Loonies and toonies get a security upgrade 0
WINNIPEG – The loonie and toonie are about cash in on new security features developed by the Royal Canadian Mint in Winnipeg.
It's also a cheaper method of production, as a steel core is plated with layers of more precious metals.
The plating means the Mint can control the coins' electromagnetic signatures.
Micro-engraving, virtual images and edge-lettering also make the coins more secure.
They've been using the system on other coins since 2001.
The new coins will still have the loon and polar bear designs, the same weight and the same thickness.
Older loonies and toonies will still be accepted as legal cash.
International customers are placing more orders from the Mint's Winnipeg facility, they said in a release, to get their hands on the new technology.