1994 Canadian One-Dollar (Loonie) Value Guide
What is your 1994 Canadian Loonie worth? Complete CAD price guide for the Common Loon and National War Memorial designs by grade and finish, plus RCMP Silver Proof values.
Most 1994 Canadian Loonies found in circulation are worth their $1.00 face value. In Gem Uncirculated grades, the Common Loon reaches $10.00 and the scarcer National War Memorial design climbs to $35.00 at MS-65.
- Circulated (G4–AU50), either design: Face value ($1.00)
- Uncirculated Common Loon — MS-63: $3.00 | MS-65: $10.00
- Uncirculated War Memorial — MS-63: $2.50 | MS-65: $35.00
- Common Loon Proof-Like (PL-65): $6.00
- Common Loon Specimen (SP-65): $5.00
- War Memorial Proof — Bronze Plated (PF-65): $10.00
- RCMP Silver Proof (PF-65, .925 silver): $110.00
Is it shiny or from a set? A mirror-field coin is almost certainly a Proof-Like (PL) or Specimen (SP) from an RCM collector set — not a rare high-grade Business Strike. Is it silver? Standard 11-sided Loonies contain no silver and are strongly magnetic. The round, reeded-edge RCMP Northern Dog Team Patrol dollar is the only 1994 $1 coin struck in .925 Sterling Silver. See full value chart →
All values in CAD as of February 2026.
The 1994 Canadian one-dollar coin — the Loonie — stands out within the series for featuring two designs struck for general circulation: the enduring Common Loon by Robert-Ralph Carmichael and the National War Memorial (Remembrance) commemorative, honouring Canadian veterans of the First World War, Second World War, and the Korean War. A third, non-circulating issue — the RCMP Northern Dog Team Patrol — exists exclusively as a .925 Sterling Silver proof. All three designs carry the Third Portrait of Queen Elizabeth II by Canadian artist Dora de Pédery-Hunt on the obverse. For values across all years of the denomination, see our Canadian Loonie Value Guide.
Note: Errors exist for 1994 and can command significant premiums, but they are outside the scope of this standard value guide.
1994 Canadian Loonie Composition & Melt Value
Left: the distinctive 11-sided (hendecagonal) plain edge of the standard Loonie. Right: the round, reeded edge of the RCMP Silver Proof. Edge shape is the fastest diagnostic tool. (Illustration — not a photo of your exact coin)
Standard Issues (Business Strike, PL, SP, and Bronze Proof)
All Business Strike, Proof-Like, Specimen, and standard Proof editions of both the Common Loon and the National War Memorial are struck in Aureate Bronze Plated Nickel. The architectural core is solid, pure nickel — comprising 91.5% of the 7.00-gram total weight — chosen for its hardness, resistance to mechanical deformation, and precisely defined electromagnetic signature used by vending machines, parking meters, and transit fare systems across Canada. Over this nickel core, an advanced electrochemical process bonds an aureate bronze plating layer (approximately 88% copper and 12% tin), which constitutes the remaining 8.5% of total weight and produces the characteristic gold-like hue that gave the coin its popular nickname.
Because these coins contain absolutely no precious metal, their intrinsic commodity melt value is economically negligible. The absolute baseline value of any standard 1994 Loonie — regardless of design or finish — is its $1.00 legal tender face value. Any premium above that floor is purely numismatic in origin.
Magnet test: Apply a neodymium magnet to any standard 1994 Loonie. It will adhere firmly and immediately. The solid nickel core creates a powerful magnetic bond. A standard 11-sided coin that fails to stick to a magnet is either the Silver Proof described below or potentially a counterfeit requiring further investigation.
RCMP Northern Dog Team Patrol — Silver Proof Exception
The 1994 RCMP Northern Dog Team Patrol Proof Dollar is the sole precious-metal exception in the 1994 $1 series. Issued to commemorate the 25th anniversary of the legendary 1969 sled dog patrol from Old Crow, Yukon to Fort McPherson, Northwest Territories, this coin is struck on a completely different planchet: .925 Sterling Silver (92.5% silver, 7.5% copper added to harden the alloy against warping during high-pressure proof striking). It is round, not 11-sided, has a reeded (milled) edge, and is not magnetic. Its significantly greater weight — 25.175 grams versus 7.00 grams for the standard Loonie — provides immediate confirmation on a jeweller’s scale.
