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RCM Announcement

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Author Previous TopicReplies: 14 / Views: 3,721Next Topic  
Pillar of the Community
torgemco's Avatar
Canada
1046 Posts
 Posted 07/01/2014  07:53 am Show Profile   Bookmark this topic Add torgemco to your friends list Get a Link to this Message Number of Subscribers
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barriecarson's Avatar
Canada
370 Posts
 Posted 07/01/2014  08:07 am  Show Profile   Bookmark this reply Add barriecarson to your friends list Get a Link to this Reply
Can't wait to see the new $2 coin,
Valued Member
TIPIT's Avatar
Canada
233 Posts
 Posted 07/01/2014  09:32 am  Show Profile   Bookmark this reply Add TIPIT to your friends list Get a Link to this Reply
What about a 1,000$ for 1,000$ gold coin?
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NuMoosematist's Avatar
Canada
867 Posts
 Posted 07/01/2014  09:50 am  Show Profile   Bookmark this reply Add NuMoosematist to your friends list Get a Link to this Reply
Thanks for the news torgenco!

I like this quote from the article:

A spokesman for the mint says the new denominations are intended to fill a gap.

"They will be introduced on future collector coins to meet demand identified by our customer research," said communications manager Alex Reeves.

"At this point, we only have approval to use the new denominations. Until there is approval of specific coins from the minister of finance, we cannot discuss the themes or release dates for what we intend to use these new denominations."


Meaning: Don't hold your breath, but get ready to eventually hold onto your wallet!
Pillar of the Community
Canada
789 Posts
 Posted 07/01/2014  10:06 am  Show Profile   Bookmark this reply Add shopaholic to your friends list Get a Link to this Reply
"A recent cabinet order authorizes the mint to produce two coins with face values of $1,000 and $1,250, destined for collectors rather than pockets or purses."

They could be for 5oz gold coins selling for $15000.

Looking forward to the new toonie, the design sounds very good. I believe this is the image:
RCM-Announcement
Edited by shopaholic
07/01/2014 10:10 am
Pillar of the Community
Canada
6768 Posts
 Posted 07/01/2014  10:08 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Thanks for the link, torgemco

Finally, this gap will be filled.
Collectors can't wait to see (and order) the coins.
Yeah....and the toonie will find it's place in the albums, 2*2 ...etc
Pillar of the Community
qbvbsite's Avatar
Canada
849 Posts
 Posted 07/01/2014  11:44 am  Show Profile   Bookmark this reply Add qbvbsite to your friends list Get a Link to this Reply
"Last year, about four billion recovered pennies were turned into scrap metal."

we are going to have some very sad CRH's
Pillar of the Community
Canada
867 Posts
 Posted 07/01/2014  12:17 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
There are no limits to the depths of the RCM's gimmickry.
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commems's Avatar
United States
12279 Posts
 Posted 07/01/2014  1:50 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
There are no limits to the depths of the RCM's gimmickry.

As circulation coins become less and less relevant for day-to-day transactions, the RCM (and other mints) need to constantly come up with new ways to get people to buy their "coin" product.

Most of the new NCLT issues are not for me, but I don't see the pattern changing anytime soon.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Pillar of the Community
Northerncoins's Avatar
Canada
2019 Posts
 Posted 07/01/2014  2:34 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
"Last year, about four billion recovered pennies were turned into scrap metal."

we are going to have some very sad CRH's


Keep on melting them lol, my Canadian penny hoard is getting more valuable by the month. Well maybe lol...
Pillar of the Community
canuck1us's Avatar
United States
1002 Posts
 Posted 07/01/2014  8:53 pm  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply
Looking forward to the new toonie! Been a couple of years since the last circulation design - HMS Shannon - 2012.
Valued Member
chubbycheeks's Avatar
Canada
480 Posts
 Posted 07/01/2014  9:14 pm  Show Profile   Bookmark this reply Add chubbycheeks to your friends list Get a Link to this Reply
Same I enjoy collecting the canadian toonie because you don't have to break the bank to collect the older ones.

The HMS toonie in 2012 was a great idea. I like it when they have these coin programs. I'll admit the quality has been lacking but their at face value so no complaints here.
Pillar of the Community
Canada
6768 Posts
 Posted 07/01/2014  9:49 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
The quality of the "HMS Shannon" toonie was really bad.
Even for circulation coin - never seen that the coins have such "damaged" edges.
Unlike to this - old style 2012, 2011 and "Boreal forest" 2011 circulation coins were well done.
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Alex A's Avatar
710 Posts
 Posted 07/06/2014  10:11 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
When is the circulating toonie planned for release?
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Anjohl's Avatar
Canada
815 Posts
 Posted 07/16/2014  01:39 am  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
Hopefully these new toonies won't be the ugly small steel slugs we have now. Full sized coins please. Rome started making their coins smaller and smaller too. Look how that worked out.
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