1929 Canada One Cent Value Guide

1924 Canada 1 One Cent #2 | eBay
1929 Canada One Cent
Estimated Value
$2 – $3
Period
1929
Origin
Canada
Materials
bronze, copper, tin, zinc

The 1929 Canada One Cent is a significant piece of interwar numismatics, representing the early years of the small-sized penny format introduced to match American currency standards. This bronze coin is highly collectible for its classic dual maple leaf reverse and its historical connection to the reign of King George V.

What Is 1929 Canada One Cent Worth?

The typical price range for 1929 Canada One Cent is $2 - $3 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The presence of original mint luster significantly increases the value above the $1.50 base.
  • Surface preservation, including the lack of scratches or heavy wear on the King's crown, dictates the final price.
  • Overall strike quality and the clarity of the veins in the maple leaves on the reverse.
  • Market demand for George V era coinage within the $1.50 to $3.00 price range for circulated grades.

How to Identify 1929 Canada One Cent?

  • Verify the obverse features the crowned bust of King George V facing left.
  • Check the reverse for two maple leaves flanking the denomination and the 1929 date.
  • Confirm the coin is the 'small cent' size, approximately 19.05 mm in diameter, rather than the older large cent format.
  • Look for the composition of bronze, specifically a mix of copper, tin, and zinc.

History of 1929 Canada One Cent

In 1920, Canada reduced the size of its one-cent coin to align more closely with the American penny, replacing the larger 'Large Cent' format. This 1929 issue belongs to the first series of small cents, which maintained the maple leaf design until it was changed for the 1937 coronation of King George VI. These coins are popular among numismatists as they represent the transition into modern Canadian coinage during the interwar period.

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