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According to the Mint’s Q2 report, the supply for Canadian circulation coins decreased 65 per cent and 38 per cent for the 13 and 26 weeks, respectively, ended June 27, 2020 (compared to the same periods in 2019).
“Sales of new coins to financial institutions were lower compared to the same periods last year as more financial institution inventory was available to meet the demand from the decrease in coin usage in 2020 due to COVID-19. Coin production began to increase toward the end of the second quarter in response to the decrease in financial institution deposits and growing demand for circulation coins as COVID-19 pandemic restrictions begin to ease and businesses re-open.”
The total coin supply for the previous 26 weeks (ended June 27, 2020) is 922 million compared to 1,491 million (1.49 billion) in the same period in 2019.
Hi Numisnut! Thanks for joining the forum.
How long have you been collecting?
I’m unsure about the pandemic’s impact on circulation mintages; however, I think as of now, it’s not impacted in Canada (although the numismatic and bullion lines were/are).
I’ll ask around and report back.
Yeah, kinda shocking Brock’s not on the list—but you can always vote for John Candy! 😐
Hey, you never know! Your CCN membership might bode well with border security—make sure you bring a copy when you plan to hop the border.
Until then, stay safe, Mick.
Seven Canadians recently appointed to an independent advisory council by the Bank of Canada are now tasked with paring down a list of 500 eligible nominees to help decide the face of the new $5 banknote.
Bank officials are also monitoring the COVID-19 outbreak in Canada and its impact on the selection process for the new $5 banknote.
“As the situation continues to evolve, it’s too early to provide specifics at this point,” Amélie Ferron-Craig, media relations consultant with the Bank of Canada, told CCN on March 19. “We will announce next steps in the selection process in due course.”
The 500 nominees are listed here. Who’s your pick?
Thanks for sharing. Do you have an image of the coin?
Hi royaumont, would you like me to share this in CCN’s weekly e-newsletter?
Good luck on the hunt!
Thanks for attending, Piles! We’ll see you in September for our fall show!
We’re glad you enjoyed Steven Bell and Yvon Marquis’ seminars on Canadian banknote history and disposing of a collection, respectively.
Thanks for your insight, Piles!
There should also be an edit button on your comment field. If not, let me know.
Hey there, do you have an option to click “EDIT” in the top-right corner of your comment?