Help with 2005 toonie -fake or wrong planchet

Parking meters in Canada had to be retooled so they would accept the new Toonie (maybe the new Loonie too). Unfortunately, someone at the Mint never got the memo that my home province of Newfoundland now has modern luxuries like running water, electricity, and parking meters, because we were never told the parking meters had to be modified. Caused all kinds of problems in these parts for awhile.

 

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Thank you all for the information on this coin been very helpful .,

 

t_y is correct, it is a mass-produced Canadian forgery. They were made with 2004 and 2005 dates, and police discovered the 'Montreal Mint' quite by accident.

http://www.cbc.ca/news/canada/montreal/story/2006/10/06/qc-counterfeitloonies.html

I have many members of various forums sent them to me. I test the ring and core with the XRF in my lab and then I ship the forgeries to the RCMP counterfeit coordinator - eventually, I hope to acquire enough data to write a decent paper on these. As it was previously mentioned, they are illegal to possess in Canada so if you are looking to dispose of it - let me know.

 

To make money. If you have the equipment you can probably make a profit of over a dollar per coin made, and a typical press can make maybe 60 coins per minute or a profit of $3,600 an hour. Sounds like a good rate of pay to me. Even if you could only produce them at 1% of that rate you are still making a profit of $36 an hour. That's the same as a $75K tax free annual income.

 

Thank you for this post. (While the core of the fakes were made of brass) part helped a lot.

 

This thread last received a post over 4 years ago. I saw your video and have questions...
What is it?
What multiple errors are you talking about?
What is the purpose of your video?

 

I went back and re read the entire post , WOW!! I must have stayed at the holiday inn that night I have no memory of any of it.

 

Its a mystery coin. Mike Diamond has seen the photos. Possible error.

 

My inner coin weight is 1.4 approx grams. The weight of similar inner coins is 2.32 grams. But Bimetallic 2 dollar coins come in two weights, 7.3 grams (1996 - 2012) and 6.93 grams (2012 - present). My inner coin might have come from the 2012-present.....

 

What is it? Its a Canadian $2 coin. That came loose.
What errors? The errors are on front and back.
Whats the purpose? The purpose is to thank you for your previous post about the FAKE coins inner core is made of BRASS. The coin is a puzzle...of where it came from since mine only 1.4 grams and not made of brass.

 

Ok.. Have you created your own unique separate thread to show it with an explanation?

 

No I did not. I was googling up and your old post answered my question about the FAKE and real. Here I thank you for such a informative post. I dont want to make a seperate thread for that...due to I have a lot of coins to showcase. Its gonna be a tough one to authenticate due to its multiple errors or even quadruple errors. So lets just leave it for now...unless someday I make friends at the Canadian Mint and get some real answers..Again, Thanks for your 4 years old post.