Coins of the Canadian dollar 9 (common). In 1973, an RCMP quarter came out; it also has two varieties: a large bust (rare) and small bust (common). In 1987, the loonie was introduced, replacing the voyageur dollar with a new design, new colour, and smaller size. This coin also replaced the $1 bill, which was subsequently withdrawn from circulation by the Bank of Canada. In February 1996, the $2 coin, or toonie, was released; it currently has three varieties. (Early examples had problems with the centres being punched out in circulation.) The toonie replaced the $2 bill. To date there have been four different obverse
History of the Canadian dollar to feature the monarch on the obverse of all coins, but introduced new patterns for the reverse of each coin: These designs were all the work of Emanuel Hahn. With the exception of the withdrawal of the penny, these designs continue to be the basic features of Canadian coinage. This series of coins was augmented in 1987 by the introduction of a new one-dollar coin, featuring a loon on the reverse, designed by Robert-Ralph Carmichael. The coin quickly became known as the "loonie", which in turn has become a nickname for the Canadian dollar generally. The loonie was followed by