1998 Canadian $1 Common Loon Dollar Proof-like (PL) Coin

1998 Canadian $1 Common Loon Dollar Proof-like (PL) Coin

1997-2001 Canadian $1 Loon Dollars

The Royal Canadian Mint do not issue any loon dollars for circulation between 1997 - 2001. The common loon dollar was available only in all five Coin Collector Sets in 1998-2000 making these coins a must-have for collectors.

Design

The obverse design features a bust image of Queen Elizabeth II and the phrase "ELIZABETH II D.G. REGINA".

In 1987 Canada the $1 banknote from circulation and replace it with $1 coins. The replacing coins were changed drastically from the previous Voyageur Dollar series. The diameter was reduced from 32.13 mm to 26.72 mm, the coin shape went from being round to eleven sided and the composition was changed to nickel with a bronze plating. The specific bronze used for the plating is referred to as aureate bronze since its color composition is similar to gold.

The reverse was also changed from the Voyageur image to that of a Canadian loon which quickly got the nickname “loonies” by the public.

The reverse, designed by Robert R. Carmichael, features a Canadian Loon on water with an island in the background. On the outer periphery are the words "CANADA" and "DOLLAR". Just below the loon is the year of issue.

Packaging

1998 Canadian $1 Common Loon Dollar Proof-like (PL) Coin comes in proof-like (PL) uncirculated condition.

Specifications

Face Value: $1
Mintage: N/A
Composition: 91.5% nickel, 8.5% bronze plating
Weight (g): 7
Diameter (mm): 26.5
Finish: Proof-like (PL)