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The E-Sylum: Volume 26, Number 51, December 17, 2023, Article 25

REALLY BAD FAKE CANADIAN TOONIES

Gerry Tebben writes:

"We're all fascinated by contemporary counterfeits, especially really bad ones. Canada's Global News is reporting about some extraordinary fake $2 coins. The queen has a giant schnoz, the denomination is expressed as a dollar sign instead of the numeral 2 and the reverse legend has the word CANADA twice instead of CANADA DOLLARS.

The crook paid a nickel apiece for tens of thousands of the "coins." They're much more dramatic than the "camel toe" fake toonies that have been circulating for several years."

Thanks. These really are gawd-awful things. -Editor

  toonie obverse real toonie obverse fake

An arrest and huge seizure of 26,000 allegedly counterfeit $2 coins in Quebec, and a second smaller seizure of the same dodgy coins in a northern Ontario city a few months later, suggests that a new counterfeit toonie variety is circulating across Canada, a coin expert says.

Global News learned about a new variety of fake toonie while researching the case of the Quebec man who is facing criminal charges for an alleged attempt to import more than 26,000 dodgy toonies from a coin maker in China, paying a nickel a piece for them, plus shipping, court records state.

Last week, the CBSA shared with Global News, for the first time, some digital photos of the 26,000 seized $2 coins that were allegedly ordered from China and circulated in Quebec.

At the same time, police in Sault Ste. Marie, Ont., confirmed that they arrested a local person who had a smaller number of the same counterfeit coins in their possession in March, and seized 15 coins.

Counterfeit Canadian coin expert Mike Marshall of Trenton, Ont., who examined images of both sets of seized coins for Global News, said they appear to come from the same manufacturer.

Both the Quebec and Ontario fake coins are stamped 2012.

  toonie reverse real toonie reverse fake

Marshall said the new $2 fake coins do look real at first glance, but the counterfeits have several distinguishing features that ordinary consumers can spot, including:

  • The Queen's nose is too sharp and long on the fake coin's head side.
  • Above the Queen's head, a maple leaf-shaped security feature appears on the fake coin that does not appear on genuine toonies from 2012.
  • On the polar bear side of the fake coin, a $ symbol appears between two maple leaf-shaped security features. On the real coin, the numeral 2 actually appears in that spot.
  • Also on the polar bear side, on the right side near the bear's head, the word CANADA appears on the fake coin. On the real coin, the word DOLLARS appears in that space.
  • Lastly, the 2012 year on a real toonie appears in a straight line, while the same numbers appear on a curve or slight arc on the counterfeit coins.

To read the complete article, see:
A new fake Toonie has emerged in Quebec, Ontario: Here's how you spot it (https://globalnews.ca/news/10108612/fake-toonie-quebec-ontario-how-to-spot-it/)

To read an earlier E-Sylum article, see:
COUNTERFEIT CANADIAN 'CAMEL TOE' TOONIES (https://www.coinbooks.org/v26/esylum_v26n09a30.html)

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Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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