Because this coin contains a substantial quantity of silver, it carries a fluctuating intrinsic melt value as its pricing floor:
Melt Value Formula: Total Weight × Purity × Spot Price = Intrinsic Melt Value
Calculation (February 27, 2026): 25.175 g × 0.925 × $4.00 CAD/g = $93.15 CAD
Silver spot price source: SilverPrice.org — Silver Price Canada (accessed February 27, 2026). Spot prices fluctuate daily; recalculate using the current rate for the most accurate floor at any given time.
1994 Canadian Loonie Value Chart by Grade & Finish
The 1994 Loonie series encompasses three distinct designs across four finish types. Use the navigation below to jump directly to the table you need.
The two circulating 1994 reverse designs. Left: Common Loon (mintage ~25,406,000). Right: National War Memorial / Remembrance (mintage ~15,000,000). (Illustration — not a photo of your exact coin)
1994 Canadian Loonie — Business Strike (Circulation)
Over 40 million 1994 Loonies entered general circulation. Any example grading Good (G4) through About Uncirculated (AU50) is worth face value only. Numismatic premiums begin to materialize at the MS-60 threshold and accelerate sharply above MS-65, where the heavy 7.00-gram, 26.50 mm planchet’s vulnerability to bag marks during automated striking, ejection, and bulk-bin handling makes flawless survivors statistically rare. Mintage figures per the Saskatoon Coin Club Mintage Database.
| Design | Mintage | G4 | VG8 | F12 | VF20 | EF40 | AU50 | MS60 | MS63 | MS65 | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Loon (11-sided) | ~25,406,000 | FV | FV | FV | FV | FV | FV | $1.50 | $3.00 | $10.00 | Friction appears first on the Queen’s cheek, jawline, and diadem base. MS-66 and MS-67 examples are extreme rarities — see trophy values in the Variants section. |
| National War Memorial (11-sided) | ~15,000,000 | FV | FV | FV | FV | FV | FV | $1.50 | $2.50 | $35.00 | The intricate cenotaph’s expansive flat surfaces and shallow-relief statues are highly susceptible to contact marks. Lower mintage and condition rarity drive a significant MS-65 premium. An MS-67 example has sold for approximately $139.99 CAD (trophy level). |
Values per NGC Price Guide — Canada Dollar KM-248 (accessed February 2026) and Coins and Canada — 1994 $1 Prices (accessed February 2026).
ℹ️ The MS-65 Value Cliff
The jump from MS-63 ($2.50–$3.00) to MS-65 ($10.00–$35.00) is steep and reflects genuine population scarcity. A coin grading MS-65 must exhibit outstanding, uninterrupted eye appeal with virtually no visible bag marks under standard magnification. The 26.50 mm, 7.00-gram planchet suffers heavily during automated bagging and commercial transport. Achieving this tier is a statistical rarity — not a matter of luck.
Left to right: typical circulated Loonie (Face Value); MS-63 Choice Uncirculated (minor bag marks visible); MS-65 Gem Uncirculated (virtually flawless surfaces). The War Memorial’s flat cenotaph surfaces make Gem grades especially elusive. (Illustration — not a photo of your exact coin)
1994 Canadian Loonie — Common Loon Collector Finishes (PL / SP / Proof)
The Common Loon design appears in three collector finishes: Proof-Like (from RCM “Red Envelope” / “O Canada” uncirculated sets), Specimen (from prestige Double Dollar sets), and Proof in Aureate Bronze Plated Nickel (from premium clamshell presentation cases). The National War Memorial design does not appear in PL or SP sets; see its dedicated table below.
