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 Replies: 103 / Views: 13,578 |
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Pillar of the Community
Canada
5324 Posts |
Look on ebay for the asking and few sale of the GITD toonie in boxes, there is no more bulk order dept. at RCM so only way to get full boxes are through bank or money courier connections |
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Pillar of the Community
Canada
6767 Posts |
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That is it!! Is everyone hoarding these or are they being sold only to dealers to sell with a premium? Who knows! I have same feeling, as was able to find only 2 Loonies in the change. But here my observation regarding "everything hoarding" Out of my 5 colleagues at the work, no one aware of new coins, despite the fact, that on January I sent them screenshots from the 2017 set. One more guy told that "some first in history glow in the dark coin suppose to come" - this is all what he knows. This supports the fact : "general public" doesn't care about any coins - NCLT or circulation, however some of them might be aware of GML / SML bullion, cause on monthly basis buy 1/10 oz GML from Scotia Bank (as example) |
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Pillar of the Community
Canada
3690 Posts |
I did get a roll of toonies from my local bank but it's probably quite random. The teller didn't know that the GITD coins are mixed with non colour toonies in the paper wrapped rolls so when she 'sold' them to me, she said she didn't know if they were GITD or not. No one at the bank seemed to know either - clearly they are not collectors. lol. I have not tried to get any of the other coins from a bank though. Funny too than anyone I asked about the GITD toonies (friends etc.) have no idea or interest and most have never heard of them. Many people just don't care about coins.  What is wrong with people?! Edited by CC-Ottawa
07/19/2017 2:16 pm
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Pillar of the Community
Canada
2845 Posts |
A teller at a CIBC said all staff were given a commemorative set of 2017 coins, so she was aware of GITD toonies.
Otherwise though, no one that I've randomly spoken with is aware of them either, (nor the $10 banknote). It's really too bad more didn't trickle into circulation and even the hoarders will have no market if noncollectors don't know to become interested. Although the media publicized all the winning designs awhile back, it seems our Canadian govt has all but sidestepped from any real focus on them.
As part of the 150 municipal celebrations supported by govt funding it's unfortunate the 150 coins couldn't have been highlighted in some manner. If not handed out as part of the celebrations, even just a coin exchange.
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Pillar of the Community
Canada
2984 Posts |
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Many people just don't care about coins. What is wrong with people?! Because we have become a cashless society. Back in 1967, practically all people used coins and paper currency to pay for things. Widespread use of credit card have not taken place. There were no such thing as debit cards let alone bank cards. And today? Apple Pay and paying for purchases with a touch of a card. Transit cards by touching a pad. And kids today they don't care about coins at all given the many electronic distractions we have today compared to back then. |
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Valued Member
Canada
354 Posts |
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Pillar of the Community
 Canada
1027 Posts |
There have been many planned coin exchange events in Ontario. I had a number of invitations either to exchange for a coloured quarter or a new loonie; however, not an invitation to exchange for a coloured or non coloured toonie. I did not go to any of these events nor would I have gone for a toonie exchange.
I give collection coin gifts to many family members and they are very happy to add to their stash. I am now participating in many coin auctions (losing most) and I still find that people are willing to pay a premium on coin rolls as well as paper money. When I hear that we are heading towards a "cashless society" it truly makes me laugh. Give a kid a hundred dollar bill and see the expression on their face. The "WOW" factor is still there vs handing over a gift card. For now, I still say that cash is King and these packaged rolls are cash.
When I go to pay for items, it is so easy for me to spend more when I use debit or credit; however, it seems to hurt more when I pull out cash from my wallet to pay. Tell any tradesman that you are willing to pay cash vs credit or debit and they will jump at the chance to give you a discount; so that is why I say, for now, "Cash is still King".
