Federal Budget Announces Change In Composition Of $1 And $2

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Author	Replies: 7 / Views: 1,750
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/17/2010 10:39 am "The current composition for the one-dollar coin is bronze plated nickel, while the current composition for the two-dollar coin is, for the inner core, aluminum bronze (copper, aluminum and nickel), and for the outer ring, pure nickel. The primary new composition of both coins, to be launched at the beginning of 2011, will be multi-ply plated steel. " - http://www.mint.ca/store/news/feder...out+the+Mint Report this Post to the Staff

SilverMaple Valued Member Canada 241 Posts	Posted 03/17/2010 10:54 am interesting thanks for sharing Report this Post to the Staff
tamarin Pillar of the Community Canada 576 Posts	Posted 03/17/2010 11:18 pm Why don't they just seal a supply contract with Tiddly-Winks? They could etch the coins on coloured disks. Does this mint have no shame? Report this Post to the Staff
1cent Pillar of the Community Canada 1051 Posts	Posted 03/18/2010 12:26 am It's all about the bottom line. If they could get away with stamping the coins on plastic flans, they probably would. Meanwhile, my stockpiling of pre-1982 nickels continues. Report this Post to the Staff
TheForce Pillar of the Community United States 4870 Posts	Posted 03/18/2010 12:30 am I'm surprised this alloy change hasn't happened sooner. Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/18/2010 9:29 pm What about anodized aluminum coins? Will we ever see this from the Mint? Report this Post to the Staff
1cent Pillar of the Community Canada 1051 Posts	Posted 03/19/2010 12:20 am CC, I doubt it. Aluminum is worth twice what steel is. The mint is pretty much scraping the bottom of the barrel already with steel coins. A steel dime is smaller than a steel cent, yet carries 10X the face value. Intrinsic value has been a lost concept since 1967. Report this Post to the Staff
livingdinasaur Pillar of the Community United States 1571 Posts	Posted 03/19/2010 3:50 pm I sure hope not! That color hurts my eyes! Report this Post to the Staff
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