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25 Years Of Loonies, How Have They Fared?

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Valued Member
Canada
271 Posts
 Posted 12/17/2012  7:41 pm  Show Profile   Bookmark this reply Add OddCoins to your friends list
The 1987 and 1989 ones seem especially prone to wear and tear. I would suggest looking for 1988's and 1991's, they may not be worth anything now, but they seem very rare to find in change. People might start hoarding all loonies.
Valued Member
Canada
386 Posts
 Posted 12/17/2012  7:55 pm  Show Profile   Bookmark this reply Add 1945V to your friends list
Expect all pre-2012 loonies and twonies to disappear from circulation soon (just like pre-2000 dimes, quarter and nickels). The mint will soon begin alloy recovery on $1 and $2 coins because of their high nickel content (92% nickel for loonies and 99% nickel in the outer ring of twonies).

Pretty soon there will be nothing but post-2011 $1 and $2 coins in circulation.
Edited by 1945V
12/17/2012 7:56 pm
Pillar of the Community
United States
1002 Posts
 Posted 12/17/2012  8:33 pm  Show Profile   Bookmark this reply Add canuck1us to your friends list
The loonies and toonies lack visual appeal after being in circulation for any length of time.
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 Posted 12/17/2012  8:38 pm  Show Profile   Bookmark this reply Add Windchild to your friends list
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Canada
263 Posts
 Posted 12/17/2012  11:13 pm  Show Profile   Bookmark this reply Add AZTAMT to your friends list
Agree as well
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Canada
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 Posted 12/18/2012  12:13 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list
I was amazed at how worn the loon dollars were in more remote places in Canada, where change continuously circulates. I picked up several 1988 loons in Iqaluit back in April of this year, worn right down to VG grade...
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 Posted 12/18/2012  12:59 am  Show Profile   Bookmark this reply Add 1967Canadapenny to your friends list
You were in Iqaluit? Cool One of the many places I've wanted to visit up north.


Quote:
worn right down to VG grade...


Unlike, a lot of members here who don't like well traveled coins I love em'
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Canada
1005 Posts
 Posted 12/18/2012  08:01 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list
1987-1993

25-Years-Of-Loonies,-How-Have-They-Fared?
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 Posted 12/18/2012  08:04 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list


25-Years-Of-Loonies,-How-Have-They-Fared?
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 Posted 12/18/2012  09:39 am  Show Profile   Bookmark this reply Add canuck1us to your friends list
^ There is nothing about circulated loonies like those that would make me want to have them in my collection.....dull and dirty looking. Too bad they weren't designed with a better finish.
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 Posted 12/18/2012  10:08 am  Show Profile   Bookmark this reply Add TheForce to your friends list
Them Loonies sure do look nice when they are minty fresh!
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Canada
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 Posted 12/18/2012  10:40 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list
That is an average handful. Proof like strikes are all I keep.
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 Posted 12/18/2012  11:08 am  Show Profile   Bookmark this reply Add lyradnoj to your friends list
They do seem to be doing their intended job. I doubt any bills that old would still be in circulation.
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 Posted 12/18/2012  11:11 am  Show Profile   Bookmark this reply Add 1967Canadapenny to your friends list
Thanks for sharing

I don't know why but those coins appeal to me, I like that finish, its sort of like the chocolate brown that old cents get from circulation. I'm wondering how the new coins will hold up though, will they disintegrate? The new loonies don't have that pink-gold luster when new, they are some sort of shade of green-gold. Our dollar coins here down south are roughly the shade of the old loonies, which is nice, and with our bureaucratic mint I doubt they will every see much circulation, much less be made with plated steel. But anywho, does anyone know why they changed the plating from bronze to brass? Was it only a cost cutting measure, or was it something to do with getting it to bond with the steel core. Thoughts?
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 Posted 12/18/2012  11:22 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list
The handful I grabbed up out of my cash box at work luckily had lots of these older loonies to provide the photos.
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