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Now A Counterfeit Loonie With Security Feature

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Bond632's Avatar
Canada
98 Posts
 Posted 11/22/2020  9:21 pm  Show Profile   Bookmark this reply Add Bond632 to your friends list Get a Link to this Reply
I am curious as to what leads people to think that this coin is counterfeit? Looks like a regular loonie that someone took a sandblaster to. On the toonie, the bears paw and certain digits are obviously different, but I don't see anything out of the ordinary that would point to counterfeit on this coin.
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westernsky's Avatar
United States
7621 Posts
 Posted 11/23/2020  01:23 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
The only sure-fire method to determine authenticity that I know of is to have the coin sent off for 3rd party grading and verification. Unless I had a bet on it I wouldn't waste money on it.

The coin just LOOKS BAD but remember we only are looking at pictures.

The granular surfaces, the lack of sharpness in the border beads and lettering screams "something ain't" right with this coin. Most likely, if you looked at enough other Loonies you would probably find similiar coins with the same problems.

Until the coin is subjected to further examination I still lean on the side of it being counterfeit based on what I see.
Valued Member
Canada
402 Posts
 Posted 11/23/2020  02:02 am  Show Profile   Bookmark this reply Add cdngmt to your friends list Get a Link to this Reply
Perhaps this old article will show the rationale of counterfeiting...and remember a counterfeiter's cost for the raw material will be far less than the mint's where uniform quality and checking are a significant cost the mint faces

The Canada Gazette says the current coins cost about 30 cents each to produce, while Kim says he's been told the new loonies and toonies will cost between four cents and six cents a piece. Jan 13, 2012
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coinsnpaper's Avatar
Canada
480 Posts
 Posted 12/19/2020  01:43 am  Show Profile   Bookmark this reply Add coinsnpaper to your friends list Get a Link to this Reply
he size and details of the border beads, the trees on the island, the jewels in the necklace, and the details in the security device do not look correct. The sandblast effect may come from casting- are the "sand" particles raised from the surface, or are they incuse? The counterfeit $2 show evidence of a black metal under the surface.
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coinsnpaper's Avatar
Canada
480 Posts
 Posted 12/19/2020  01:50 am  Show Profile   Bookmark this reply Add coinsnpaper to your friends list Get a Link to this Reply
There is evidence of black (lead, zinc, or tin) on the reverse where the surface is disturbed, and black shading on both sides. The letters are a little irregular, and the rims do not look accurate.
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coinsnpaper's Avatar
Canada
480 Posts
 Posted 12/22/2020  01:43 am  Show Profile   Bookmark this reply Add coinsnpaper to your friends list Get a Link to this Reply
Paisa, Do you live in the Toronto area? That is where the counterfeit $2 coins surfaced.
Valued Member
Canada
460 Posts
 Posted 09/28/2023  10:37 am  Show Profile   Bookmark this reply Add Enyaw to your friends list Get a Link to this Reply
Found this 2012 Security Counterfeit loonie and searched CCF to find this posting. Thought I would add some photos and the weight of the one I found for anyone who maybe interested. I labeled it 12SC-CF
The left coin is counterfeit in all of the photos. The biggest tell is the lack of laser security etching on the maple leaf and the colour/texture of the coin. The counterfeit was 6.25g and the regular one I used was 6.33g.
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Now-A-Counterfeit-Loonie-With-Security-Feature
Now-A-Counterfeit-Loonie-With-Security-Feature
Now-A-Counterfeit-Loonie-With-Security-Feature
Now-A-Counterfeit-Loonie-With-Security-Feature
Now-A-Counterfeit-Loonie-With-Security-Feature
Now-A-Counterfeit-Loonie-With-Security-Feature
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Canada
9864 Posts
 Posted 09/28/2023  11:41 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Looks like a well worn coin that's been exposed to some sort of harsh environment.
Perhaps it was a fountain coin or buried for awhile.
The weight is spot on, your genuine coin is actually heavy.
There is no proof that this is a counterfeit, you'll need to have it XRF tested or certified by a TPG.
Unlike the camel toe toonies which have a number of markers to distinguish them from the real thing your coin has nothing like that, only your feeling that it doesn't "look right".
You need to do more investigation before you can declare it counterfeit.

PS does it stick to a magnet?
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
09/28/2023 11:47 am
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Canada
2301 Posts
 Posted 09/28/2023  5:57 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
I do not see the typical signs of Chinese work. As DBM states, I believe that this coin has been slightly corroded as all design elements look right but mushy so to speak. IMO this coin is real.
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HondoB's Avatar
United States
25327 Posts
 Posted 09/28/2023  6:01 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Question for my Canadian friends: what happens if you put a camel toe toonie in a vending machine?
Inordinately fascinated by bits of metal with strange markings and figures
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ShareBear's Avatar
Canada
499 Posts
 Posted 09/28/2023  9:14 pm  Show Profile   Bookmark this reply Add ShareBear to your friends list Get a Link to this Reply
The camel toe toonies work in vending machines.
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HondoB's Avatar
United States
25327 Posts
 Posted 09/28/2023  9:53 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Oh dear. Didn't realize they were that good of fakes.
Inordinately fascinated by bits of metal with strange markings and figures
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