| Finish | 63 | 65 | Cameo / Ultra Heavy Cameo | Notes |
|---|---|---|---|---|
| Proof-Like (PL) | $4.00 | $6.00 | Deep original contrast required for full premium | From RCM “Red Envelope” / “O Canada” uncirculated sets. Mirror-flat fields, brilliant unfrosted devices. No mint mark on 1994 PL issues. |
| Specimen (SP) | $3.00 | $5.00 | Deep original contrast required for full premium | From prestige Double Dollar / Specimen sets exclusively. Distinctive matte, parallel-lined fields with lightly frosted devices — a uniquely Canadian finish. |
| Proof — Bronze Plated (PF) | — | $8.00 | Ultra Heavy Cameo frost standard for Proof issues | Deep liquid mirror fields with heavy white frost on devices. Struck in Aureate Bronze Plated Nickel — not silver. Premium clamshell presentation case. |
⚠️ PVC Damage Risk
Proof-Like coins stored in original 1990s RCM pliofilm packaging may develop green PVC residue, opaque haze, or dark carbon spotting over decades. If you see green oxidation, professional conservation with pure acetone is required — do not use nail polish remover or abrasives. PVC-damaged coins revert to face value regardless of their underlying detail.
ℹ️ PL Set Contamination
A “shiny” 1994 Loonie found loose in a collection is almost certainly a Proof-Like coin from a broken RCM set — not a rare high-grade Business Strike. PL coins display mirror-flat, unbroken reflective fields with no cartwheel luster. Dealers frequently discount raw “Uncirculated” coins from this era precisely because of assumed PL origin. The tilt-and-rotate test (see Identification section) unmasks a PL coin attempting to pass as an MS business strike.
1994 Canadian Loonie — National War Memorial Proof (Bronze Plated)
The National War Memorial design was intentionally excluded from standard PL and SP sets, appearing in true Proof format only — struck in Aureate Bronze Plated Nickel and presented in a premium RCM blue clamshell case with Certificate of Authenticity. With a mintage of only 54,524, it is the most restricted issue of the three 1994 $1 designs.
| Design | Mintage | PF65 (Bronze Plated) | Notes |
|---|---|---|---|
| National War Memorial Proof | 54,524 | $10.00–$15.00 | Deep mirror fields with Ultra Heavy Cameo frost on the cenotaph. Haze on fields significantly reduces value. Original RCM case and COA important for full premium. Sources: Colonial Acres; London Coin Centre. |
1994 Canadian Loonie — RCMP Northern Dog Team Patrol Silver Proof
The RCMP Northern Dog Team Patrol Proof is a completely distinct, round .925 Sterling Silver non-circulating legal tender (NCLT) issue carrying an intrinsic melt floor of $93.15 CAD (February 27, 2026). Numismatic value is heavily dependent on the integrity of the Ultra Heavy Cameo frost and the complete absence of packaging haze or milk spots on the deep mirror fields.
| Design / Finish | PF65 | PF67 | Notes |
|---|---|---|---|
| RCMP Dog Team Patrol (.925 Silver Proof) | $110.00 | $120.00 | Melt floor: $93.15 CAD. Values highly sensitive to unimpaired Ultra Heavy Cameo frost and absence of milk spots or chemical haze. PF70 Deep Cameo examples represent the retail ceiling at $120.00–$150.00 CAD. Sources: George Manz Coins (2026); Century Stamps (2026). |
All values in CAD represent typical market prices as of February 2026. For the complete denomination price guide across all years, see our Canadian Loonie Value Guide.
Most Valuable 1994 Canadian Loonie Varieties
Exhaustive review of the Charlton Standard Catalogue of Canadian Coins confirms a clean die production history for 1994: there are no documented Repunched Mintmarks (RPM), Doubled Die Obverses or Reverses (DDO/DDR), large/small bead permutations, or major re-engraved date variants assigned distinct Charlton numbers for this year. Value is driven instead by condition rarity at the top of the Mint State scale, the intentional design split between the Common Loon and the War Memorial, and finish type.
