smashleyyash

10 months ago

COINS

Canada 1987 Dollar Coin Nickel

Key Facts & Value

Key Fact

Historical significanceThe Canadian Loonie was introduced in 1987 to replace the paper dollar, marking a significant transition in Canadian currency. The coin features the Common Loon, a bird native to Canada, emphasizing the nation’s connection to its natural environment.

Design ElementsThe Loonie is known for its distinctive design, which includes a depiction of the Common Loon on the reverse and the Canadian coat of arms on the obverse. The choice of the loon symbolizes Canada’s rich wildlife and natural beauty.

Cultural ImpactThe term 'Loonie' derives from the image of the Common Loon on the coin. It has become a colloquial term in Canada, often used in financial discussions and currency exchanges, demonstrating the cultural significance of this coin.

Value Fact

The value of the 2003 Canadian Loonie is influenced by its condition, rarity, and demand among collectors. Coins in uncirculated or proof condition can fetch higher prices, while those showing wear may be worth less. Additionally, special editions or variations can significantly increase value, especially if they are tied to historical events or have unique features.

Factors such as historical relevance, condition, and collector interest play crucial roles in determining the overall market value of the Loonie.

Item Details

Official Details

CategoryCoins

Brand-

Character-

Length-

Width-

Weight7 g

Person-

Coins TypeCirculating

Denomination1

CurrencyCAD

Obverse DescriptionCanadian Coat of Arms

Obverse CreatorSusanna Blunt

Reverse DescriptionCommon Loon

Reverse CreatorRobert-Ralph Carmichael

Mint or Printing Press-

Diameter26.5 mm

Thickness1.95 mm

Production TypeCirculation

Edge TypeSmooth

Mintage-

Coins Topic/ThemeWildlife

Country / EmpireCanada

Start Year1987

End Year-

Coin Product NameLoonie

Mint Mark-

Obverse ObjectsArms

Reverse ObjectsLoon

ShapeRound

MaterialNickel

Design Variation-

Design Variation Details-

Year Displayed2003

Variation Details

Grading Company-

Grade-

Coins Error-

AlignmentMedal

smashleyyash Details

Certification Number-

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