Coin Engraver Charged With Altering Coins In Canada

Part of his statement; "I don't believe in government......I definitely don't believe that the state of capitalism where it is now is where it's at."
Where can you be where there's no government, desert island?

The Alloy recovery Program is why it is almost a lost cause to coin roll hunt in Canada for the older coins.

Agree on this. I have lived in Canada for over 40 yrs (moved here in 1981) and since then have rarely come across any silver coins (pre 1968) in change. It was even tough to get copper pennies in the last few years before the withdrawal of the penny with most being copper plated.

There are very few truly worn Canadian coins in circulation as they tend to get rolled into the ARP as they degrade. This is a stark contrast with US coinage where you can actually still get silver in change and even when looking at clad coinage, there are plenty that are heavily worn. While there is little value beyond face, even in high grade circulating coins from the last 40 years, there are a few years where there were very few coins issued...

Given the impact of the ARP it may be interesting to see what is the remaining the circulating population of Canadian coins and whether there are any that are just plain difficult to find in higher grades regardless of initial mintage and therefore command a premium in high grade due to scarcity.

They can. Section 9 of the Currency Act 1985 allows the government to "call in" any current coin. The exact procedure for "calling in" these non-current coins is not specified in the legislation, but they are choosing not to issue a compulsory general public recall, because sending stormtroopers to everybody's house to search for illegally hidden silver coins would be too expensive, not to mention rather unpopular. Keeping the compulsion-to-return at the level of the banks is both cost-effective and largely invisible to the general population.

First off the guy shot himself in the proverbial foot by admitting to pre-knowledge of guilt.

Secondly, his arguement about the penny squishing machines in Canada is super waek;
The ones I saw ALWAYS used American pennies - so the machine operators acknowledged, and could abide by the law.

I hope he is found guilty.
I hope that his punishment is enough that the guy can easily recover from it, but strong enough to send out a message and stop him or other people who might think of doing this.

But really;
Why not do this to "worthless" foreign coins?

I mean how often do you see foreign coin bins at coin shows, and they are several for a buck!?

Using a foreign coin seems like an easy solution instead of flagrantly breaking (an admittedly seldom enforced) law?

I hate ARP.
'nuff said.

Vonigohcr
Are you sure ?
Isn't the fact that they are no longer legal tender the same as demonetized ?
As of January 1, 2021, the $1, $2, $25, $500 and $1,000 bills from every Bank of Canada series are no longer legal tender. These bank notes have not been produced in decades, so the decision to remove them from circulation has had little impact on most of us.

About legal tender - Bank of Canada

Canada Bank Notes Demonetized

Numismatic News
https://www.numismaticnews.net › paper-money › can...
Feb 2, 2021 — The Bank of Canada has removed legal tender status of its $1, $2, $25, $500, and $1,000 bank notes. ... Once upon a time Canada had a 1-cent coin.