1987 Canadian $1 1st Year Issue Proof Coin

1987 Canadian $1 Common Loon/First Year of Issue Proof Dollar Coin A proof striking of the loon dollar was issued by the Royal Canadian Mint in 1987 commemorating the first year of issue. The new circulating dollar coin was released in July 1987 and replaces the larger nickel dollar. Design The design is the work of Robert-Ralph Carmichael of Ontario and depicts a common loon. Packaging 1987 Canadian $1 Common Loon/First Year of Issue Proof Dollar Coin comes encapsulated in Royal Canadian Mint blue velvet clamshell case, graphic outer sleeve and special Mint insert card (Certificate of Authenticity).