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50 Dollars - Elizabeth II Common Loon

Issuer Royal Canadian Mint
Year 2020
Type Non-circulating coin
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Reverse description The reverse reproduces Robert-Ralph Carmichael's iconic Common Loon design, originally created for the 1987 Canadian one-dollar circulation coin. A single loon is depicted floating serenely on a calm lake, with a small tree-lined island visible in the background. The entire scene is contained within the silhouette outline of a loon, giving the coin its distinctive non-circular shape. The monogram RRC appears as the sole legend on the reverse, attributing the design to the original engraver. The composition is executed in proof finish with fine surface detail, preserving the original design's proportions and subject matter faithfully.
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Additional information

The "Common Loon" dollar denomination has been Canada's signature coin since 1987, when artist Robert-Ralph Carmichael's loon design replaced the voyageur reverse that had run since 1935. This 100g format sits in the Royal Canadian Mint's ongoing bullion-adjacent collector series — fine silver with gold plating — that expanded sharply after 2010 as the Mint aggressively grew its numismatic revenue to offset declining circulating coinage profits. The $50 face value is purely nominal; no legislative intent exists for these to circulate.

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