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Replies: 22 / Views: 3,423 |
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Valued Member
Canada
78 Posts |
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Pillar of the Community
Canada
9149 Posts |
Whats wrong with the new toonie it is nice and colourful, plus if they don't put out new ones it would get boring collecting them,
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Valued Member
Canada
275 Posts |
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Pillar of the Community
Canada
5238 Posts |
There is nothing wrong with the design of the toonies, but I just can't keep up with all the new issues. They are touted as a coin for circulation, but you'd have to see hundreds of old ones before you saw a new one. That plus I rarely use cash (except at coin stores) anymore, so I just have to bite the bullet and pay 2-3x face value from a dealer. It's not that a big deal compared to all the other coin items I get.
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Bedrock of the Community
United Kingdom
17883 Posts |
At least you DO get to see these coins in circulation in Canada. In the UK we have had an avalanche of new 50p and £2 coins since 2016 that haven't been issued for circulation, and we can't get loose 38mm cupro-nickel £5 coins for face value from the banks any more - we have to pay about double face value and order them from The Royal Mint, Westminster Collection or the Koin Club.
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Pillar of the Community
Australia
9352 Posts |
Down here in Aus, I think all of us collectors are over the flood of $2 coloured coins and the hoops we have to jump through to acquire them.
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Moderator
 United States
187572 Posts |
Very interesting. I would just be happy to have any circulating two dollar coins down here. 
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Bedrock of the Community
United States
94367 Posts |
I think I remember using coins about 10 years ago.
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Moderator
 United States
187572 Posts |
Quote: I think I remember using coins about 10 years ago. Two dollar coins? In America? 
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Pillar of the Community
 Canada
1765 Posts |
I'm on the bring them on side. An easy collection to fill for new collectors and look forward to the new ones. I want nice examples, so a show buy for me. A couple of issues a year isn't breaking the bank.
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon... In memory of Tootallious March 31, 1964 - April 15, 2020 In memory of crazyb0 July 27 2020. RIP. In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
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Bedrock of the Community
United States
94367 Posts |
I honestly haven't used coins in many years. If I pay with bills, which is seldom, and get change back, I just say "keep it".
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Pillar of the Community
Australia
9352 Posts |
Quote: A couple of issues a year isn't breaking the bank. That's true, but wait until the mint realises they can make some good money from collectors on these coins. Last year we had 20 colourised $2 coins and 6 non colourised. A lot of these are issued through shops like Woolworths, only in your change, so it means multiple trips to the shops in hopes of getting them, or pay $6+ each on ebay.
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Pillar of the Community
Canada
9149 Posts |
For the $2 coin here they say they will be in circulation but every seldom do I see them up here, so it's get them from a dealer for 2 to 3 times face or buy a roll from the mint , a roll is $50 they want $79 plus tax and shipping some times . it adds up when you do it this way.
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Moderator
 United States
187572 Posts |
Quote: I'm on the bring them on side. An easy collection to fill for new collectors and look forward to the new ones...  Quote: I honestly haven't used coins in many years... I understand that. It is why I have to buy mint sets now. I was just picking at any of us using two dollar coins down here.  Quote: That's true, but wait until the mint realises they can make some good money from collectors on these coins... Victims of success and excess. 
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Moderator
 United States
187572 Posts |
Quote: ...so it's get them from a dealer for 2 to 3 times face or buy a roll from the mint , a roll is $50 they want $79 plus tax and shipping some times . it adds up when you do it this way. I rely on coin shows for the single examples of the "sold by the Mint in bulk" issues. It can be slow going that way, as the number of dealers willing to do that has dwindled over the years.
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Pillar of the Community
Canada
999 Posts |
Whenever a new circulating commemorative loonie or toonie comes out, a guy in my local coin club goes around to different banks to try to get a roll. If he's not successful, he'll buy a roll from the Mint. Then he sells the individual coins at the next meeting. I usually buy from him as he's not looking to make a massive profit doing this, the latest toonie was $6 total for the coloured and non-coloured versions.
My other options are trying to get a new roll from the bank or searching through rolls after they have been out a while or trying to find one in change. These options take a lot of time, cause me anxiety and don't usually work out too well.
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Replies: 22 / Views: 3,423 |