Where Are The 2016 Coins!?

There have been some I have seen in high grade ICCS flips the last couple of weeks. Probably coming from sets and/or rolls. Probably start showing up in circulation around the end of March.

I will probably go to the mint sometime around the 12th... I have to pick up some for a few of the forum members here...

I picked up some rolls of 2016 quarters this week and one roll of 2016 dimes from a TD branch. Also found two rolls of the new women's loonie. No nickels or toonies yet.

Canacoins, for simplicity sake, one could think of stores or bank branches somewhat like a distributor of coin to the general public, and Loomis/Brinks etc/Bank currency centres as their supplier, with the Bank of Canada through RCM as the manufacturer. When the distributors run short of coin they order more, and if their supplier requires more to fill the coin orders because they're not taking in enough excess, only then is new coin bought from BofC.

There's no process whereby certain amounts of new coin is automatically distributed or allotted. Some years the Bank of Canada/RCM mints more, less or even none, depending on forecasts for demand and current volumes stockpiled by suppliers.

Maybe of interest to consider, other than through the Alloy Recovery Program or by coin removed from circulation by collectors, eventually it would reach a point of no requirement whatsoever for any new coin - added reason because of popularity of cashless options, demand is reduced.

Yes, then the metal in older coins is recycled by the mint, the steel plated coins are cheap to produce, one new loonie or toonie only costs a few cents to make. Out with the old, in with the new... As I recall, the most recent round of ARP has been ongoing since about 2004 so it's a slow gradual process and quite possible it's taken this long for roll hunters to notice the effect.

There's another reason too, unlike mutilated banknotes, coin is not ordinarily redeemed or exchanged from the Bank of Canada. So if it wasn't ever officially recalled through programs like the ARP, after many years or decades of circulation it eventually would become heavily worn. I'd expect that would reflect very poorly on Canada and RCM, more what one might expect to see in a third world country.

I just picked up 10 rolls of 2016 quarters from a TD.

To pick up right from the mint it's 5% above face value.... (the exception is the rolls of 50cent pieces)

Or you can get them at face from the bank or a store etc.

Last time I went to the mint they didn't have any, I'm sure by now they will have their rolls for sale in their boutique.

I am planning on going over the border to the coin show in Windsor this Sunday (5/1/16) and thought I could get my 2016 Canadian coins from some of the dealer's pocket change; but from what I hear here it's still a little bit too early. I know of a couple banks there that are open on Sundays, so I might pop into one of them and see if I can finagle some from them.
Of course, I already have the 2016 set from the RCM, but it's not the same as getting coins in circulation. Pocket-change finds are WAY more enjoyable!