1948 Canadian Penny – Buying and selling pennies has not become a popular thing in Asia, but the excitement is starting to feel and many are interested in buying or getting into the business. The high selling price makes anyone eager. It’s just that we need to be careful because the value fluctuates.
The 1948 Canadian penny is a year that is much sought after because the 1948 Canadian penny value is higher than the previous output.
Before actually entering this kind of business, we must be observant. Someone who is often careless must start practicing their accuracy to fully understand the 1948 Canadian penny worth.
The Standard Assessment
1948 Canadian penny has several points that become the standard of assessment. The criteria are seen in terms of availability and also high interest. The first criterion will determine the rarity of the penny, it is clear that the rarer the penny, the higher the price.
The next criterion is the condition of the penny. The quality assessment also takes into account the 1948 Canadian penny error.
The list available on the online site will show the variation of the penny error by showing the appearance of the item. One example of an error is the presence of a crack in the arrangement of letters on the surface of the penny.
The existence of this error is not merely mere damage, but must be unique and also rare (In some examples, the crack on the letter “G” in the word “GRATIA” is considered rare and unique).
Only under such conditions will the 1948 Canadian penny varieties with errors get a high rating. Then re-check the condition of the coin you just got, there might be a unique error that can benefit you.
Canadian Penny Rarity
Speaking of rarity, the very high-grade penny from NGC is the 1948 Canadian penny rare. Especially for the 1948 Canadian penny with the MS-65 grade from NGC being the rarest of all. As an illustration grade, MS-65 is a penny with no defects at all on the surface of the penny.
Especially if in a condition that is not in circulation, then the price will be higher than what you can imagine from a coin.
The 1948 Canadian penny is the same as any other penny, in that there are different versions of the letters in the writing on the surface. If on the 1947 Canadian penny you will find a difference between the “7” and the “Maple” or “dot” decoration at the bottom of the “7”, you will find the 1948 Canadian penny A to denticle.
This is a condition where the top of the letter “A” in the word “GRATIA” has a pointed shape, while the other variation, namely “An off denticle” will have a blunt top.
It’s only possible to see with the help of a microscope or something. The size of the letters that are quite small and also the differences that are not too noticeable of course require more effort.
Uniquely, this little thing will not affect the price, and it’s worth noting that it’s not an error, but a variation of the 1948 Canadian penny. If the difference in letters is due to an action, then the value can go down.
Price Standard for Canadian Penny
Prices that are widely shared need to have clear references. Penny prices also fluctuate. So that you can be helped, you can check the 1948 Canadian penny NGC, which is through a site that will provide an overview of the latest penny prices.
This help can save you from having to worry about offering a price quote or buying a penny at a price that is too high.
From the various 1948 Canadian penny variations and errors that exist, one thing that can certainly be found on every Canadian penny issued from 1936 to 1952 is the 1948 Canadian penny KG.
It is common knowledge among penny collectors that the initials KG are the names of the penny designer and engraver of the period, Krueger-Gray. He was assisted by another named T.H. Paget who carved the rest of the coin.
The results of penny carvings which are now legendary and famous because there is indeed a historical value behind them make the 1948 Canadian penny coin value high.
There is also a legendary name, George VI who was in control of the British Empire at the time. 1948 Canadian penny Georgivs is a penny that describes the power of those times.
1948 Canadian Penny Variations
How much is a 1948 Canadian penny worth? There are three variations of the 1948 Canadian penny, namely:
- 1948 – A to denticle
- 1948 – A off denticle
- 1948 – A too-small denticle
The prices of “A to denticle” and “An off denticle” have no difference for each classification or grading. In another case with A too small denticle, the price will be higher. How much does a 1948 Canadian penny worth?
Of course, the conditions that are not circulating will be much higher. How much does a 1948 Canadian penny cost? According to some sites, it costs hundreds of dollars.
What is a 1948 Canadian penny made of? The description of the material of manufacture is an alloy of 98% copper – 1.5% zinc – 0.5% tin.
This composition was commonly used for the manufacture of pennies and the price of copper at that time was quite high, unlike today. Historical value and grading made the 1948 one-cent Canadian penny value increase.
The 1948 one-cent Canadian penny is considered to be the most frequently seen on the market because of its affordable selling and buying prices so its turnover is faster.
Most people are also still curious and find out if there is 1948 gold Canadian penny was ever made. Most of the descriptions mention the main ingredient is copper.
What Canadian pennies are valuable? Almost all Canadian pennies from various years have a price with their uniqueness. Are there any rare Canadian pennies? The rarity of a penny is that it is in the best condition and can enter the highest grading. That is what makes people rich in one night because of 1948 Canadian penny.