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Security Features On Coins

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SilverDon's Avatar
Canada
2360 Posts
 Posted 01/08/2016  08:33 am  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
The 2015 Uncirculated Set includes business strikes of all coins. I don`t see the 2016 Set up for sale yet.
The security features exist on the Toonie and Loonie.
See photo.
http://www.mint.ca/store/coins/unci....Vo-5eBUrLIU

Edited by SilverDon
01/08/2016 08:34 am
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chequer's Avatar
Canada
4227 Posts
 Posted 01/08/2016  09:02 am  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply

Quote:
I remember a story about .50 cents coins that was being counterfeited, it was back in the mid-70's or so. this guy was using a drill press in his basement, when he was caught at the end his work was so good that they could not tell the real coins from his, and to this day some are still out there. the cops said looking at how he was doing and the detail that he put into his work it costed him .49 cents for each coin he made.
I guess that's "a penny eared is a penny saved."


That sounds similar to this story.

https://goccf.com/t/181992
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pocket change 50's Avatar
Canada
1751 Posts
 Posted 01/08/2016  5:20 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
According to the mint answering question on the 2016 set, no security feature on the loon. I wonder if they stopped on the toonie as well. Rather odd to start using the security feature in 2012 and stop it in 2016.
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Canada
1505 Posts
 Posted 01/08/2016  6:44 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
It is probably a way to drive more set sales, considering they are now regular circulation coins and can get them at FV, why pay $25 for $3.90 in coins. Make it a little different and the hardcore collector will buy.
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pocket change 50's Avatar
Canada
1751 Posts
 Posted 01/09/2016  01:07 am  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
This must mean the 2016 coins for circulation will be missing the security feature. I originally figured it was a mistake with a stock photo. Then someone asked a question on the mint site to clarify. I much prefer the old nickel coins, these new plated ones discolor fast. They are not a nice looking coin when aged a bit.
New Member
19 Posts
 Posted 01/11/2016  01:30 am  Show Profile   Bookmark this reply Add cadre to your friends list Get a Link to this Reply
I hope they go back to bronze plating. The new brass coins do not age well at all.
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unruhjonny's Avatar
Canada
514 Posts
 Posted 01/12/2016  12:09 pm  Show Profile   Bookmark this reply Add unruhjonny to your friends list Get a Link to this Reply
oh crap...

the mint has just suckered me into collecting 2016 coins.

I personally thought the security features were a lame ploy to excuse the steel plated coins - and I never cared for any of it.

http://www.mint.ca/store/coins/2016....VpUyghUrLD4
New Member
Canada
8 Posts
 Posted 01/17/2016  10:43 am  Show Profile   Bookmark this reply Add vader to your friends list Get a Link to this Reply
i just received my 2016 uncirculated set from the Royal Canadian Mint and they still have the security features on the loon dollar and two dollar coin, yet if you look at the mint's website they are clearly being sold without these features. interesting. possibly an error set?
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Canada
5324 Posts
 Posted 01/17/2016  10:50 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
More lightly the RCM used the wrong photos, they created these useless security feature just for an excuse to recall all the previous loonie and toonie, just a tremendous cost to vending business and a way to create a make work projet.
New Member
Canada
8 Posts
 Posted 01/19/2016  10:54 pm  Show Profile   Bookmark this reply Add vader to your friends list Get a Link to this Reply
I was contacted by the Royal Canadian Mint and was assured that the stock photo used without the security features on the two dollar and one dollar coins was an error.the uncirculated set for 2016 definitely contains coins with security features.
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