The most glaring counterfeit marker on a recent spate of fake $2 circulation coins (left) is the polar bear's right paw. On genuine toonies (right), the bear's paw is more uniform.
Canadian Coin News published an article this week about a collector who has been cataloging fake coins found in circulation.
Since March, collector Brent Mackie has searched more than 200 boxes of $2 circulation coins – about 100,000 toonies altogether – to search for counterfeits.
I've seen many of the counterfeits and have noticed a great deal of defects on them including die rotations, die clashes, die cracks, extra die metal and weak strikes. Many coins feature multiple defects, Mackie told CCN.
Mackie is mostly cataloguing these
Camel Toe fakes – named after the tell-tale marker on the polar bear's right paw – but he's also diving into the fakes struck at the so-called
Montreal Mint, an advanced counterfeiting operation that minted 2004- and 2005-dated toonies before the Royal Canadian Mounted Police shut it down.
Mackie believes there could be millions of the Camel Toe fakes in circulation due to the
variety and prevalence of the die cracks, which indicates poor-quality dies are
being used until they destroy themselves.
To read the complete article, see:
Ontario collector cataloguing fake toonies
Wayne Homren, Editor
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