@nickelsguy thanks for your passionate presentation at the National Postage Stamp and Coin Show this past Saturday.
Very enlightening despite being very versed on the whole saga, having followed it from the beginning.
I will abandon my search for the Z Dollard and Canada/Canada Toonies but keep my eye open for the Camel Toes and the newest threat that may be looming.
Your service to the Numismatic Community which includes both collectors and dealer has been invaluable and cannot be understated.
The majority of the public are far less informed or interested in their pocket change or circulating currency but collectors do pay a little more attention and when they are smart will ask questions.
This is what forms friendships and connections that build and strengthens the community. The fake coins are a scourge and certainly have a negative impact on the economy and financial system. How is s this any different than the Nazis dumping counterfeit 1 pound U.K. notes aside from the fact that opportunists will buy this crap and try to pass it in order to make a healthy profit.
The club I primarily belong to hosts many promotional events and the subject of counterfeit coins inevitably comes up on numerous occasions when talking about commemorative coins or just pocket change in general and thanks to your collaboration with BWJM there is a quick resource we can refer them to.
Sadly this extends to Mint products produced for collectors that are replicated and sold at a significantly lower price often with little or no precious metal and end up in someone's collection as a worthless piece of junk when the inheritors thought they had something valuable or of interest to others.
Can these be confiscated by the dealer and sent somewhere for destruction or are they just handed back as 'not my concern or responsibility'.
Just downloaded the latest issue of Canadian Coin News - Volume 62 Number 25 March 11-25 2025 which features an article on a new discovery.
A counterfeit Nunavut? I'm sure nickelsguy may have more to add to this story.
I do agree that the Camel Toe variety seems to be harder to find and that this recent variety is just awful but to the uneducated or less informed it would still pass as a PMD coin.
This may not be a shock to many or news to others but many major retailers such as Amazon, Best Buy, Walmart, etc. all have a Marketplace section or option to refine your search to various overseas sellers rather than directly from the store.
You can purchase obvious fakes such as SMLs, ASEs, AGEs and Chinese Panda coins and in some cases have them sent to your preferred store! As the saying goes 'if it seems too good to be true, it probably is' and another reason to be vigilant and do your homework before wasting your hard earned dollars.
Check out the well done YouTube video and link below for more information.
Quote: Personally, I have never bothered differentiating them in my collections.
Given that there is a 50/50 chance of the edge lettering being either way, collectors are more interested in errors and varieties such as missing or partial lettering or different number of serrations.
Quite some time ago, I was fortunate to find a nice graded example at an area coin show for around $30 which I was quite happy to add to my collection as they are often seen ungraded and not in pristine condition.
A must have for those who are into Effigies and Coats of Arms.
It's that time of year again! Saturday March 9, 2024 from 9am to 4pm with a convenient lunch counter and overflow parking at the Cambridge Centre Mall.
Be sure not to miss one of the best club sponsored spring shows in Southwestern Ontario that has been a favourite among collectors of all ages for over 30 years.
More to the story with video & pics of new security versions. If all of the 12k that was confiscated are in fact the more 'secure' ones this will make the 2012 and perhaps other newer dates suspect.
No one orders replica coinage especially current circulating ones a a 'gift' or for their collection at a tiny fraction of what it costs the RCM to produce them. Even with the delivery fee the recipient still stands to profit $1.94 for every coin successfully distributed.
How is this any different than the Nazis counterfeiting British 1 Pound notes during WWII with the sole purpose of destabilizing their economy?
This guy needs to be locked up for 14+ years and sadly he is likely only one of hundreds if not thousands of ignorant, selfish and greedy individuals who are trying their luck and hoping to get rich.
Quote: Excellent point - so how does everyone feel about Brian Cornwell's collection of ICCS graded coins being sold/or sold at auction? I believe he is the owner.
How would one know that they were Brian's coins if they are not attributed as such in some way?
doubleeagle59 - I agree wholeheartedly and wonder how they are getting away with it.
These inserts are too misleading in their appearance and many of the coins they are selling came out of PL sets and were not released for circulation such as the 2023 Loon, Polar Bear and non commemorative issues. At best they should be marked as NBU not MS67.
No grader should be in the business of selling the coins they certify as it definitely be a conflict of interest. Bottom line is to buy the coin not the holder and know who you are dealing with. ICCS may not be perfect but they have been around for decades but perhaps now is the time to up their game and change their holders/inserts and may even threaten PCCS with a lawsuit for copyright infringement.
PCCS coins are still listed on eBay and another quick search brings up a bunch more.
I saw a post on a Facebook discussion page today announcing another round of counterfeit toonies.
It appears that these ones mimic the new security features and do not have a camel toe. The most obvious indicator is that the numeral 2 has been replaced with a $ sign and the inscription on the reverse is Canada / Canada.
If these have been produced in large quantities unlike the Walrus $2, I hope the RCMP and the RCM take extraordinary measures to stop these operations and introduce a more secure coin, perhaps one with a polymer ring like the German 5 Euro.
I also pulled a 2005 and 2006 from change on the weekend so the CTTs are still out there in circulation.
Waterloo Region's biggest and best coin show is back! The 32nd annual event to be held at the Cambridge Newfoundland Club (1500 Dunbar Road, Cambridge) is hosted by the Waterloo Coin Society and open to the public. Admission is only $2.00!
Cash donations in support of the Cambridge Self Help Food Bank will be accepted at the door and a portion of the proceeds support the CSHFB and the Royal Canadian Numismatic Association.
They have only been out since 2016 with the most recent issued mid 2021 so there is no good reason for their removal or placement unless they are mutilated or badly worn.
It will be well over a year before notes featuring King Charles III begin entering circulation assuming that the ones featuring HM QEII are no longer being printed. https://www.bankofengland.co.uk/ban...es-banknotes
Canada and other Commonwealth nations on the other hand are quite content to hold off until the Coronation in May of this year.
Rogers/Macklem 2018 $10 notes are in circulation and will be another short run with a confirmed low # of 8190000 similar albeit more plentiful than the FFE Wilkins/Poloz with an unconfirmed high of 854999.
I have also managed to find a few Lane/Macklem $5s INN & INR from ATMs.
@commems, I was indeed making light of the subject and certainly do not attach a collector value to this coin just because it is not aligned perfectly in the holder.
Recently saw a PL set with a flipped coin go for $100.
I too find it odd that only one person was charged and believe the number of fakes in circulation was severely underestimated not to mention that this has been going on far longer than reported.
It was established that these coins are not coming in from the front door as most banks require you to have an account with them to make or withdrawal money.
The only solution in my opinion is to recall all pre security $2 coins as the mint should be doing to recover the valuable nickel content.
No way that a mere 10k of counterfeit coins would result in boxes with numerous rolls of camel toes or dozens. More like 100k or more likely 1 million + to make the effort worthwhile and profitable.
Posted 04/07/2025 7:23 pm
