Voyageur dollar Voyageur dollar The Voyageur Dollar was a coin of Canada struck for circulation from 1935 through 1986. Until 1968, the coin was composed of 80% silver. A smaller, nickel version for general circulation was struck from 1968 through 1986. In 1987, the coin was replaced by the loonie. However, like all of Canada's discontinued coins, the voyageur dollar coins remain legal tender. In 1911, after lengthy debate, the first Canadian silver dollar was struck. Only two remain, one in a museum, the other in private hands, and recently auctioned for $1.4 million. In 1935, a commemorative silver dollar was struck
Loonie also, using steel provides cost savings and avoids fluctuations in price or supply of nickel. On April 10, 2012, the Royal Canadian Mint announced design changes to the loonie and toonie, which include new security features. Alongside the regular minting of the loonie with the standard image of the common loon on the coin's reverse, the Royal Canadian Mint has also released commemorative editions of the one-dollar coin for a variety of occasions. These coins have a circulation-grade finish and have been made available to the public in five-coin packs and in 25-coin rolls in addition to being released directly