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April 2017 RCM Releases

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Pillar of the Community
Canada
5324 Posts
 Posted 03/28/2017  9:55 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
As mentioned the coins are indeed circulation coins from Winnipeg but the wrappers are maybe NCLT
Pillar of the Community
Canada
2845 Posts
 Posted 03/28/2017  9:57 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:


I'm no expert but If you can unwrap the roll and take the coins to Tim Hortons to buy a coffee it's not NCLT; yes or no?



If it was considered non-circulating (NC), then the coin from the unwrapped roll wouldn't be recirculated by it being handed back out in change to somebody further down the line. Instead it'd have to be shipped to RCM for redemption.

Because the 2017 classic designs looks just like every other classic design, it'd be impossible to differentiate by year. Similar to proof or PL coin that get used as real money. Even though they weren't minted for circulation, they become circulated once spent for face value.
Edited by wildflowerAB
03/28/2017 9:58 pm
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commems's Avatar
United States
12250 Posts
 Posted 03/28/2017  11:13 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
The traditional design coins in the special wrappers are not NCLT - each is of the standard design and specification for Canada's circulating coinage and can easily be spent in daily commerce.

Many would classify them as NIFC coins - Not Intended For Circulation. The term is generally used to describe proof versions of standard circulation coins (whether in standard composition or precious metal) and to coins struck to circulation specifications but produced only for collectors vs. general release.

In the US, some of the coins the term applies to are:

- Kennedy half dollars dated 2002 and later. These coins stopped being issued for circulation in 2001 and could only be purchased in rolls and bags from the US Mint (at a premium) starting in 2002.

- Presidential dollars beginning in 2012.

- Sacagawea dollars dated 2002 through 2008.

- Native American dollars since 2009.

All of the small dollar coins mentioned above were/are not issued for circulation but could/can be purchased directly from the USM in rolls and bags.

I think Canada's 2017 specially-wrapped traditional design coins fit neatly into the NIFC category.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/28/2017  11:13 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
First off, I'm not arguing for nor against against what they get called. I'm just trying to establish what I believe to be a new first by the mint, what I'm calling the grey area. That is, coins that are stated by the mint to not expected to be found in change but of the exact same design and composition as coins from other years.

Many good points have been expressed. Sure, either 2017 design would be excepted at a Tim Hortons. I agree 100%.
But I also believe any of the 100+ giftware designs that include quarters with Santa, the tooth fairy, Christmas trees, balloons, party hats, etc, would also be accepted. Or from more recent times, the $1 coins in giftware sets.
Of course, with the traditional design 2017 coins, the only difference from any other year would be the date, so I'd bet they would be accepted 100% of the time while the tooth fairy quarter might eventually be second guessed.

The coins being minted at the same facility as regular circulation coins was also a valid point. It simply makes sense to use the same equipment if your essential making the exact same coins (with a different date).
Does anyone know where the giftware sets are minted? (Older coloured quarters vs. Specifically the newer loonies, as I would assume the loonies would be using regular design machinery.)
Does the location determine the classification?
Can coins in giftware sets also be considered circulation coins?
Has the RCM produced so many different design circulation quarters that the average person can't spot a giftware design?

This reflects negatively on the RCM I think. Simple a money grab. Commit to the Canada 150 design or don't. Especially when the mintages are not being reported. The traditional design should appear no where in any set, in 2017, making the 150 design truly special.

These coins simply should not exist.
(I have no relation to the 2017 traditional design twoonie found in 2016 that I read about on a different topic here on CCF, for those that followed that thread. Lol. )
Pillar of the Community
Canada
5324 Posts
 Posted 03/29/2017  12:29 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
All these special 150 circulating coins are minted in Winnipeg, silver and gold NCLT versions are minted in Ottawa, even with these rolls there is 10000 units along with at least 70000 of the other sets that we know of, so far from rare, if you are willing to pay about double face for the wrapper. As for the 2017 toonie found in 2016, looks like Winnipeg was already minting them in 2016 for all these sets and rolls
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T1Steel's Avatar
Canada
623 Posts
 Posted 03/29/2017  07:59 am  Show Profile   Bookmark this reply Add T1Steel to your friends list Get a Link to this Reply


Something thing I wanted to point out , was last year the RCM released the half kilo bear which it states on the mints page for that coin that it is the last coin in the Call of the Wild series.
April-2017-RCM-Releases

Coming up in this release is another 1/2 kilo silver Elk coin. They are calling the fourth coin in the series.
FOURTH COIN IN SERIES! Your coin is the fourth in the Call of the Wild series.
April-2017-RCM-Releases

I finished putting this set together last year thinking that this series was finished and now they do this.. Kind of pee me off. So much for the first 3 coins being the end of the series. Thank you RCM. Donkeys.