A) Trophy-Level Examples
The 1994 RCMP Northern Dog Team Patrol .925 Sterling Silver Proof: the exclusive precious-metal $1 issue of the year, non-circulating and round. Condition of the Ultra Heavy Cameo frost is the primary value driver. (Illustration — not a photo of your exact coin)
| What | Why It Commands a Premium | Grade Requirement | Documented Value | Source |
|---|---|---|---|---|
| 1994 War Memorial $1 (Business Strike) | Supreme condition rarity. The cenotaph’s expansive flat surfaces and shallow-relief bronze statues are extremely susceptible to contact marks. A flawless survivor with booming original lustre is a registry-level trophy aggressively sought by competitive Registry Set builders. | PCGS or NGC MS-67 | ~$139.99 CAD | eBay / NGC Auction Records (2024–2026) |
| 1994 RCMP Dog Team Patrol $1 (Silver Proof) | Perfect preservation of the heavy .925 silver planchet and unimpaired Ultra Heavy Cameo contrast. Any milk spots, carbon specks, or haze on the deep mirror fields disqualifies the coin from ultimate-grade certification. | PCGS or NGC PF-70 / PR-70 Deep Cameo | $120.00–$150.00 CAD (retail ceiling) | George Manz Coins (2026); Century Stamps (2026) |
Note: Mid-four-figure valuations occasionally appear for 1994 bronze-plated Loonies on unvetted online marketplaces. These asking prices have no support in verifiable public auction archives and are excluded from this guide.
B) Structural Splits Worth Checking
| Variant | Charlton # | How to Identify | Why It Matters | Premium Impact | Source |
|---|---|---|---|---|---|
| National War Memorial Circulation Design | RC-913 | Reverse shows the Ottawa cenotaph at Confederation Square flanked by bronze soldier statues passing through an archway — not a loon | Estimated mintage ~15,000,000 vs ~25,406,000 for the Loon: the statistically scarcer circulating coin of the year | Face value in circulated grades; $35.00 at MS-65 vs $10.00 for the Loon at MS-65 | Saskatoon Coin Club — Dollar Varieties; NGC Price Guide |
| Specimen Finish (SP) Common Loon | N/A | Matte, parallel-lined background fields contrasting with lightly frosted devices; from Double Dollar / Specimen sets only — never from circulation | Strictly NCLT; the matte field texture is visually unmistakable compared to both MS business strikes and mirror-field PL coins | SP-65: $5.00; premium highly dependent on absence of environmental haze | Coins Unlimited (2026) |
| Proof Finish (PF) War Memorial — Bronze Plated | N/A | Deep liquid mirror fields with heavy white Ultra Heavy Cameo frost on cenotaph devices; found exclusively in premium RCM blue clamshell case with COA | Mintage of only 54,524 — the most restricted 1994 $1 issue; the only way to own the Memorial design in true Proof format | $10.00–$15.00 CAD; highly susceptible to permanent haze degrading mirror fields over time | Colonial Acres (2026); London Coin Centre (2026) |
Major mint errors can command significant premiums but are outside the scope of this non-error guide.
1994 Canadian Loonie Identification Guide
Use this 30-Second Checklist to confirm exactly which 1994 $1 issue you have — and which value table applies.
The 1994 Loonie obverse: Queen Elizabeth II wearing a prominent diamond diadem, necklace, and earrings — the Third Portrait by Canadian artist Dora de Pédery-Hunt, used from 1990 to 2003. Key features annotated. (Illustration — not a photo of your exact coin)
30-Second Checklist
Monarch Check: The obverse must show Queen Elizabeth II in the Dora de Pédery-Hunt Third Portrait — a mature Queen facing right, wearing a prominent diamond diadem, necklace, and earrings. This effigy was the first Canadian-designed royal portrait, introduced in 1990 and used through 2003.
Reverse Design Check:
- Common Loon: A solitary loon floating on striated water with a small island and tree silhouette in the background.
- National War Memorial: An intricate tiered stone cenotaph flanked by bronze soldier statues passing through an archway — the monument at Confederation Square, Ottawa.
- RCMP Dog Team Patrol: An officer running alongside a sled pulled by huskies across a snowy expanse. This reverse appears exclusively on the Silver Proof.
Edge and Shape Check:
- 11 flat sides (hendecagon), plain edge: Standard Common Loon or War Memorial — Aureate Bronze Plated Nickel.
- Round, reeded (milled) edge: RCMP Northern Dog Team Patrol Silver Proof exclusively.
Magnet Test (Composition Verification): Apply a neodymium magnet.
- Sticks firmly: Standard 11-sided Loonie (nickel core confirmed). Authentic.
- Does not stick: Either the RCMP .925 Silver Proof (non-magnetic) OR a possible counterfeit. Proceed to the weight check below.
