1 Dollar ($1 CAD)

Canadian 1-Dollar Coin (Loonie)

Canada · 1987-present

A gold-colored eleven-sided coin featuring a common loon floating on water on the reverse and a portrait of Queen Elizabeth II on the obverse.

Country: Canada
Year: 1987-present
Denomination: 1 Dollar ($1 CAD)
Metal: Bronze-plated nickel (1987-2011); Multi-ply brass-plated steel (2012-present)

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

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Overview

A gold-colored eleven-sided coin featuring a common loon floating on water on the reverse and a portrait of Queen Elizabeth II on the obverse.

Historical significance

Introduced in 1987 to replace the one-dollar paper bill, the coin became colloquially known as the 'loonie' due to the bird on its reverse. It is a fundamental part of the Canadian currency system and its success led to the introduction of the 'toonie' ($2 coin) in 1996.

Estimated value

$1.00 CAD (Face value); collector versions or rare errors can be worth more.

Care & preservation

Store in a cool, dry place. Avoid cleaning with abrasive chemicals or cloths, as this can damage the finish and reduce collector value. Use PVC-free coin holders for long-term storage.

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Overview

Historical significance

Estimated value

Care & preservation

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Learn about Canadian 1-dollar Coin (Loonie) in the encyclopedia