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Colonial Tokens Edge of Graphic Design with the Audi- Which Awarded Cash Prizes to Outstand- Retary ebrati el ng C CANADIAN 50 COIN NEWS YEARS Volume 51 • Number 02 May 7 - 20, 2013 $3.50 Coin-counting machines proliferate with penny’s demise By Bret Evans The coin-counting industry continues to grow, now expand- ing into more Canadian banks. In a pilot program launched in March, TD Canada Trust un- veiled the first 56 machines, in partnership with Coinstar, to be installed in branches across Canada. The introduction of the machines is timely, since banks have reported an increase in the number of coins being brought in for redemption since the de- mise of the 1-cent coin. The bank refers to them as TD Coin Counter machines, and expects to expand their network to about 300 machines. In the case of TD Canada Trust, the firm has already been us- ing machines in its U.S. branches, under the name Penny Ar- cade. The Canadian machines operate the same way as existing Coinstar machines: customers deposit the coins into the ma- From left: Commodore Mark B. Watson, Royal Canadian Mint chair James B. Love, Quinte chine, which sorts and counts West Mayor John Williams and Northumberland-Quinte West MP Rick Norlock attend the the coins, rejecting any non- official presentation of the Mint’s $200,000 donation on April 3 in Trenton, Ont. Canadian coins, and then produces a voucher. TD Canada Trust personal account holders can redeem the voucher for cash, deposit Highway of Heroes it into their account, or even apply it against a Visa card balance at a branch teller. The bank will have a list of coin raises $200,000 locations available through the branch-locater service on its website. he Royal Canadian Mint “The Royal Canadian Mint diers who served and fell in Non-account holders will be Thas announced that pro- has a proud tradition of issuing Afghanistan, and the Mint ex- charged eight per cent, a slight ceeds from the sales of its High- coins that honour the brave presses our thanks to them, as reduction from the official way of Heroes silver commem- men and women who fought well as to all our active Cana- Coinstar rate of 11.9 per cent. orative coin have raised for Canada and at times gave dian Armed Forces personnel Businesses are charged a three $100,000 each for the Afghani- their lives in defending our and their families.” per cent fee. stan Repatriation Memorial freedom,” said Ian Bennett, “Thousands of ordinary Ca- Continued on page 33 Fund and the Military Families master of the Royal Canadian nadians became extraordinary Fund. The donations were pre- Mint. “The Highway of Heroes Canadians by lining the route Coin-counting machines are sented in early April at a special silver commemorative coin of the Highway of Heroes, becoming more common in CCC1212002 BuyingEventAd_Dec3.pdf 1 03/12/12 1:39 PM ceremony at the Afghanistan captured the profound grati- Canadian banks. Repatriation Memorial. tude of Canadians to our sol- Continued on page 27 Canadian Coin and Currency A new Deal of the Week launches every Monday at 9 am on Canada’s www.canadiancoinnews.caC largest coin e-commerce site M www.cdncoin.com. Every week, Canadian Coin NewsY Deal of a select item or group of items is CM offered from our extensive inventory An essential resource MY of over 15,000 coins and bank notes. for the advanced the Week Shop early. These exceptional deals CY and beginning collector A new offer every week only may not last the week! 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