New To The Forum. Hello To All. Some Questions.

to the Community!

Your post was moved to the appropriate forum for the proper attention.

Welcome! I don't have an answer on the mintage question. However, I think Covid will have a very measurable negative impact on the use of coins in Canada going forward. I suspect mintages in 2021/2022/2023 will be down 50% from recent years--maybe more.

My guess is - based on similar historic instances due to strikes / commems / etc - is that although there was a brief closure of the mint in 2020, they will work overtime to meet their quota by the end of the year. Remember, they a re a crown corporation which is contracted to strike a certain dollar amount of coin per year - it is in their best interests to meet that total and maximise profit. This being said, as was implied above, in the coming years, without a clear solution to COVID-19, the use of physical money will suffer, and likely lead to 'knock-on' low mintages. This might take years to happen, and as a result, the 'curve' of demand might mean no perceptible impact on number of coins produced.

Welcome to the forum!
I agree with norantyki's comment about about circulation coinage.
In the past few weeks I have been monitoring the bullion coinage situation in Canada. Most large retailers are sold out of bullion products (gold, silver, and platinum). In mid-March, a local retailer was paying slightly below spot for silver bars, but now they are paying 10-20% above spot. My understanding is that this has to do with the supply chain. The mint in Winnipeg is closed, and a lot of bullion is on back-order.
Sooner or later the mint would have to fill these back-orders. Given the large demand for bullion recently, the mintage for 2020 bullion products may even incre ASE

welcome 1960


as far as mintage volume due to contagion, I am not sure that it will have the desired effect as some might expect.

if mintages of say 2021 twoonies drops from 200,000,000 to 2 million will they (2021 $2) be worth "investing in"?

honestly I think not, or at least a good return on investment won't be seen in our generation. why? because every collector out there will hoard as many mint state rolls as they can.

a foreseeable drop in mintages will result in hoarding to the point that MS coins will still out number collectors, rendering them "not so valuable".

now, an unforeseeable drop in available volume (like the 2012 non-security $1 & $2) is a completely different animal. but hey, if only we could see the unforeseeable (ie, apple stocks @ $1.48)

interesting times ahead for sure, not only for the future of hard (contaminated) cash, but also the world in general.

BE SAFE ALL