Alloy recovery program keeps Canadians’ pocket change fresh
Coin sorting machines such as those owned by Coinstar, are at the front line of a program to remove older coins from circulation.
Thanks to a little-known program operated by the Royal Canadian Mint, Canadians may have the newest coins in their pockets at any time since Confederation. Called the alloy recovery program, it is system where older-composition coins are culled out of circulation and replaced with new versions. The old coins are mutilated and then melted for... Continue reading →