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 Replies: 638 / Views: 114,705 |
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Moderator
 United States
188711 Posts |
Quote:
Funny Fact About The New Fake Toonies. I merged this into the existing topic.  Quote:
It is illegal. It's just not being enforced.  |
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Pillar of the Community
Canada
3328 Posts |
It's only illegal if the mint recognizes the current fakes. They do not yet. The bank took mine and let me pick out one of the coloured toonies, then I talked to the teller who was sorting all the toonies picking out some for his collection and he may join the forum. But he said the bank said if you find them keep them and use them like normal toonies for now. Since the mint has yet to acknowledge the new fakes after months which is kinda sad lol
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Pillar of the Community
Canada
3328 Posts |
Also thank you for moving my post. But ya only the mint has the power to say if a coin is fake or not. They obviously are lol but they have yet to acknowledge that so it's legal tender
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Pillar of the Community
 Canada
9864 Posts |
You bank source is absolutely wrong.
It is illegal.
It's just not being enforced.
See Canada Criminal Code sections 448-450.
That trumps your opinion and your bank employee's as well.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
05/31/2021 3:23 pm
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Pillar of the Community
Canada
3328 Posts |
I'm saying the even though these are fakes, the Royal Canadian Mint has to acknowledge them as a fake before they are deemed illegal currency, I bank with TD and the employees there were told not to remove any of the fakes and to let them pass through the till as normal tender untill the mint (the only people who can legally deem a coin fake) so babies are using them everyone thinks they are fake. But untill the mint says so it's not illegal. |
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Pillar of the Community
Canada
3328 Posts |
Untill the mint says they are fake they are not fake. They are the judge of this, so thinking a coin is fake isn't enough to make it a fake. The only way to know you have a fake is if the mint acknowledges that they are fakes
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Pillar of the Community
Canada
3328 Posts |
The mint has acknowledged the Montreal fakes from like 2010. But these new ones you can use with no worry of being charged even if they wanted to charge someone for using a new fake they couldn't because we can't (confirm) that they are actually counterfeit
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Pillar of the Community
Canada
3328 Posts |
There for you can still legally sell these new fake coins and even advertise them as being potential fakes, without worrying about fines are charges.
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Pillar of the Community
Canada
3328 Posts |
The law states that if it is a counterfeit then yes that is true. But only the mint can clarify weather or not the coins are fake or not. So untill they do they are not considered fake. So currently they are legal tender even though we all know they are fakes. Because the mint has yet to acknowledge that these new claw foot bear coins are fake
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Pillar of the Community
United States
8938 Posts |
@Wrekkdd, firstly, please do not make a large quantity of short posts, instead please condense them into one. Use paragraph format, not texting format. Secondly, while I'm not sure about how counterfeit laws are in Canada, they are seemingly more strict than those of the US. If that assumption is correct, in the US knowingly passing a fake is a felony. I believe you'd have a hard time arguing before a court or judge that just because the mint had yet to recognize them as fakes, they were legal tender.
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Pillar of the Community
Canada
3328 Posts |
My posts have not been that short? And I'm not sure what you mean by paragraph format. I respond as people post and I only use this website via my phone. And the whole argument I'm making us all these experts on here can call a coin fake, but only the Royal Canadian Mint has the power to call a coin fake. So untill they acknowledge the coins as fakes then using them or selling them would be brushed off due to the fact that there is a big difference between thinking or being pretty sure a coin is fake and knowing a coin is fake. And we cannot know with 100% certainly that these coins are fake untill the mint says so. Untill they do there is no law stopping anyone from using them and or buying and selling them as novelty items |
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Pillar of the Community
Canada
2301 Posts |
you are now part of the problem.....
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Pillar of the Community
Canada
1923 Posts |
In your other post you said you traded them off on good coins at the bank knowing or having a pretty good idea they were fake coins. That does make you a big part of the problem don't you think  |
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Pillar of the Community
Canada
3328 Posts |
Read my other post. You guys jump to conclusions quick and try and attack rather then ask details. The first thing I said after approaching the counter was what do I do if I found a fake coin. I wrote the details in my post about taking your toonies to the bank. They immediately took it looked at it and then just handed me another coin. A guy behind the counter was looking through rolls of toonies so I figured must he must be looking for fakes so I said something to him, and he was like ya and said he's been finding a fair bit. But is also into coins. Read my other post
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Pillar of the Community
Canada
3328 Posts |
Also if people are going to post instigating comments like that with little knowledge to what actually happened then don't comment on my posts please.
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Replies: 638 / Views: 114,705 |
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Posted 05/31/2021 3:11 pm
