The Royal Canadian Mint is celebrating the Loonie’s 30th birthday with a two-coin silver proof set for collectors.
On June 30, 1987, Canadians were introduced to an 11-sided $1 dollar coin for circulation, which was quickly dubbed "the loonie" because of its reverse or tails side design. The bronze-colored coin was the most significant change in Canada’s currency system in nearly 50 years. More than 13 billion of them have been produced to date.
"It’s very fitting that during Canada 150, we are also celebrating one of the country’s most recognizable symbols," said Sandra Hanington, President and CEO of the Royal Canadian Mint.
Struck in 99.99% pure silver, the two coins of the set have different reverses with one bearing the classic loonie design and the other showing the Voyageur design that was originally intended for the one-dollar coin.
"Had the original dies not vanished in transit, our one-dollar coin would have featured the Voyageur image that first appeared on a dollar coin in 1935," the Royal Mint describes.
Both coins share reverse inscriptions of CANADA, 1987-2017, DOLLAR, plus "RRC" or "EH" to denote the artist’s initials.
The coin obverses bear the Susanna Blunt effigy of Her Majesty Queen Elizabeth II along with inscriptions of ELIZABETH II, D G REGINA, and SB for the artist’s initials.
Royal Canadian Mint-provided specifications for the pair of coins are:
- Mintage: 10,000
- Composition: 99.99% pure silver
- Finish: proof
- Weight (g): 7.89
- Diameter (mm): 26.5
- Edge: plain
- Certificate: serialized
- Face value: 2 dollars
- Reverse Artist: Robert-Ralph Carmichael (Loon); Emanuel Hahn (Voyageur)
- Obverse Artist: Susanna Blunt
Priced at CAD $79.95, or about US $56.50, the set is available from the Royal Canadian website at mint.ca.
The two coins are encapsulated and presented side-by-side inside a clamshell case.