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The E-Sylum: Volume 27, Number 40, October 6, 2024, Article 28

LOOSE CHANGE: OCTOBER 6, 2024

Here are some additional items in the media this week that may be of interest. -Editor

Canada's New Sundial Coin

It's no Fugio Cent, but there's a new sundial coin on the market, this time from Canada. -Editor

Canada sundial coin If you're looking to add a unique item to your coin collection, the Royal Canadian Mint has released a new piece that not only looks like a sundial but functions as one, too.

The sundial is known as the world's earliest timekeeping device. It's composed of two main parts: a flat circular plate and a dial or stick called a gnomon.

When a sundial is aligned properly, it will tell the local solar time based on where the sun casts its shadow on its surface.

This is essentially how the Mint's new coin functions.

It includes a rhodium-plated brass gnomon. When placed in the sun and pointed in the direction of true north, the gnomon casts a shadow onto the base of the coin, indicating the time.

To read the complete article, see:
Canada just got a stunning new sundial coin that can actually tell time (https://dailyhive.com/canada/royal-canadian-mint-sundial-coin)

The Latest on Counterfeit Toonies

Here's a Canadian Coin News story with the latest on the counterfeit Canadian two-dollar coin, also known as the "toonie". -Editor

  Counterfeit toonie

Counterfeit toonies are cropping up in Canada at a rate that is more than doubling every year, Statistics Canada data show.

From 1,300 fake $2 coins reported in 2019, there were 28,666 last year. That's a 22-fold increase over four years in the number of counterfeit toonies deemed to have passed into circulation or been seized before they made it into general circulation.

Counterfeit coins expert Mike Marshall says this is only the tip of the iceberg. The reality of counterfeit coins in Canada is much, much worse, he maintains.

"That is only a drop in the bucket," he says. "Over a 12-month period in the province of Ontario, we were doing reams of coin roll searches all over the province. We went to banks, purchased rolls of toonies, and checked them for counterfeits. We were running between seven and nine per cent counterfeit."

To read the complete article, see:
Mint downplays StatCan, expert's reports on recent proliferation of fake toonies (https://canadiancoinnews.com/mint-downplays-statcan-experts-reports-on-recent-proliferation-of-fake-toonies/)

To read the earlier E-Sylum articles, see:
COUNTERFEIT CANADIAN 'CAMEL TOE' TOONIES (https://www.coinbooks.org/v26/esylum_v26n09a30.html)
REALLY BAD FAKE CANADIAN TOONIES (https://www.coinbooks.org/v26/esylum_v26n51a25.html)

How to win a Nobel prize

If you can't afford a Nobel Prize medal for your collection, maybe you could win one. This article from the journal Nature crunches a database of past winners looking for trends and traits both serious and silly. Interesting read. -Editor

nobel prize study

  • Your best chance of winning comes when you're 54, the age of 24 recipients. The average age of all laureates is 58.
  • In the entire twentieth century, only 11 Nobel prizes were awarded to women. Since 2000, women have won another 15 prizes.
  • You should expect to wait for your award — for about two decades after you produce your Nobel-worthy work. So, on average, you should make a start on these projects by your 40s.
  • Be prepared to share the prize.

To read the complete article, see:
How to win a Nobel prize (https://www.nature.com/immersive/d41586-024-02897-2/index.html)



Wayne Homren, Editor

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