Do you know that there is a coin called Toonie? It is Canada 2 dollar bi-metallic circulation coin which bears an image of polar bear. The name do not came from that polar bear instead come from Canada one dollar coin "loonie". The Loonie name come from The Great Northern Diver (a bird), known in North America as the Common Loon (Gavia immer), is a large member of the loon, or diver, family of birds. The Toonie name come as it is a two dollar coin. Its weight at 7.3 gram, a bit heavy for a coin. Thanks for the hint from The home remodelling for Toonie coin.
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Toonie; Canada 2 dollar coinThe Canada 2 dollar coin, commonly called Toonie, was introduced on February 19, 1996 by Public Works minister Diane Marleau. The Toonie is a bi-metallic coin which bears an image of a polar bear, by Campbellford, Ontario artist Brent Townsend, on the reverse. The obverse, like all other current Canadian coins, has a portrait of Queen Elizabeth II. It is the only coin in Canada to have the "ELIZABETH II / D.G. REGINA" in a different typeface; it is also the only coin to consistently bear its issue date on the obverse. Canada adopted the patented technology to make these coins from Italy. The engineer, and head of the Italian Mint, Dr. Nicola Ielpo, patented the technology of interlocking two metals in coins in 1990.
It costs 16 cents to mint a Toonie, which is estimated to last 20 years. The discontinued two-dollar bill cost six cents to print and, on average, each bill lasted only one year. When the coin was introduced a number of nicknames were suggested. Some of the early ones included the bearie (analogous to the Loonie and its loon), the bearly, the deuce and the doubloonie (a play on "double Loonie" and the former Spanish doubloon coin).
The name Toonie became so widely accepted that in 2006 the Royal Canadian Mint secured the rights to it. A competition to name the bear resulted in the name "Churchill", a reference both to the common polar bear sightings in Churchill, Manitoba and Winston Churchill.
A failure in the bimetallic locking mechanism in the first batch of Toonies caused some coins to separate if struck hard or frozen. Despite media reports of defective toonies, the Canadian Mint responded that the odds of a toonie falling apart were about 1 in 60 million. It is against the law to deliberately attempt to separate a toonie. Defacing coin currency is a summary offense under the Canadian Criminal Code, section 456.
It costs 16 cents to mint a Toonie, which is estimated to last 20 years. The discontinued two-dollar bill cost six cents to print and, on average, each bill lasted only one year. When the coin was introduced a number of nicknames were suggested. Some of the early ones included the bearie (analogous to the Loonie and its loon), the bearly, the deuce and the doubloonie (a play on "double Loonie" and the former Spanish doubloon coin).
The name Toonie became so widely accepted that in 2006 the Royal Canadian Mint secured the rights to it. A competition to name the bear resulted in the name "Churchill", a reference both to the common polar bear sightings in Churchill, Manitoba and Winston Churchill.
A failure in the bimetallic locking mechanism in the first batch of Toonies caused some coins to separate if struck hard or frozen. Despite media reports of defective toonies, the Canadian Mint responded that the odds of a toonie falling apart were about 1 in 60 million. It is against the law to deliberately attempt to separate a toonie. Defacing coin currency is a summary offense under the Canadian Criminal Code, section 456.
photo by: istock photo.comValue 2.00 CAD
Mass 7.3 g
Diameter 28 mm
Thickness 1.8 mm
Edge Intermittent milled/smooth
Composition outer ring
100% Ni
inner core
92% Cu,
6% Al,
2% Ni
Years of minting 1996–present
Source: wikipedia
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I thought I have this coin in my collection but I cannot found them yesterday. Maybe it is time for me to do a list for my world coins and paper money. Do you have this Canada two dollar coin in your collection. Do you agree that this coin bit heavy then other coins? Do you have any coin story that you want to share in here? Feel free to give a comment for this story.
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