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    Whatever happened to the penny? A history of our one-cent coin.

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New Acquisitions

By: Paul S. Berry


April 18, 2018
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The 1936 Dot Set

If you watch The Crown, a Netflix series about the life of Queen Elizabeth II, you will remember that her uncle, King Edward VIII, fell in love with American divorcée Wallis Simpson and, in December 1936, abdicated rather than give her up. Edward’s brother—and Elizabeth’s father—Albert subsequently became King George VI.

The abdication of Edward VIII had implications for the Royal family and the succession, but did you know that it also affected Canada? It wasn’t merely a divisive topic over the dinner table, pitting Edward’s supporters against those who thought it “just wasn’t proper.” It had a big effect on our money.

engraving of Prince Edward

Prince Edward, first son of King George V and Queen Mary, from Canada’s 1935 $5 bill.

engraving of King George VI

Prince Albert, second son of King George V and Queen Mary, from Canada’s 1935 $50 bill.

$1 bill with Edward VIII

Bank notes were already in advanced stages of design before King Edward VIII abdicated. This photograph of a model for the new notes was made December 1, after official approval of the portrait was received in mid-November.

Early in 1937, Canada experienced a shortage of 1-, 10- and 25-cent coins. Normally, the Mint would have filled the void using the new dies for 1937, but their production had been delayed owing to Edward VIII’s abdication. To meet the emergency, the Mint struck coins using dies from 1936. A small impression was added to the reverse dies, creating a raised dot on coins struck from those tools that distinguished them from the 1936 coins.

Canadian 1936 dot penny

The last year of this design was to be1936. Introduced in 1920, it was replaced in 1937 by the familiar maple leaf cent, whose production ceased in 2012.

penny close up

The dot on the 1-cent piece appears to be smaller than that on the 10- and 25-cent coins.


The 1936 dot coinage has drawn much attention from domestic and foreign collectors of Canadian coins since knowledge of its existence was made public about 1938–39. As coin collecting became a popular hobby in postwar Canada, clubs were formed across the country and collectors eagerly searched their change, looking to assemble complete date sets of Canadian coins. The dot coinage was recognized as rare, and the 1-cent coin in particular became something of a Holy Grail for collectors—always sought but never found. Coin dealers placed ads offering to purchase the coins. Even the producers of the new Whitman storage folders, with their convenient die-cut holes into which young and old alike could press their new-found treasures, left spaces for these rare pieces in their products.

In April 2016, Robert Lafortune graciously donated a 1936 coin set, including the three dot pieces, to the National Currency Collection. The set had been in the possession of his family since the early 1940s when his father, Maurice Lafortune, purchased the set from the Mint, his employer.

red leather case

Rather than making new cases, the Mint repurposed holders from 1908 by adding a new label to the outside.

open coin case

The insert was also changed by adding room for the silver dollar, which was not in use in 1908.


To say the set is rare is an understatement. This is the only intact set known to exist. Two other sets were sold to prominent American collector and businessman John J. Pittman in 1951 and 1954. One set was stolen from his home in April 1964 and subsequently dispersed; the second set was sold piecemeal in 1997 when Pittman’s collection was auctioned. The 1-cent and 10-cent dot pieces are also two of Canada’s rarest coins. Despite Mint Master Walter Clifton Ronson’s 1952 confirmation that 678,823 1-cent and 191,237 10-cent pieces had been placed into circulation, only three 1-cent pieces and five 10-cent pieces are known to exist beyond those in the present set. This discrepancy is a mystery that has never been adequately explained.

Canadian 1936 dot dime

All coins in the set except for the 5-cent piece are specimens, coins of the highest quality specially struck for presentation purposes.

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Content type(s): Blog posts

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August 2, 2017

Coin designs of Emanuel Hahn

By: David Bergeron


In 1934 the Department of Finance invited Emanuel Hahn to submit a design for a silver dollar to commemorate the Silver Jubilee of King George V’s reign.
Content type(s): Blog posts
July 11, 2017

Our Grand Opening…

By: Graham Iddon


After four years of plans, worries, setbacks, successes and sheer hard work, the Bank of Canada Museum opened its doors—on Canada Day, right on schedule.
Content type(s): Blog posts
June 22, 2017

Museum Reconstruction - Part 8

By: Graham Iddon


The last few stragglers among our artifacts are ready for installation and the interactives and digital labels are bulking up with the final software and data, in them, so it’s all there, functional and looking fantastic.
Content type(s): Blog posts
June 16, 2017

The Yap Stone Returns

By: Graham Iddon


For us, its removal from the Garden Court dramatically marked the Currency Museum’s closing. The big stone’s return now performs the opposite role for the new Bank of Canada Museum—heralding its opening.
Content type(s): Blog posts
June 9, 2017

A New Ten on the Block

By: Graham Iddon


In a modern twist, Governor Stephen S. Poloz took a “selfie” while holding a C150 note before meeting up with the Honourable Ginette Petipas Taylor for the main photo op.
Content type(s): Blog posts
May 30, 2017

New Acquisitions

By: Paul S. Berry


Although never released for circulation, these two pieces were part of the first official initiative to mint coins in Canada.
Content type(s): Blog posts
April 21, 2017

150 Years Since Confederation

By: Graham Iddon


Canada’s cultural and regional diversity is a key part of our nation’s identity. However, it’s an enormous challenge to represent such concepts on a 7 by 15 centimetre piece of polymer.
Content type(s): Blog posts
April 11, 2017

Museum Reconstruction – Part 7

By: Graham Iddon


It’s a very flexible design and right now our graphics team is busy adapting it to a dozen different uses and formats.
Content type(s): Blog posts
March 31, 2017

Coins from a nation that wasn’t: Araucania and Patagonia

By: David Bergeron


In the middle of the 19th century, a French lawyer and adventurer named d’Antoine de Tounens became fascinated by the Mapuche people of the Patagonia region of South America. At the time, they were struggling to protect their ancestral lands, their identity and their culture from colonial expansion by the governments of Chile and Argentina.
Content type(s): Blog posts
March 7, 2017

Museum Reconstruction - Part 6

By: Graham Iddon


So how’s the Bank of Canada Museum progressing? Everything seems to be ticking along just fine, thanks.
Content type(s): Blog posts
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