Three dots, Three Kings, 1936

Three dots, Three Kings, 1936

It has to be said…

I suspect there are some in the hobby today that will not be able to readily accept the truth about the 1936 dot coins, as one cannot deny that 50 to 60 years of untruths will certainly have had its marked effect.

As a result of the long-term deception, some hobbyists will be inclined to continue believing what they have been “led” to believe these many years, no matter what new information comes to light.

There once was a time when a group of people were “led” to believe that a mere mortal man was their true salvation; imagine if you will, all the effort that it took to show these people the truth about Adolf Hitler, even today some will deny what they have been shown.

If the “Pittman dot story” that the hobby has been “led” to believe were a “cup”, you would die of thirst trying to drink from it.

Do I have proof or evidence other than the obviously tangible and therefore visual proof that the very coins themselves do represent … that the 1¢ where the placement of the dot is on the King and the 10¢ where the placement of the dot is in the lower left hand leaves … are indeed the “genuine” Mint issued dot coins?

As I have already come to my own answer to that question, I will elect to simply share what I know to be on the subject and leave each individual to decide the answer for themselves.

The hobby cannot deny that very little has been written on the 1936 dot coins, nor is the hobby able to dispute that what has been written, is more directed towards the 1¢ with a dot under the date and the 10¢ with a large dot below the bow opening, than it is towards the 25¢ with a dot at the bow opening.

One of the main components to the dot story and certainly one that can easily be recognized as being the very “foundation” or “corner stone” of the story … is the “unsupported claim” that in the early part of 1937, there was a shortage of coins and therefore an “emergency issue” of 1¢, 10¢ and 25¢ pieces occurred.

My reference to the “emergency issue” as being an “unsupported claim” is based on the undisputable fact that there has never been any “official” Government documentation shared with the hobby that would support such a claim to be true.

I certainly welcome anyone within the hobby who does have any official Government documentation that would lend support to the long professed claim of an emergency issue, to come forward and share such with the hobby.

While we are waiting for someone to come forward with official proof to there having actually been an emergency issue of certain denominations in the early part of 1937 … I will share with the hobby an “official” Government document which will easily show that a shortage of coins did not exist in the early part of 1937.

The official document to be shared is the “Recoinage Statement” from the CANADA PUBLIC ACCOUNTS for the FISCAL YEAR ENDED MARCH 31, 1937 report … which was respectfully submitted by Chas. A. Dunning, Minister of Finance Ottawa, January 24, 1938.

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It is plain to see that under the heading of “Silver Coin” in the far left column, the second entry down has the dates of “April 1, 1936 to March 31, 1937” and if we look to the immediate right, the figure of 401,860.35 is entered under the heading of “Amount Withdrawn for Recoinage, face value”.

If we look further down to the heading of “Bronze Coins, the second entry down also has the dates of “April 1, 1936 to March 31, 1937” and if we look to the immediate right, the figure of 1,397.21is entered under the heading of “Amount Withdrawn for Recoinage, face value”.

When I performed the calculations to convert the Silver coin “face value figure” to “pieces figures” I divided the 401,860.35 entry by three denominations, 10¢, 25¢ and 50¢ respectively and each received an equal share figure of 133,953.45.

The equal share figure divided by 10¢ equals 1,339,534.5 pieces withdrawn for recoinage; the equal share figure divided by 25¢ equals 535,813.8 pieces withdrawn for recoinage and the actual “face value figure” for the Bronze Coins divided by 1¢ equals 139,721 pieces withdrawn for coinage.

As the “Recoinage Statement” chart shown includes the first part of 1937, one can see with their own eyes that coins were being withdrawn from circulation during the time frame where the hobby has been “led” to believe that there was a shortage of coinage and that an emergency issue of certain denominations occurred as a result of said shortage.

To be continued...

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