Loonie the banknote forced acceptance of the coin. The loonie has subsequently gained iconic status within Canada, and is now regarded as a national symbol. The term "loonie" has since become synonymous with the Canadian dollar itself. The town of Echo Bay, Ontario, home of Robert-Ralph Carmichael, erected a large loonie monument in his honour in 1992 along the highway, similar to Sudbury's 'Big Nickel'. Officials for the 2002 Salt Lake Winter Olympics invited the National Hockey League's ice making consultant, Dan Craig, to oversee the city's E Center arena, where the ice hockey tournament was being held. Craig invited a
Crown (British coin) with the British trade dollar that circulated in the Orient. In 2014, a new world record price was achieved for a milled silver crown. The coin was issued as a pattern by engraver Thomas Simon in 1663 and nicknamed the "Reddite Crown". This was presented to Charles II as the new crown piece but was ultimately rejected in favour of the Roettiers Brothers' design. Auctioneers Spink & Son of London sold the coin on 27 March 2014 for £396,000 including commission. After decimalisation on 15 February 1971, a new coin known as a 25p (25 pence) piece was introduced. Whilst