2005P Canada 1 Cent, Non-magnetic, Wrong Planchet ERROR - CCCS Gem Uncirculated MS 67.  A virtually flawless example of this scarce error. One of the finest graded.  Charlton Catalogue lists this coin at $4000.

In 2005, the Royal Canadian Mint used two different types of planchets for one cent coins.  Magnetic copper plated steel coins were issued with a letter “P” (for plated) under the effigy of the queen, while non-magnetic copper plated zinc coins were issued without the letter “P”.  All magnetic issues are supposed to have the letter “P”, while non-magnetic issues are not supposed to have the letter “P”.

A small number of non-magnetic copper plated zinc 2005 coins have been discovered with the “P” composition mark intended only for the magnetic steel issues. The total quantity of coins struck by mistake on the wrong planchet type is estimated to be less than 200 pieces. This is a near perfect example, independently third party certified as Superb Gem Uncirculated 67 by Canadian Coin Certification Service (CCCS).  


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