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Replies: 87 / Views: 13,549 |
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Pillar of the Community
 Canada
514 Posts |
well time will tell...
I think the second hand knowledge shared here about mintage is going to be about as good as we get for some time...
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Pillar of the Community
Canada
3049 Posts |
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Pillar of the Community
Canada
2845 Posts |
Quote:
well time will tell...
A few more months to go until we can expect to see 2017 new designs, Each 2017-dated circulation coin denomination will feature one of the winning designs and Canadians will be able to find these coins in their change next spring. http://www.mint.ca/store/news/news-....WG-CV8tfOhA
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Pillar of the Community
 Canada
514 Posts |
I believe the standard LL mintage will be seen again; that would peg it at 5 million pieces. At face!?!? Lucky you! I paid a premium for mine. As I see it, you have to sometimes take a risk...
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Valued Member
Canada
320 Posts |
Does anyone know if the mintages for the 2016 loonies and toonies have been released yet?
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Pillar of the Community
Canada
2845 Posts |
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Valued Member
Canada
320 Posts |
WildflowerAB, the only problem is the Mint website does not list each type individually. I am particularly interested in the mintages for the 2016 regular design loonie and toonie.
Edited by Canada67 03/04/2017 5:49 pm
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Pillar of the Community
Canada
2845 Posts |
Okay. But as I recall the mintage of the various commemorative issues have always been publicly announced, going by memory most always 5 million, so the commemoratives releases could be subtracted from the total years mintage? Otherwise mintages have been included in RCMs financial statements. But not in the year end 2014 and 2015 still isn't released. It would be a year from now before we'd see 2016 financial statements. Your other alternative would be to put your question to RCM. On a good day, someone might find you an answer.
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Pillar of the Community
Germany
992 Posts |
Quote: But as I recall the mintage of the various commemorative issues have always been publicly announced, going by memory most always 5 million, so the commemoratives releases could be subtracted from the total years mintage? Yes, the commemorative circulation Loonies and Toonies mostly had a planned mintage of 5 Million for the last few years. However, the Sir John MacDonald Toonie only had a mintage of 2.150.000 according to the 2014 RCM report. It's possible the RCM minted more. But we don't know because, as has been stated, the RCM didn't report mintages in the 2015 report. One can only hope that the 2016 report includes mintages again. I wonder, was it a simple oversight not to include the mintages in the 2015 report or was it done on purpose -- for reasons I'd really like to know...
Edited by redlock 03/05/2017 04:22 am
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Pillar of the Community
United States
4868 Posts |
I could see the mintages for the regular loonie being reduced due to the commemorative loonies being issued along with it.
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Pillar of the Community
 Canada
514 Posts |
I too hope the mintages are shared again.
It seems pretty silly to not share it with the people who are essentially their buying audience...
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Pillar of the Community
Germany
992 Posts |
The 2016 RCM report is finally out and thankfully it includes mintage numbers for circulation coinage (page 86 and 87). http://www.mint.ca/store/dyn/PDFs/R...NG_FINAL.pdfIf my math is not off (  ) 28,764 Mill. regular 2016 Loonies were minted. Plus 5 Mill. Lucky Loonies and 5 Mill. Right to Vote Loonies. The commemorative circulation Toonies (''Atlantic,'' ''Flanders,'' ''Mac Donald'') had a mintage of 5 Mill. each.
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Pillar of the Community
Canada
2845 Posts |
Quote:The 2016 RCM report is finally out and thankfully it includes mintage numbers for circulation coinage (page 86 and 87). http://www.mint.ca/store/dyn/PDFs/R...NG_FINAL.pdfIf my math is not off ( ) 28,764 Mill. regular 2016 Loonies were minted. Plus 5 Mill. Lucky Loonies and 5 Mill. Right to Vote Loonies. The commemorative circulation Toonies (''Atlantic,'' ''Flanders,'' ''Mac Donald'') had a mintage of 5 Mill. each. That's a surprise. You're right, 2016 regular loonie production was higher in 2016 than in the two preceding years. I'll speculate it's expected a fair amount of the 2017 150th coinage will be stashed and to offset is the reason for high 2016 mintage. From your link, here's the stats: 
Edited by wildflowerAB 05/10/2017 07:20 am
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Pillar of the Community
Canada
5324 Posts |
So much for the one skid thought, I still don't see the 2016 loonie in change in the GTA but there are lots of the new 2017 150 special coins in change here. This is probably a directive from the Finance Dept. to ask the RCM to distribute the 150 coins this year to the banks. The 2016 loonies could just set in a warehouse for years or the mintage figure was wrongly published
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Pillar of the Community
Canada
2845 Posts |
@ John, within financial statements, the mintages are translated to face value of the coins that then get sold to banks, much like wholesale value of inventory. So unless there's some skullduggery happening, the mintage numbers must be correct.
But looking at the overall numbers, for example 10x more 2016 dimes were produced than loonies, maybe it's only about odds and so that of a 2016 dime compared to a 2016 loonie is 10x less.
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Replies: 87 / Views: 13,549 |