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Circulating Five Dollar Coin Hoax Appears Again On Facebook

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Harmonica's Avatar
Canada
1118 Posts
 Posted 02/11/2017  5:52 pm Show Profile   Bookmark this topic Add Harmonica to your friends list Get a Link to this Message Number of Subscribers
I remember seeing this going around back in 2014. I corrected the young lass that shared it back then. Now I see it has resurfaced. Given how little time I spend on Facebook (and the internet as a whole lately) it has probably always been around.



Circulating-Five-Dollar-Coin-Hoax-Appears-Again-On-Facebook

Does anyone know who started it and when? If I was more computer savvy I would love to track how it spread through the internet. What my old folklore professor said about memes and internet culture is that you can trace it to a tee. It is a great tool for seeing how information is passed from one person to another.

The five dollar coin does exist. It is a 2012 NCLT sterling silver and niobium coin.

http://www.mint.ca/store/coin/sterl....WJ-UMjsrLIU
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gidjit's Avatar
Canada
1980 Posts
 Posted 02/11/2017  7:31 pm  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
my wife showed this to me the other day and said look were getting a new $5 coin!, and I said no every year someone says we are but we're not...i just showed her this post
Valued Member
CanadianNumismatist's Avatar
Canada
115 Posts
 Posted 02/11/2017  11:06 pm  Show Profile   Bookmark this reply Add CanadianNumismatist to your friends list Get a Link to this Reply
I see that very often, but I certainly am glad that we won't be having a 5 dollar coin anytime soon, I like collecting paper money as well.
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Debrajc's Avatar
United States
4211 Posts
 Posted 02/11/2017  11:29 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I haven't seen it lately but did see it a few years ago.
No idea how it started?
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/12/2017  4:36 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Here is one "source". A Vancouver radio station.

http://www.cfox.com/2015/04/03/new-...-is-heading/

Carmen Cruz irresponsibly posted it to their website in April 2015 and it has been share over 1300 times on Facebook. It's on and Twitter too. Social media urban legend. (edit to add: dunno why the name of another SM site is being erased when I try to post it but you get the idea, it's everywhere)

It really is sad that people see a meme or some other piece of pure fiction and don't question it at all.
Edited by CC-Ottawa
02/12/2017 4:39 pm
Pillar of the Community
Canada
2845 Posts
 Posted 02/12/2017  5:00 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
According to CCs link, was this perhaps originally an April Fools joke that was taken seriously?

Considering a huge percentage of the population never heard of non-circulating coinage or seen a $5 coin. I can understand how the "Canadian Mint joke" may have morphed into a false rumour. But a lot of stuff that floats around on Facebook has gotten to the point it isn't expected to be true.



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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/12/2017  5:06 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
That was tried on April 1, 2011 but at least one outlet. lol

http://rabble.ca/news/2011/04/there...ready-harpie
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/12/2017  5:49 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Even better. "meanwhile in Canada" posted this on April 3/15. Note they seem to confirm that it's an April fools joke. I added the red arrow.

Circulating-Five-Dollar-Coin-Hoax-Appears-Again-On-Facebook
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TheForce's Avatar
United States
4867 Posts
 Posted 02/13/2017  08:53 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Just silly...I really don't think it makes sense to have a $5 coin anyways. I think $2 is a good cut-off point.
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punman's Avatar
Canada
849 Posts
 Posted 02/13/2017  10:08 am  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply

Quote:
Just silly...I really don't think it makes sense to have a $5 coin anyways. I think $2 is a good cut-off point.


It does not make sense today but twenty years from now when it will take $5 to buy what a Toonie buys today, there will probably be a $5 coin.
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Learn More...
Canada
9863 Posts
 Posted 02/13/2017  1:08 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply

Quote:
I certainly am glad that we won't be having a 5 dollar coin anytime soon,

Quote:
Just silly...I really don't think it makes sense to have a $5 coin anyways.

We have had a $5 circulation coin for over a hundred years.
They were never very popular.
They are current legal tender and were of little numismatic interest until recently.

Circulating-Five-Dollar-Coin-Hoax-Appears-Again-On-Facebook
"Dipping" is not considered cleaning...
-from PCGS website
Valued Member
aghawk's Avatar
Canada
343 Posts
 Posted 02/13/2017  5:25 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Now that's a $5 coin!

I miss the days when our coins were made of real money.
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