April-2017-RCM-Releases

April-2017-RCM-Releases
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Panda's Avatar
Canada
685 Posts
 Posted 03/29/2017  08:53 am  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply

Quote:

I finished putting this set together last year thinking that this series was finished and now they do this.. Kind of pee me off. So much for the first 3 coins being the end of the series. Thank you RCM. Donkeys.


That's the way MRC lost its most loyal customers.
Valued Member
SoulBrotherNo3's Avatar
Canada
330 Posts
 Posted 03/29/2017  09:17 am  Show Profile   Bookmark this reply Add SoulBrotherNo3 to your friends list Get a Link to this Reply
That's a great looking set T1Steel. Thanks for sharing. Sorry about the extension on the series. Weird they're putting a prey animal in now with all those predators.

I didn't buy a thing this month. The confederation coin is nice for sure but not interested enough and the rest of the series looks just meh. The rest of the offerings are just garbage IMO. Very disappointing.

The wrapped rolls are a total ripoff. Can't see spending double the face for circulation coins that won't be/aren't rare for an underwhelming wrapper and a plain, cheap case. Then paying tax on top of it.
When I first heard about the rolls I was interested but not at that price and poor packaging.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/29/2017  09:26 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
T1steel,

Is that a RCM case or is it something you made/bought and customized?
It is a great looking display. If it's from the mint, that makes the 4th coin even more annoying but I suppose that still better than if you had it made. You really have to read between the lines and all the fine print with things they put on their website.

As to the 4th coin, that is a let down. It's a tactic that has been used before, such as with the glass bugs/creatures which are still being made.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/29/2017  09:36 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
SoulbrotherNo3,

I thought the rolls would be cool as well but certainly not at 2X face value plus tax. As to them being rare.... Lol.
I still don't get why rolls of traditional designs are being issued (aside from bigger profits).
Could you imagine if you stumbled across a few rolls of traditional design 1967s? Defeats the whole purpose.
Rest in Peace
Dcadon's Avatar
Canada
1360 Posts
 Posted 03/29/2017  09:37 am  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
T1Steel, I'm in the same boat. In fact there are a number of other 1/2 kilo wildlife coins out there, but they definitively stated that the 'howling' series had come to an end with the third, and last coin, the Roaring grizzly bear. I was not prepared to drop another grand on a 4th coin this year. So, in the words of Dragon's Den - I'm OUT. Besides - do elk actually Growl, roar, or howl?
Edited by Dcadon
03/29/2017 09:38 am
Pillar of the Community
Canada
5324 Posts
 Posted 03/29/2017  10:02 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Simple, you buy them, we make them
Pillar of the Community
Canada
6767 Posts
 Posted 03/29/2017  10:32 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
T1Steel, I'm in the same boat. In fact there are a number of other 1/2 kilo wildlife coins out there, but they definitively stated that the 'howling' series had come to an end with the third, and last coin, the Roaring grizzly bear. I was not prepared to drop another grand on a 4th coin this year. So, in the words of Dragon's Den - I'm OUT. Besides - do elk actually Growl, roar, or howl?


Sorry guys, for your disappointment.
The series of 3 coins is perfect. Extension with the Elk, imo, is out of place. It nice coin, though.
Really, I don't think that this one is must for you...the series is complete with predators, ending the Bear.
Pillar of the Community
Canada
2845 Posts
 Posted 03/29/2017  10:42 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

Simple, you buy them, we make them.



Yes, RCM's mandate is become only buying. The art of collecting has gotten lost somewhere.

I can understand your frustration T1Steel considering your display. I'd feel cheated as well. Before I begin collecting a series, I like to know what to expect.

That's a great means of resistance DCadon. I notice now that the 4th has been released, no mention of series #. Is this another example of what RCM likes to label as "revived"? lol!
Pillar of the Community
Canada
634 Posts
 Posted 03/29/2017  10:53 am  Show Profile   Bookmark this reply Add Electrum to your friends list Get a Link to this Reply
Elk out of place yes
Leave your set as is - very cool
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