Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

25 Years Of Loonies, How Have They Fared?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 17 / Views: 3,709Next Topic
Page: of 2
Pillar of the Community
1967Canadapenny's Avatar
United States
965 Posts
 Posted 12/17/2012  6:34 pm Show Profile   Bookmark this topic Add 1967Canadapenny to your friends list Get a Link to this Message Number of Subscribers
Hi Everynumismatist


So after 25ish years in circulation how have the 1987-1990 loonies fared in circulation? What is their average grade? I'm wondering because my new grey cup loonie pocket piece is already extremely tarnished and beat up after only a week in my pocket, are the old loonies different? As always
Pillar of the Community
Bm0ney's Avatar
Canada
1005 Posts
 Posted 12/17/2012  6:43 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
Very prone to wear with large flat fields. The nice shine goes away extremely fast in circulation due to wear and tarnishing to a dull colour. It is surprising to see a nice Loonie from the eighties in change.
Pillar of the Community
noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 12/17/2012  7:16 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply

Yeah, all of the ones past 2005 or so are dull in color. Don't think I've found a really nice loonie past 2008.

As soon as they are in circulation for a full year, all they're worth is a loonie
(Yeah, exculding errors and all that)
Valued Member
OddCoins's Avatar
Canada
271 Posts
 Posted 12/17/2012  7:41 pm  Show Profile   Bookmark this reply Add OddCoins to your friends list Get a Link to this Reply
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
1945V's Avatar
Canada
386 Posts
 Posted 12/17/2012  7:55 pm  Show Profile   Bookmark this reply Add 1945V to your friends list Get a Link to this Reply
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
canuck1us's Avatar
United States
1002 Posts
 Posted 12/17/2012  8:33 pm  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply
The loonies and toonies lack visual appeal after being in circulation for any length of time.
Pillar of the Community
Windchild's Avatar
Canada
1411 Posts
 Posted 12/17/2012  8:38 pm  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
Valued Member
AZTAMT's Avatar
Canada
263 Posts
 Posted 12/17/2012  11:13 pm  Show Profile   Bookmark this reply Add AZTAMT to your friends list Get a Link to this Reply
Agree as well
Moderator
Learn More...
SPP-Ottawa's Avatar
Canada
10458 Posts
 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 Get a Link to this Reply
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...
"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
Pillar of the Community
1967Canadapenny's Avatar
United States
965 Posts
 Posted 12/18/2012  12:59 am  Show Profile   Bookmark this reply Add 1967Canadapenny to your friends list Get a Link to this Reply
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'
Pillar of the Community
Bm0ney's Avatar
Canada
1005 Posts
 Posted 12/18/2012  08:01 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
1987-1993

25-Years-Of-Loonies,-How-Have-They-Fared?
Pillar of the Community
Bm0ney's Avatar
Canada
1005 Posts
 Posted 12/18/2012  08:04 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply


25-Years-Of-Loonies,-How-Have-They-Fared?
Pillar of the Community
canuck1us's Avatar
United States
1002 Posts
 Posted 12/18/2012  09:39 am  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply
^ 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.
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 12/18/2012  10:08 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Them Loonies sure do look nice when they are minty fresh!
Pillar of the Community
Bm0ney's Avatar
Canada
1005 Posts
 Posted 12/18/2012  10:40 am  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
That is an average handful. Proof like strikes are all I keep.
Pillar of the Community
lyradnoj's Avatar
Canada
548 Posts
 Posted 12/18/2012  11:08 am  Show Profile   Bookmark this reply Add lyradnoj to your friends list Get a Link to this Reply
They do seem to be doing their intended job. I doubt any bills that old would still be in circulation.
  Previous TopicReplies: 17 / Views: 3,709Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums