritage) |
| 2010-04-26 | 1937 Canadian Penny | SP65 RD | $138 (Heritage) |
| 2015-09-21 | 1937 Canadian Penny | MS66 RD | $218 (Heritage) |
| Sales Date | Coin | Grade | Price |
Variations and Errors
- Special Proofs (SP)
- Regular Issue (no special markings)
- Color Variations - RD (red), RB (red brown), BN (brown)
- Mirror Brockage (double obverse)
Where is the mint mark located? These coins were minted at the Ottawa mint located in Ontario. As there was only one mint there was no reason to differentiate according to our records.
Important Dates:
These are the key dates for the 1 Cent - George VI.
- 1937 - this was the first year the coin was issued and a key date in the series.
- 1942 - semi key date as the composition of the coin changed.
- 1947 - 10th year of reign, some special anniversary coins were minted.
- 1952 - The final year of issuance and the year that George VI died.
1938 Canadian Penny / Cent minted in Ottawa Canada was a copper penny that generally comes in 3 colors. Red, Red Brown, and Brown with Red (RD) being the most sought after.
1937 was the first year the King George VI Canadian 1c piece was issued by the Canadian Mint in Ottawa. This coin is considered by most to be a key date in the series.
1937 was the first year the King George VI Canadian 1c piece was issued by the Canadian Mint in Ottawa. This coin is considered by most to be a key date in the series.
