Wednesday, September 19, 2012

1987 Canada Dollar

Have a Canada dollar coin and want to know its value? Leave a comment

1987 saw the first Loonie issued and it was totally an accident. Okay not totally an accident the Canadian government did redesign the dollar coin to make it lighter, smaller, eleven-sided, and a different color. What they did not intend was to change the voyageur reverse of the previous year. Something happened to the master dies and they disappeared in transit. To thwart possible counterfeiters a new reverse design was used, the majestic loon.


The most common of all the loonies they flooded into circulation. They circulated along with the Canadian dollar bill until the dollar bill was withdrawn in June of 1989. Since then dozens of commemorative designs were issued for circulation and collectors.

Currently the new 2012 Canadian dollars have laser etching and a new composition causing troubles in the vending machine industry. Still globally the Canada dollar is doing great and is still higher than the American dollar.

Here's the stats...
Type/Country: 1 Dollar / Canada
Year: 1987
Mintage: 205,405,000
Metal: Aureate-Bronze Plated Nickel: 91.5% Nickel, 8.5% Bronze
Value: $1.03 in Very-Fine

Do you have a dollar from Canada and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you

20 dollars worth, for Comments/Questions click here.:

Anonymous said...

Hello, I have a 1987 Canadian dollar with a loon, and a 1996 two dollar with a polar bear. Are these coins worth more than face value? Thanks.

Man said...

1987 Canadian dollar with a loon, and a 1996 two dollar with a polar bear

Unfortunately both are just face value.

Joseph Glennie said...

Hello. I know someone who has a sheet of 40 uncut canadian dollar bills ordered straight from the mint the year they took them out of circulation, and I was wondering what they'd be worth.

Man said...

sheet of 40 uncut canadian dollar bills ordered straight from the mint the year they took them out of circulation

About $160.00

Linda Joy said...

I have a Canadian dollar dated 1867-1992. What is the value of this coin. Thanks

Linda Joy said...

I have emptied out a can of assorted Canadian coins. I am not sure what dates to save. Does anyone know what dates are valuable to save or cash in. Thanks in advance.

Man said...

Canadian dollar dated 1867-1992 just $1.00

...assorted Canadian coins. I am not sure what dates to save. Does anyone know what dates are valuable to save or cash in.
--Most 1991 coins have extra value, any 1968 or older coins also are keepers.

Anything 1969 or older that does not have an error is generally face value.

Anonymous said...

I have a one dollar bill from canada from the year 1973 with a serial number ME5854800 and I'd like to know if it's worth anything more than one dollar thanks.

Man said...

one dollar bill from canada from the year 1973 with a serial number ME5854800

Just $1.00

Deiñessy Sean Soriano said...

i do have a 1987 canadian dollar coin but i dont know how much it's existing value.

Man said...

1987 canadian dollar coin just $1.00

Matthew Vaters said...

I have a 5 dollar bill from 1987. Any idea if its worth something?

Man said...

5 dollar bill from 1987

Assuming from Canada about $5.00

Matthew Vaters said...

OK thanks!

Anonymous said...

How much is the 1987 Canadian coin with the loon on the back worth?

Man said...

1987 Canadian coin with the loon just $1.00

brittany brown said...

I have the coin above its from 1983 is it worth anything?

Man said...

I have the coin above its from 1983

Same just $1.00

Unknown said...

I have a canadian coin 1989

Man said...

canadian coin 1989

Face value based on denomination.