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1 Dollar - Elizabeth II Loonie

Issuer Royal Canadian Mint
Year 2012
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Value 1 Dollar
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Reverse description Central design featuring a Common Loon (Gavia immer) swimming in profile upon a stylized body of water, engraved by Arnold Nogy. Coniferous shoreline vegetation is depicted in the left background field, lending a distinctly Canadian wilderness character to the composition. The commemorative dates 1987-2012 appear in an arc below the central motif, marking the 25th anniversary of the Loonie dollar coin. The legend CANADA arcs along the upper periphery, while DOLLAR curves along the lower border. The initials R·K·C appear discreetly in the right field.
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Reverse lettering CANADA 1987-2012 DOLLAR
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Additional information

The common loon dollar — introduced in 1987 to replace the discontinued one-dollar bill — was itself a product of cost-cutting logic: paper dollars wore out within a year of circulation, while the coin was projected to last decades. Canada was not the first to make this switch, but the transition met unusual public resistance until the government simply withdrew the notes from circulation and forced adoption. By 2012, the design had been in continuous production for twenty-five years with only minor modifications to the effigy.

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