Loonie Loonie The loonie (), formally the Canadian one-dollar coin, is a gold-coloured coin that was introduced in 1987 and is produced by the Royal Canadian Mint at its facility in Winnipeg. The most prevalent versions of the coin show a common loon, a bird found throughout Canada, on the reverse and Queen Elizabeth II, the nation's head of state, on the obverse. Various commemorative and specimen-set editions of the coin with special designs replacing the loon on the reverse have been minted over the years. The coin's outline is an 11-sided curve of constant width. Its diameter of 26.5 mm
Australian one-dollar note gold-coloured coin on 13 May 1984, due to the longer service life and cost effectiveness of coins. These notes can still be redeemed at face value by the Reserve Bank of Australia and most commercial banks, but numismatics and note collectors may pay a higher price for these notes depending on age and condition. Australian one-dollar note The Australian one-dollar note (or $1 bill) was introduced in 1966 due to decimalisation, to replace the 10-shilling note. The note was issued from its introduction in 1966 until its replacement by the one-dollar coin in 1984. Approximately 1.7 billion one-dollar notes were