Loonie

Country of Origin: Canada

Year of Issue: 1987-present (Common series)

Denomination: 1 Canadian Dollar

Composition: Bronze-plated nickel (1987-2012) or Multi-ply brass-plated steel (2012-present)

Loonie

Brief Description

A gold-colored, 11-sided coin featuring a common loon floating on water on the reverse side, and an effigy of the reigning monarch on the obverse.

Historical Significance

Introduced in 1987 to replace the one-dollar paper bill, the 'Loonie' became an iconic symbol of Canadian currency. Its name is derived from the bird featured on its reverse. It played a major role in the modernization of the Canadian currency system.

Estimated Value

$1.00 CAD (Face value for circulated coins; uncirculated or rare editions may fetch a higher premium)

Care Instructions

Handle by the edges to avoid fingerprints; store in a cool, dry place within a PVC-free protective holder or capsule. Do not clean with abrasive chemicals as this can damage the numismatic value.

Created At: 2026-04-02T05:44:12.843281