Loonie

Brief Description

The coin clearly shows 'CANADA' at the top, a stylized loon (a type of aquatic bird) in the center, and 'DOLLAR' at the bottom. This design is characteristic of the Canadian one-dollar coin. The year of issue is not clearly visible but is likely after 1987 when this specific design was introduced.

Historical Significance

The Canadian 1-dollar coin, commonly known as the 'Loonie', was first introduced in 1987 to replace the 1-dollar banknote. Its introduction was a significant step in Canada's currency evolution. The loon design quickly became iconic and gave the coin its popular nickname. It represents Canadian wildlife and heritage.

Estimated Value

Circulated Canadian loonies generally trade at their face value of 1 CAD. Special commemorative issues or uncirculated coins can fetch higher prices, ranging from a few dollars to tens of dollars depending on rarity and condition. Without the year and condition, a precise estimate is not possible, but for typical circulated coins, it's 1 CAD.

Care Instructions

To care for this coin, avoid cleaning it vigorously as this can reduce its value, especially if it's an older or collectible piece. Handle it by the edges to prevent oils from your skin from damaging the surface. Store it in a cool, dry place, preferably in an archival-safe holder or album to protect it from environmental damage and scratches.

Created At: 2025-09-03T15:33:30.504155