Coin Identifier
Loonie
1 Canadian Dollar

Loonie

Canada · 1987-present (Common series)

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.

Country
Canada
Year
1987-present (Common series)
Denomination
1 Canadian Dollar
Metal
Bronze-plated nickel (1987-2012) or 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, 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 & preservation

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.