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ramriot commented on the word looney
3. A single Canadian dollar coin in common circulation, so called because of the obverse engraving showing a common loon water-bird. Historical note: This version of the one dollar coin had to be created in a great hurry after the master stamps for what was supposed to be the one dollar coin were lost in transit to the mint after being sent via an unsecured courier. Also see Tooney, the common name of the two dollar coin which does not share the same obverse design but is called by association to the earlier 'new' one dollar coin.
June 26, 2009