2012 Steel Loonies & Toonies - Coin Community Forum

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Author	Replies: 5 / Views: 1,831
canuck1us Pillar of the Community United States 1002 Posts	Posted 03/09/2012 11:22 pm Does anyone know if the current Toonies that are found in the rolls are of the new steel composition? I know the ones in the uncirculated sets are nickel/copper but didn't know if the ones produced for circulation in 2012 are produced that way. According to what I have read,they would be out late March or early April. I wouldn't have thought that they would have produced 2012 circulation coins in the old composition. Maybe the RCM rep on this forum could give some insight. Report this Post to the Staff

SPP-Ottawa Moderator Canada 10463 Posts	Posted 03/10/2012 08:45 am I have a roll of the 2012 loon dollars, they appear to be normal... Maybe I will put one under the XRF to confirm. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US My eBay store Report this Post to the Staff
canuck1us Pillar of the Community United States 1002 Posts	Posted 03/10/2012 09:11 am I hadn't seen any RCM press releases or anything about it other than the articles in January saying it would be late March or April when they would be out. Since it is already about that time, I was thinking that if they were issuing regular composition coins now then there wouldn't be quite so many of them before they switch over. Maybe the changeover is delayed. Report this Post to the Staff
littlemoney Pillar of the Community Canada 902 Posts	Posted 03/10/2012 12:45 pm The new loonies & toonies should weigh less. Loonie - 6.27 Toonie - 6.92 Report this Post to the Staff
Lithanial Valued Member Canada 451 Posts	Posted 03/10/2012 1:04 pm I wonder if they are going to keep the loons nickel this year, but switch over to steel for all of the commemoratives. Or even switch the loons over to steel half way through, creating two varieties. Report this Post to the Staff
Scissel Pillar of the Community Canada 693 Posts	Posted 03/10/2012 1:13 pm The new (further debased) loonies and toonies are supposed to have "security features" such as edge lettering. So I expect the designs will be noticeably different, rather than a simple composition change. The early 2012 loonies and toonies will be the keepers for collectors - lower mintage than what's coming. Report this Post to the Staff
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