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1998 Canadian $1 The Loon Coin & Stamp Set
Item: #1998THELOONSTAMPSET | Mfr: Royal Canadian Mint | #1998THELOONSTAMPSET
+ GST/HST
C$19.95
Availability: Out Of Stock
1998 Canadian $1 The Loon Coin & Stamp Set
The Loon Canada Post Corporation is proud to present this limited edition (10 000) stamp and coin set celebrating the delicate and serene Canadian loon. Two exquisite stamps capture the loon in its natural, peaceful environment, one a mint issue and the other featuring a day of issue cancellation from Canada Post. The coin features for the first time a small "W" mint mark, which signifies it was struck at the Royal Canadian Mint's facility in Winnipeg. The Royal Canadian Mint will not issue the (loon) dollar for general circulation in 1998.
Design
The obverse design features a bust image of Queen Elizabeth II and the phrase "ELIZABETH II D.G. REGINA".
In 1987 Canada the $1 banknote from circulation and replace it with $1 coins. The replacing coins were changed drastically from the previous Voyageur Dollar series. The diameter was reduced from 32.13 mm to 26.72 mm, the coin shape went from being round to eleven sided and the composition was changed to nickel with a bronze plating. The specific bronze used for the plating is referred to as aureate bronze since its color composition is similar to gold.
The reverse was also changed from the Voyageur image to that of a Canadian loon which quickly got the nickname “loonies” by the public.
The reverse, designed by Robert R. Carmichael, features a Canadian Loon on water with an island in the background. On the outer periphery are the words "CANADA" and "DOLLAR". Just below the loon is the year of issue.
Specifications
Face Value: $1
Mintage: 10,000
Composition: 91.5% nickel, 8.5% bronze plating
Weight (g): 7
Diameter(mm): 26.5
Finish: Proof-like
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