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1987 Loonie (First Year)
1987
The 1987 Loonie (First Year) is a 1987 nickel coin from the Royal Canadian Mint, weighing 0.2251 troy ounces (7.00 g) at .800 purity. It is part of the Elizabeth II Modern (1968-2022) series. It carries a face value of $1 dollar CAD. It was produced with a mintage of 205,405,000. This coin is sold out at the Royal Canadian Mint and is now available only on the secondary market.
Metal
Nickel (.800 pure)
Weight
0.2251 oz (7.00 g)
Mintage
205,405,000
Denomination
1 dollar
Diameter
26.5 mm
Edge
Plain (smooth)
Shape
11-sided
Finish
Circulation
Series
Elizabeth II Modern (1968-2022)
Obverse
Arnold Machin
Reverse
Robert-Ralph Carmichael
Est. Value
Face Value
Status
Sold Out
Collector Value by Grade
| VG-8 | F-12 | VF-20 | EF-40 | AU-50 | MS-60 | MS-62 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $1 | $1 | $1 | $1 | $1 | $1 | $3 | $4 | $10 | $23 | $47 | $191 |
Source: Coins and Canada. Prices in CAD.
Identification Tips
Gold/bronze colour; 11-sided; first loonie.