The Canadian 1 dollar coin issued in 1987, known as the “loonie,” features an 11-sided gold-colored shape, is made primarily of nickel and bronze, weighs 7 grams, and measures about 26.5 millimeters in diameter; its reverse depicts a solitary common loon designed by Robert-Ralph Carmichael, while the obverse bears a portrait of Queen Elizabeth II by Arnold Machin, and it was introduced to replace the 1 dollar bill as a cost-saving measure, quickly becoming an iconic part of Canadian currency and culture.<\/p>","protected":false},"excerpt":{"rendered":"
The 1987 Canadian 1 dollar “loonie” coin is an 11-sided gold-toned coin featuring a loon on the reverse and Queen Elizabeth II on the 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