Canadian One Dollar Coin (Loonie) (not authenticated)

The item is a circulating coin, specifically a Canadian one-dollar coin commonly known as a loonie. The physical characteristics include an eleven-sided (hendecagonal) metallic planchet with a golden-colored appearance, consistent with bronze-plated nickel composition typical for this denomination. The obverse reverse shown displays the iconic reverse design featuring a common loon swimming on a still lake with a stylized forest background on the shore. Prominently stamped around the perimeter is the text reading 'CANADA' across the top and 'DOLLAR' across the bottom. The date '1987' is clearly visible directly below the central water line, which marks the introduction year of this coin type. Additionally, the initials 'R.C.' are visible on the right side near the loon. Condition-wise, the coin exhibits minor surface wear, typical circulation scratches, and mild tarnish or patina appropriate for its age, but retains a clear and legible strike. The identification is based on the distinct eleven-sided shape, the central loon motif, and the clearly stamped lettering and date, though the piece remains unauthenticated as to its exact mint state or grade.

Based on what I can see in the photograph, the item presents visual characteristics consistent with a 1987 Canadian one-dollar coin, commonly known as a loonie. The eleven-sided shape, the bronze-plated appearance, and the depicted loon motif align with this classification. However, I can't verify from a photo whether the composition, weight, and metallic properties are correct, nor can I determine the precise mint state grade without a physical inspection. Assuming the coin is as it appears and represents an ordinary circulation-strike piece from the inaugural year of issue, typical market behavior for similar circulating coins in circulated condition ranges from face value up to approximately ten dollars for nicer preserved examples. Demand for modern circulating commemorative or base-metal coinage is generally modest among collectors unless the piece possesses a rare error or a certified high-grade mint state. To confirm authenticity and exact grade, an in-person examination by a numismatic expert, along with potential weight and compositional testing, would be necessary. If this item turns out to be a modern replica, souvenir copy, or token rather than a legitimate circulating issue, the value would be reduced to nominal or zero.