WATCHES AND CLOCKS
1987 Canadian One Dollar Coin Loonie
Key Facts & Value
Key Fact
Historical significance
The Canadian Dollar Coin, commonly known as the 'Loonie,' was introduced in 1987 as part of Canada's effort to replace paper currency with coins. Its design features a common loon, a symbol of Canadian wildlife, which reflects the country's rich natural heritage.
Cultural impact
The Loonie quickly became an integral part of Canadian culture, representing not just currency but also the identity and pride of Canadians. Its introduction marked a significant shift in how Canadians viewed their economy.
Design evolution
The coin's design has undergone several changes since its inception, but the image of the loon has remained a constant, highlighting the importance of wildlife in Canadian symbolism.
Value Fact
The value of the 1987 Canadian Dollar Coin can vary significantly based on its condition, rarity, and demand among collectors. Coins in uncirculated condition or with unique characteristics can command a premium, while those in circulation may hold nominal value. The Loonie's iconic status in Canadian culture adds intrinsic value, making it a sought-after item among numismatists.
Item Details
Official Details
Variation Details
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