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2022 Canadian-- Black Ring Toonie for two, RCM SP WRAP FREE SHIPPING read ad

$ 8.44

Availability: 77 in stock
  • Certification: Uncertified
  • Country/Region of Manufacture: Canada
  • Condition: From RCM Special Wrap Rolls, not bags. Special handled from mint die to your door.
  • Grade: Ungraded
  • Denomination: Two Dollars (Toonies)
  • Circulated/Uncirculated: Choice select from RCM SPECIAL WRAP ROLLS

    Description

    2022 Canadian Black Ring Toonie. Free shipping From Royal Canadian Mint Special Wrap Rolls. The picture of the RCM INVOICES is your assurance the coin you buy only traveled from the Mint to Me and then to YOU. The only Canadian Coins I sell are direct from the Mint. Special Wrap Rolls are a money maker for the RCM, as well as their other Coin Products. The Special Wrap Rolls are not bagged, and released to the coin supply chain. Examples coming from SW Rolls, are not perfect, but are subject to better handling, giving less chance for bag marks, and other wear in the coin supply chain. Might as well have the best.
    This circulation coin is a solemn tribute to Queen Elizabeth II (1926-2022) that marks the end of a historic reign. Like a mourning band, the black outer ring surrounds the polar bear design at the centre of the coin’s reverse. The same effect carries over to the obverse, which features the effigy of Queen Elizabeth II. Like her effigy itself, she was a constant presence in the lives of Canadians, who will forever remember her unwavering dedication to public service and deep affection for Canada.
    You are buying 2 QEii limited mintage Canadian Coins Toonies from special wrap rolls for / with free shipping.
    The
    "BLACK RING TOONIE"
    coin was recognized as the
    "Best New Circulating Coin or Coin Series"
    under the International Association of Currency Affairs (IACA) 2023 Excellence in Currency Awards.
    Do not be fooled by cheaper price coins.
    Special wrap coins are handled differently than regular circulation coins. They are not dumped into large bags and shipped to banks and into the coin supply chain.
    A special wrap example will be a better quality coin.
    Less nicks and scratches due to being handled more carefully. Special wrap is a collectors coin, sold by the RCM at a premium, because of the handling. Your package will be shipped First Class with tracking.
    The following report by The Canadian Press was first published May 4, 2023.
    The mint produced about five million of the toonies, amounting to about one for every eight Canadians.
    "So if you had one, seven of your friends couldn't," Cutler said.
    When the coin was due to be released in December, he contacted the mint and was told there were none left, so he scrambled to buy two boxes, or 1,000, of the toonies collectively worth ,000 from a distributor.
    Within a month and a half, 700 had sold for apiece and his listing on Facebook Marketplace had racked up more than 10,000 views, far higher than the usual coins he sells which typically nab less than 100 views.
    Most of Cutler's buyers weren't collectors or even royalists.
    "They just wanted to have something from Queen Elizabeth from her death," he said.
    Jared Stapleton's customers weren't collectors either, but people who saw the queen as a grandmother-like figure.
    "People really love the queen," said the owner of the Metro Coin and Bank Note shop and director of the Toronto Coin Expo scheduled for May 5 and 6. "Whether they've met her or not, I think they can relate to her."
    Stapleton snatched up ,000 worth of the toonies and estimates he only has ,000 of the coins left. He's sent them to buyers all over the globe, like Cutler who had customers as far as Paraguay, Bolivia, Mexico and the United States.
    Most have been elated with the memento, but Cutler said many share that they're surprised the coins "don't look as black as they do on the mint pictures."
    Spokesperson Deneen Perrin says the mint doesn't have data on the popularity of the toonie, but public feedback has been "overwhelmingly favourable." Coin exchanges the mint hosted for the toonie have been "extremely well attended," she added.
    About 4.4 million are in circulation so far, she added.
    "I talked to people down here and nobody's seen one in their pocket change," said Cutler. "But I do know that in the Toronto area there are some in circulation. I was in Mississauga two weeks ago and I got one in my change at McDonald's."
    However, Cutler said demand has dampened since February, when he noticed the mint listed rolls of 25 coins for sale on its website for .95.
    "After that our sales dropped way off," he said, noting .95 is a much lower price than his distributor charged.
    He's since dropped his price to apiece and has about 200 left. (Stapleton is charging between and per coin, down from the he started at.)
    Demand for the coin hasn't picked up again, despite King Charles's May 6 coronation nearing, Cutler said.
    But people are stocking up on the 50 pence piece England has released with King Charles's effigy, said Stapleton.
    "A friend of mine came over from England and brought what he could. It was probably 200 coins and I've already sold a quarter of them," he said.
    If Canada releases a circulation coin honouring the new monarch, Cutler expects it to generate even more buzz.
    "Everybody's waiting on the first coins with Charles on them," he said.
    "But we don't know if we're going to see any this year because the mint cannot just go ahead and produce them. The mint has to wait for parliament to authorize them and so far parliament hasn't done that."
    This report by The Canadian Press was first published May 4, 2023.
    ....... when they're gone, they're gone. Avoid future regrets.
    TORONTO -
    Colin Cutler has been going to coin shows since he was 14 but has never come across a coin as popular as the black-ringed toonie the Royal Canadian Mint released to memorialize the late Queen Elizabeth.
    "I have never seen a coin with this kind of demand in the 52 years I've been doing this," said the Chatham, Ont. man, who runs Collectors Corner Coins.
    "There's never been a coin that's had this kind of response."
    The Special Wrap Rolls from the RCM had a cap of 30,000 rolls of 25. They are special handled start to finish and are a higher quality business strike coin.