The modern "loonie" dollar was introduced in 1987.
steel
It's worth one Canadian dollar.
In 2002, at the Salt Lake City Olympics, the ice at the rink was made by a Canadian. He placed a loonie at centre ice to give the Canadian Olympic teams good luck.
Loonies are made of 88% copper and 12% TIN
In Canada we have the loonie which is worth 1 dollar and is a coin. But the penny, which is worth 1 cent, was just taken out of circulation.
The Canadian $1 "loonie" coin is 26.5 mm in diameter and 1.95 mm thick, exactly matching the diameter of US $1 coins. Coins made from 1987 to 2011 weigh 7.00 gm. Due to a composition change coins minted in 2012 and later weigh 6.27 gm. By contrast their US counterparts weigh 8.1 gm.
The Canadian 1 dollar coin (commonly called Loonie) is a gold-coloured, bronze-plated, one-dollar coin introduced in 1987. It bears images of a common loon, a well-known Canadian bird, on the reverse, and of Queen Elizabeth II on the obverse.
Mutated gay man gave the loonie aids and the loonie did a flip and died.
http://en.wikipedia.org/wiki/Loonie 91.5% Ni, 8.5% bronze plating (88% Cu, 12% Sn)
All us coins made in 1978 have the word LIBERTY on them. What coin are you asking about?
Assuming you have a gold-colored "Loonie" coin, it's only worth face value. Like the Sacagawea and Presidential dollars in this country, it's not made of gold. 1990 Loonies are made of nickel plated with a gold-colored brass alloy.
This is one of the Canadian commemorative coins that were not made of silver and has very little numismatic value. If it is uncirculated and has no marks on it, it may be worth about $5 USD. Otherwise, at the market exchange rate, current to mid March 2009, it is worth $0.79 USD.