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Pillar of the Community
Canada
6767 Posts |
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When I go to pay for items, it is so easy for me to spend more when I use debit or credit; however, it seems to hurt more when I pull out cash from my wallet to pay. Tell any tradesman that you are willing to pay cash vs credit or debit and they will jump at the chance to give you a discount; so that is why I say, for now, "Cash is still King". This is my thought as well. But, together with this, the real life example: In the cafeteria at my work place, and it's real big one, you can not use cash. Debit or credit card only. When one says "here, please, I have some change, want to pay with it for the coffee", the merchant smiles and reply : "please go to Tim Hortons, they will accept your cash" And recently, I've seen people pay somehow with their mobile phones, just kind of touch, and paid....looks like they charged via they wireless account or something like this. Edited by Silveroid
07/20/2017 07:44 am
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Valued Member
Canada
83 Posts |
Unsure who is to blame for lack of distribution of coloured toonie into hands of the kids it was surely meant for, but it is a disgrace. Suspect there is a paucity of embarrassment in the relevant offices. I watched the vid of Pollard sanctifying the sawbuck. Sounded like he was duly informed of why he was there, content not-withstanding- right before getting in front the lecturn. Important to be able to convincingly fake it in that particular appointment. At least the bill is ugly. If I ever get my hands on the coloured toon I will hoard them for use as gratuities, especially for younger folks, who will doubtless wonder what it is. I'll explain it every time. Here's a headscratcher: https://www.bloomberg.com/view/arti...remains-king |
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Pillar of the Community
Canada
2984 Posts |
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When I hear that we are heading towards a "cashless society" it truly makes me laugh. Give a kid a hundred dollar bill and see the expression on their face. The "WOW" factor is still there vs handing over a gift card. For now, I still say that cash is King and these packaged rolls are cash When I go shopping, which is almost everyday, I see 70-80% people using either debit or credit. The only stores where cash is king are the ethnic stores. I also see that the elderly use cash more often than younger people. Young people in the 20's and 30's almost exclusively use plastic. Plus do forget online shipping has expanded greatly. You certainly don't use cash buying online. Finally, you get cash back, rewards, or points when you use credits cards. Which you don't get with using cash. Of course coin and currency will never go away but just become a smaller proportion of payment. |
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Pillar of the Community
Canada
3690 Posts |
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Many people just don't care about coins. What is wrong with people?! Quote:
Because we have become a cashless society. Back in 1967, practically all people used coins and paper currency to pay for things. Widespread use of credit card have not taken place. There were no such thing as debit cards let alone bank cards.
And today? Apple Pay and paying for purchases with a touch of a card. Transit cards by touching a pad.
And kids today they don't care about coins at all given the many electronic distractions we have today compared to back then. Lol. My question was meant as humour/irony/satire. People not caring about coins...on a coin forum.  But it is funny that there is so much talk about cashless society and the like yet governments all over the world, including our own, create billions of new coins and notes every year.... IMO, 'cashless' is a myth for now and the foreseeable future, and is promoted by the good folks in the banking, financial and credit card industries. Maybe in the distance future but not anytime soon. Remember 40 years ago? They told us we would soon be a paperless society too....that didn't happen either. Nor did the 4 day work week or freedom 55 for most people, common flying cars etc. etc. |
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Pillar of the Community
Canada
6767 Posts |
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Nor did the 4 day work week or freedom 55 for most people, common flying cars etc. etc. this is good one. Clearly was seen in the "Back to the Future 2" From all of the 2015 "projected stuff" we have in the common use only the video-conference (at the work, don't believe that people use it on mobile phones) ...and I hate each and every time in the grocery stores to make additional action by pressing "NO" under the "Cashback" prompt, cause even have no idea what it is. |
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Moderator
 United States
54280 Posts |
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...and I hate each and every time in the grocery stores to make additional action by pressing "NO" under the "Cashback" prompt, cause even have no idea what it is. If you say yes, they will add an amount to your bill and give it to you (back) in cash. Could save a trip to the ATM or bank to get cash if you needed it. |
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Pillar of the Community
Canada
6767 Posts |
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If you say yes, they will add an amount to your bill and give it to you (back) in cash. Could save a trip to the ATM or bank to get cash if you needed it.
Thank you for sharing! |
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Valued Member
Canada
393 Posts |
If you check with the the Bank of Canada officials they will tell you that banknote production has increased steadily to meet consumer demands.
Given the options, the choice of payment should always be left up to the consumer and not enforced (ie: debit card or credit card only). Cash transactions are much simpler and take less time to process.
When you receive a new commemorative 2017 coin in change be sure to ask if you can purchase a colourized version. Chances are that you will get at least a few if you ask nicely given that the teller likely has no idea or even cares what is in the roll.
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Replies: 103 / Views: 13,578 |
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Posted 07/19/2017 2:09 pm
