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Loonies

Loonies

Loonies refer to the Canadian 1 dollar coin introduced by the Royal Canadian mint in 1987 as the Canadian dollar bill was taken out of circulation.  The Loonie coined its name (no pun intended!) by the Loon bird portrayed on its reverse; as with all modern Canadian coins Queen Elizabeth II is portrayed on its obverse.  The Loonie is unique as it is gold-coloured,

Though Canadian dollar coin was first struck in silver, then nickel (as of 1968), the modern day Loonie has become known as the symbol of the Canadian dollar coin

 

In 2014 the Royal Canadian Mint (RCM) introduced the Lucky Loonie as a commemorative piece for the 2014 Sochi Winter Olympics.

 

Canadian Loonies 1987 to 2014

 

Canadian Loonies 1987 – 2014

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Nickel Dollars

Canada Nickel Dollar

The Royal Canadian Mint introduced nickel dollars for general circulation in 1968 after they stopped using silver.  Unfortunately, many think that nickel dollars refer to the Loonie, which was introduced in 1987.  The Canadian nickel dollar coin looks silver and continues to be struck since 1968.  With the exception of special commemorative coins from the RCM, nickel dollars continue to be struck and should not be confused with the Loonie.

There were no years of noteworthy importance with nickel dollars except for 1982, which saw the planchet varieties, of which only 2 are known to exist.  The 1982 nickel dollar exists on a rolled thin planchet. The normal planchet has a weight of 15.62 grams, a diameter of 32.13 mm, and a thickness of 2.50 mm. The thin planchet consists of incomplete reeding. Its weight is 7.78 grams, a diameter of 31.82 mm, and a thickness of 1.50 mm.

Canadian nickel dollars

Canadian Nickel Dollars

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Silver Dollars

1961 Canadian Silver Dollar

Silver dollars are probably the most sought after coin denomination by coin enthusiasts and collectors alike, if not for their sheer silver value, but for their mystique.

The 1947 series include the Blunt and Pointed 7 and  the Maple Leaf issue, while the Arnprior varieties (1950-1952, 1957). are still just as popular.

The 1982 planchet series (like the nickel dollar of the same year) featured the coin on a rolled thin planchet.  The normal planchet has a weight of 15.62 grams, a diameter of 32.13 mm, and a thickness of 2.50 mm. The thin planchet consists of incomplete reeding. Its weight is 7.78 grams, a diameter of 31.82 mm, and a thickness of 1.50 mm. As with its nickel dollar successor, only two are known to exist.

1961 Canadian Silver Dollar

Canadian Silver Dollars