Canada 2016 Uncirculated Set (#148390) Contains 2015 Loonie

I disagree a little with the first to market adage, in a regular auction with no returns like the 2005 p non mag penny that is an insane example even though an error like that is no where near those value, 25 cents struck on gold planchets barely fetch over 20,000. The first two sellers of the 2005 penny are surely counting their change first to market is rewarding.

When TCNC placed the first one in their auction, they advertise as first one handled by the company really rare, at most, us error guys thought 2000 to 3000 at most, then before the auction we started to hear rumours of a large dealer with a massive amount, and more was began to show up. It's most likely a honest error where the bulk bin of planchets were not completely cleaned out or in the change over to p production. Just like today a 2006 version sold on ebay for over 3100.00 5 to 6 times trends, at least two people wanted it badly, sometimes buyers believe too much on the adds, rare one only, stuff like that, can't do that on ebay because of the return policy. I think these pennies were found in Oh Canada sets, they left the mint accordingly so they are legit for sure, but as errors goes this type has no wow or eye appeal unless you have a magnet or it's graded it looks like a normal penny.

Part of the problem with these packaging errors is there is always a possibility someone has the ability to unseal and reseal the units, also if the RCM issued a kind of recall, there must be a wack full of these. Any news is good news to this hobby it has created a buzz, which we need more of.

My hope is the TPG has XRF these coins before slabbing or pouching them, that is why with most expensive errors it needs to be slabbed.

Keep the set intack I order I got the normal 2016 loonie, but I managed this past mar to luck out at local post office with the 2015 loonie in the set for the normal price I collet for the fun except for these unc sets I don't like majority of the stuff the mint makes today so I to collect mostly reg cdn coins of the past.

My suggestion with this wrong loonie set, sell them for a few hundred bucks if you can there are just far too many of these sets out there.

I still can't believe there is a market for these.... what a waste of money.

I think one would have to be a collector of Uncirculated Sets to understand. The discovery of the 2016 mismatched sets generated a whole lot of enthusiasm and excitement and that's just what the hobby needs from time to time. How many years has it been since newly issued circulated coin has been anything but boring and routine? 2005, 2006 non-mag?

It's memories of the unique, unusual or atypical that make for lifelong collectors. Therefore I think the 2016 mismatched set was a very good thing to have occurred (and I'm not entirely convinced it was entirely accidental on the part of RCM).

As for counterfeits....sure, it's possible as time goes on. But that shouldn't take away the initial thrill of discovery from the lucky ones who originally received it from RCM, CP or a dealer. Collecting is about, well collecting. Buying from unknown sellers on the secondary market always has its risks and possible counterfeits of this set wouldn't be any different than the awareness the goes hand in hand with coin collecting.