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2012 Toonie

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Pillar of the Community
Canada
632 Posts
 Posted 08/19/2012  12:22 pm  Show Profile   Bookmark this reply Add t_y to your friends list
The RCM has a set of quite interesting specs - they have nothing to do with numismatics. If the coin weights and measures according to the written specs; if the metallic content is within tolerance; if the dies do not wear before reaching the expected 'milleage', the coin is good. Just like manufacturing washers.

The RCM is having trouble in the rimming process. I would expect better coins in the near future because the bumps cause extra wear on the dies, not because the coins look ugly.
New Member
Canada
18 Posts
 Posted 08/19/2012  1:22 pm  Show Profile   Bookmark this reply Add midtown1 to your friends list
In other words they may not make it to 5 million Shannons before the dies wear out and if you find one without deformation it's a real keeper I'm guessing.
Pillar of the Community
Canada
632 Posts
 Posted 08/19/2012  2:12 pm  Show Profile   Bookmark this reply Add t_y to your friends list
Shanoons LOL LOL LOL
Valued Member
Canada
186 Posts
 Posted 08/20/2012  1:34 pm  Show Profile   Bookmark this reply Add timotay01 to your friends list
A question then to toonie collectors then. Would you consider needing to have both varieties of Edge (up/down) to have all toonies? Just wondering if I should bother or not.
Pillar of the Community
Canada
632 Posts
 Posted 08/20/2012  2:03 pm  Show Profile   Bookmark this reply Add t_y to your friends list
At 2 bucks per coin, why not?

The edge imprint is made before the strike, so odds of finding up or down are very very very close to 50%.

It is your call.

For my collection, I have not decided yet (I have more than 1 set).
Pillar of the Community
Germany
992 Posts
 Posted 08/21/2012  02:19 am  Show Profile   Bookmark this reply Add redlock to your friends list

Quote:
A question then to toonie collectors then. Would you consider needing to have both varieties of Edge (up/down) to have all toonies?


Personally, I do not care, and I do not intend to collect both ''varieties.''

However, I can understand why coin dealers in particular are trying to tell you that ''up/down'' are two different ''varieties'' and are trying to lure you into collecting both ''varieties.'' As I said, I will not. But I am from the Euro Zone, and we do not care about the ''up/down'' edge lettering on the 2 Euro coins either.
Edited by redlock
08/21/2012 02:21 am
Pillar of the Community
Canada
5324 Posts
 Posted 08/21/2012  08:47 am  Show Profile   Bookmark this reply Add john100 to your friends list
if the edge lettering is 50, 50, why bother with this variety?
Valued Member
Canada
186 Posts
 Posted 08/21/2012  11:26 am  Show Profile   Bookmark this reply Add timotay01 to your friends list
I guess it depends on if sometime in the future they decide to standardize it, sounds like that is unlikely so I'll probably not bother. Just to confirm the 1812 Shannon's also should have both up/down?
Pillar of the Community
Canada
632 Posts
 Posted 08/21/2012  11:43 am  Show Profile   Bookmark this reply Add t_y to your friends list
Yes - both security types have the up/down varieties

Now, for the record: I am contemplating of having these coins for the sake of completeness. I own 'complete' sets that include varieties not yet listed in Charlton, so I have to decide if these are indeed varieties.
Edited by t_y
08/21/2012 11:44 am
Pillar of the Community
Canada
937 Posts
 Posted 08/22/2012  8:47 pm  Show Profile   Bookmark this reply Add pennysaver to your friends list
Absolutely you should collect both types! Just because it's a randomly-produced variety doesn't make it less of a collectable for the completist. I realize that not everyone would agree with me, but I see the up/down varieties similar to rotation varieties or Machine Doubling -- something that happens that makes a coin different than some of the others coming off the same line. I'm saving both types in all the errors of 2012 I find. After all, they're only $2 each. What have you got to lose?
New Member
Canada
26 Posts
 Posted 09/11/2012  2:50 pm  Show Profile   Bookmark this reply Add jodew71 to your friends list
I work in a small convenience store and in the last 2 weeks I've found 2-2012 toonies without the security features. I'm still looking for the loonie though.
Valued Member
Canada
499 Posts
 Posted 09/11/2012  8:20 pm  Show Profile   Bookmark this reply Add ShareBear to your friends list
If anyone finds a toonie without the edge lettering now that would be real keeper. In the US some presidental dollars were found without the edge lettering.
Pillar of the Community
Canada
632 Posts
 Posted 09/11/2012  8:23 pm  Show Profile   Bookmark this reply Add t_y to your friends list
Such an error on a Canadian coin would sell for a small fraction of the American counterpart. But no doubt, it would be a keeper, at least for me.
Valued Member
Canada
457 Posts
 Posted 10/26/2012  11:51 pm  Show Profile   Bookmark this reply Add falcon to your friends list
seems some people would like to cash in on the upside down lettering
easy way to double your money
tell someone its an error.
http://cgi.ebay.com/ws/eBayISAPI.dl...230871468923
Pillar of the Community
Canada
5324 Posts
 Posted 10/27/2012  01:06 am  Show Profile   Bookmark this reply Add john100 to your friends list
as the toonie expert have already commented earlier there is a 50 percent chance for each type to occur.
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