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 Replies: 13 / Views: 1,752 |
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Rest in Peace
1988 Posts |
I have always wondered a couple of things that to me just didn't seem to make a lot of sense.. First the obverse is the Queen, and be truthful, everyone looks at the reverse cause that is where the date is most of the time...To me the front of the coin is the reverse...Maybe it should look like the coin below if they insist on calling the Queen side the front...   Second, why do they circulate coins in such uneven numbers like below..  Loonies 1987 : 205 405 000 1988 : 138 893 539 1989 : 184 773 902 1990 : 68 402 000 etc.etc. Why don't they round off the numbers like I have shown below...? Loonies 1987 : 200 000 000 1988 : 150 000 000 1989 : 200 000 000 1990 : 75 000 000 etc.etc. Am I missing something, or does what I say make any sense..?Edited by wert
04/24/2014 5:03 pm
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Pillar of the Community
Canada
2632 Posts |
Quote:
Am I missing something, or does what I say make any sense..? Quote:
and be truthful No..  |
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Moderator
 United States
23522 Posts |
That's not really very nice, pennyman007. Were you born fully-informed regarding numismatics? How many of the nearly-150 people who have already read this thread containing 2 posts are new collectors who have the same question?
It would set you in better light if you were to offer the answers to those questions rather than ridicule.
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Valued Member
United Kingdom
183 Posts |
the obverse, head side of a coin is always the front.
on many/most british circulating coins, the date is on the
head side.
HH
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Pillar of the Community
Canada
2632 Posts |
Sorry about that SsuperDdave I was just trying to spark up some humor with Wert.
I dont have an answer for how many coins are minted yearly by the Mint but its all big business and there are probably many different reasons.
Wert...Good question but a lot of factors would come in to play here. I'm sure statistics from what banks and armored car companies have left in stock is one. Considering the Mint makes coins for lots of other countries and has recently expanded its production in Winnipeg then I would also assume the costs of metals plays a role and clearing old stock and finding bargins on materials all come into play. Do they count the amount of blanks punched out or the amount of coins actually leaving the mint? Filling orders can bring in odd numbers and rejecting minted coins due to damage can change things too. For those reasons and many more its a tough question.
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Rest in Peace
 1988 Posts |
Hi HawkHybrid...But don't most of or all the big English Cents have the date on the reverse..?
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Pillar of the Community
United States
1431 Posts |
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Hi HawkHybrid...But don't most of or all the big English Cents have the date on the reverse..? On British coinage Pre-Decimalization, the date was almost always located on the reverse. On the modern Decimal coins however, the date is almost always on the obverse. Also, Britain has pennies, not cents. |
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Rest in Peace
1988 Posts |
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Also, Britain has pennies, not cents. WOW..Bad time to log on..That's twice some one beat me up today..  |
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Pillar of the Community
Canada
2632 Posts |
Wert..I know you have a sense of humor and I was only joking with you not beating you up. Sorry if it offended you. I feel like SsuperDdave is beating me up for trying to joke with you. I guess my sense of humor is simply different than some, so I'll refrain from using any humor and stick to business only.  |
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Pillar of the Community
Canada
2805 Posts |
Quote:
Second, why do they circulate coins in such uneven numbers like below..
Loonies
1987 : 205 405 000
1988 : 138 893 539
1989 : 184 773 902
1990 : 68 402 000
etc.etc.
Why don't they round off the numbers like I have shown below...?
Loonies
1987 : 200 000 000
1988 : 150 000 000
1989 : 200 000 000
1990 : 75 000 000
etc.etc. They need to count the actual number of coins produced, yes? I assume that some years there's more uncertainty than others due to random factors. But there is no reason or benefit to halting production once they've reached a big round number of coins made. |
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Rest in Peace
1988 Posts |
pennyman007...No offence taken my friend..I do have a good sense of humour and I did like your reply..  Quote:
so I'll refrain from using any humor and stick to business only. DON'T YOU DARE...
Edited by wert
04/25/2014 8:28 pm
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Pillar of the Community
 Canada
9866 Posts |
Obverse means front, reverse means means back. Parliament not the mint decides which side of the coin is the obverse and what shall appear there.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
726 Posts |
The Canadian mint used to be a lot more Royal,,,I guess about 2004 they changed to become more bussiness like..Or Corporate if yu say...Not so interested in Canada's interest as a country- More bottom line to make Profit...I say it worked..Money that used to go to the collector that owned and stored the coin for 10-20 or 40 years got the money when he sold, now mint wants this money right at first sale...For example 10.oo roll of 25c mint started selling at 12.95, then 14.95, then 16.95....It takes years for that kind of extra to accumulate..Just my opinion-sorry government persons...
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Valued Member
Canada
329 Posts |
reverse, obverse?
but as far as the mint numbers go, I would imagine it works like a factory, pumping out as many coins as you can, till someone higher up says the demand has been met, halt operations. also the coins taken back for the alloy recovery program have to be replaced, so maybe the numbers are round + the replacement coins? just a thought.
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Replies: 13 / Views: 1,752 |
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Posted 04/25/2014 11:48 am
