Loonie often discuss the rate at which the "loonie" is trading against other currencies. The nickname "loonie" became so widely recognized that in 2006, the Royal Canadian Mint secured the rights to it. When the Canadian two-dollar coin was introduced in 1996, it was in turn nicknamed the "toonie" (a portmanteau of "two" and "loonie"). Canada first minted a silver dollar coin in 1935 to celebrate the 25th anniversary of George V's reign as king. The voyageur dollar, so named because it featured an Indigenous person and a French voyageur paddling a canoe on the reverse, was minted in silver until
Trade dollar (United States coin) Reserve banks and national banking associations), regardless of when coined or issued, shall be legal tender for all debts, public and private, public charges, taxes, duties and dues." However, the numismatic and bullion value of any trade dollar far exceeds its face value of one dollar. Because of its demand by collectors a large number of counterfeits exist made with base metal, and buyers should exercise caution when purchasing specimens. Trade dollar (United States coin) The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were