I would say it would only be worth face value; one Canadian dollar.
Loonies are made of 88% copper and 12% TIN
The modern "loonie" dollar was introduced in 1987.
loonie
It's worth one Canadian dollar.
The Canadian dollar (sign: $; code: CAD) is the currency of Canada.The Canadian one dollar coin is also known as the "Loonie" due to the fact that it bears the image of the common loon.Coins are produced by the Royal Canadian Mint in Winnipeg, Manitoba, and currently issued in denominations of 5¢ (nickel), 10¢ (dime), 25¢ (quarter), 50¢ (50¢ piece) (though the 50¢ piece is rarely used in most provinces), $1 (loonie), and $2 (toonie).Pennies are no longer minted in Canada.
the queen was on the Canadian one dollar bill witch ceased circulation in 1989 after the successful implementation of the Canadian Loonie in 1987.
Canadian Dollars. They are not at all the same as American Dollars, they just have a similar name. Funny enough, the Canadian 1-Dollar coin (not a paper bill, but a metal coin) is called a Loonie, because of the loon (a breed of bird) depicted on it. Some have come to call the Canadian Dollar in general the Loonie, like the American Dollar might be called a buck (http://en.wikipedia.org/wiki/Loonie).
The Loon. It is on Every Canadian one dollar coin. Which happens to be called a 'Loonie' Sources: I am Canadian
A twoonie is called a twoonie because it's a tip-off from the loonie. The Canadian loonie is one dollar, so the two-dollar coin thus became so-named as the twoonie.
The Canadian dollar which , which a 1$ coin is called a loonie and a 2$ coin is a toonie
They now use a $1 coin irreverently called a loonie because it carries a picture of a swimming loon.
Whether it's a US Anthony dollar or a Canadian "loonie", it's only worth face value.