OTD: The birth of the 'loonie' - Canadian Coin News

On today’s date in 1987, the $1 circulation coin now known as the “loonie” was unveiled by the Royal Canadian Mint at its Winnipeg facility. The 11-sided $1 coin was introduced as a cost-saving measure to replace the old dollar bills. The coin’s iconic loon design was created by wildlife artist Robert-Ralph Carmichael, who died […]

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