King Charles coins

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Well, what do you know. I received my first King Charles coin today.  Got it in my change at a Sobeys supermarket - it was a quarter, and I believe it was one of the elusive 2023 series, and it makes sense since it didn't appear that new to me.

I have a feeling they will be quite rare in Newfoundland for a few years - just like was the case with the Viola Desmond $10s - which had a very tiny number in circulation for its first few years, and became quite common five years later.  Either way, I won't be spending that quarter any time soon.

2023 dated King Charles quarters and nickels are very common in Toronto.  It's the 2023 dated dimes loonies and toonies that are proving to be elusive.

2023 dated King Charles quarters and nickels are very common in Toronto.  It's the 2023 dated dimes loonies and toonies that are proving to be elusive.

In 2 years of getting change, I have only found one 2023 Charles toonie in my change. I see the mintage for the 2023 Charles toonie is low but I have some 2023 dated loonie and dimes. I collect every single Charles coin I get in my change.

Looks like finding a 2023 Charles Toonie in your change is like getting a colored 2017 glow in the dark toonie in your change.

Speaking of which did anyone find a colored glow in the dark toonie in your change or coin roll hunting before?

As I said before, I came across only one Charles coin in my change so far - a quarter.

This implies that nickels and quarters are the highest-demand coins currently in circulation.  Toonies have supposedly fallen in decline for years where I live - it's probably because its purchasing power became the $5 bill.

As I said before, it seems like, due to recent inflation, the $5 bill's heyday may be over as more people are using $10 bills - likely for the first time since the 1980s.  As for $5 bills, there have been no new bills of that value in my hometown despite the many that were printed in the last two or three years, and that may be because the number of toonies in circulation may have leveled off now.

But then again, we may see new $5 bills being trickled out in my region eventually, as the HCV through IND prefixes, still seen in circulation to this day, have been issued five years ago and are likely due to be replaced soon - but regardless, banks won't order as many new bills anymore, and I may be lucky to see just one new prefix per denomination per year these days.

Just want to ask, was there an increase in new King Charles coins minted for 2024 as opposed to 2023, but like 2023 there was still a limited quantity minted for 2024?

It's disappointing I still see so many new coins with the Queen on them still being issued in Newfoundland. Either the King Charles coins are available in some banks in my region but people are likely hoarding them, or they are being released in trickle fashion just like with newer banknotes nowadays?

Just want to ask, was there an increase in new King Charles coins minted for 2024 as opposed to 2023, but like 2023 there was still a limited quantity minted for 2024?

I think you may be on to something there AJG.  I wonder if they already had a ton of QE coins minted that need to be issued, and therefore perhaps when they minted the first 2023 KC coins which I think they did as some sort of protocol, the also minted a limited number of 2024 KC's at the same time (cheaper to just change the date), and knowing they still had a ton of QE's to put into circulation.  I'm in Toronto and it doesn't seem like we are over run with KCs here.

Now what I'm wondering is if they issue any 2025 KC coins at all -- even limited edition?

Cheers,
B

The 2024 King Charles nickels, quarters and dimes are abundant in Toronto.

Hi Dean,  Just wanted to give you a heads up that some of the rolls of what I thought were bank wrapped full rolls of KC coins, actually were not.  I broke open a few rolls to look for error coins and was pretty surprised to find a mix of QE and KC.  Now I'm wondering about the other rolls I've saved.
Cheers,
B 

2023 dated King Charles quarters and nickels are very common in Toronto.  It's the 2023 dated dimes loonies and toonies that are proving to be elusive.

Apparently, I got two King Charles dimes in my change at Sobeys today.  However I couldn't pick out the dates on the dimes (I wear glasses), but they may be 2023-dated.  Either way, it could be a good sign of things to come.