Weight Confirmation: A postal or jeweller’s scale accurate to 0.01 g provides definitive identification. The 11-sided standard Loonie must weigh exactly 7.00 grams. The round RCMP Silver Proof must weigh exactly 25.175 grams. Any significant deviation from these figures warrants closer investigation.
Mint Marks: No mint marks are documented on any 1994 Canadian Loonie — neither circulation coins nor collector set issues. The absence of a mint mark is standard and correct for this era.
Finish Identification — The Critical Step:
Four finish types for the 1994 Loonie: Business Strike (cartwheel luster, bag marks common); Proof-Like (PL, unbroken mirror fields, unfrosted devices); Specimen (SP, matte parallel-lined fields, lightly frosted devices); Proof (deep liquid mirror fields, heavy Ultra Heavy Cameo white frost on devices). (Illustration — not a photo of your exact coin)
Business Strike (MS): The vast majority of coins encountered. Exhibits the classic wheel-spoke “cartwheel” mint lustre caused by microscopic radial flow lines from high-speed die pressure. Tilt under direct light and rotate — the moving brilliance pattern is unmistakable. Even bank-roll examples show small dings and bag marks from automated handling.
Proof-Like (PL): Mirror-flat, unbroken reflective fields and brilliant (unfrosted) devices. From RCM “Red Envelope” or “O Canada” uncirculated sets. Struck at slower speeds and higher pressures than business strikes but without die sandblasting. Critically: no cartwheel effect when tilted and rotated. A PL coin looks like a hand mirror; a business strike looks like a spinning wheel.
Specimen (SP): The uniquely Canadian finish. Background fields display fine, microscopic parallel lines that gracefully diffuse light in a matte, satin effect — neither mirror-flat nor lustrous. Raised devices are lightly frosted. Found exclusively in prestige Double Dollar or Specimen sets. Once seen, the matte Specimen finish is unmistakable.
Proof (PF/PR): The pinnacle of minting technology. Deep, liquid, flawless mirror fields with heavy white “Ultra Heavy Cameo” frost on all raised devices — creating a stark black-and-white contrast reminiscent of frosted glass on a mirror. Struck multiple times at immense pressure. For 1994: the Common Loon and War Memorial Proofs are Aureate Bronze Plated Nickel in clamshell cases; the RCMP Dog Team Proof is Sterling Silver in a premium presentation case.
⚠️ Never Clean Your Coins
Cleaning strips original lustre and permanently embeds parallel hairlines in the coin’s surface, visible under magnification when rotated under direct halogen light. A cleaned Proof or PL coin is immediately identifiable. A cleaned business strike loses its natural cartwheel effect and appears flat and unnatural. Cleaned coins are graded “Details” (damaged) by all major certification services and revert to face value — no numismatic premium is recoverable.
Magnet test: a standard 11-sided 1994 Loonie (nickel core) adheres firmly to a neodymium magnet. The RCMP Silver Proof (.925 silver) is non-magnetic. Any 11-sided coin that fails the magnet test warrants investigation. (Illustration — not a photo of your exact coin)
1994 Canadian Loonie Value FAQs
What is a 1994 Canadian Loonie worth?
It depends on design, condition, and finish. Any 1994 Loonie found in circulation — Common Loon or National War Memorial — is worth its $1.00 face value in grades G4 through AU50. In uncirculated condition, the Common Loon reaches $3.00 at MS-63 and $10.00 at MS-65. The War Memorial reaches $2.50 at MS-63 and $35.00 at MS-65. The RCMP Silver Proof carries a melt floor of $93.15 CAD and trades for $110.00–$120.00 in certified grades. All values in CAD as of February 2026.
Is the 1994 Canadian Loonie rare?
In circulated grades, no — over 40 million were struck and extensively distributed. However, true Gem Uncirculated (MS-65) examples are statistically rare for either circulating design, because the heavy 26.50 mm planchet sustains bag marks during automated minting, bagging, and transport with very high frequency. The War Memorial at MS-65 ($35.00) is notably scarcer than the Common Loon at MS-65 ($10.00), reflecting both its lower mintage (~15,000,000) and the extreme difficulty of its flat cenotaph surfaces surviving contact-free. The War Memorial Proof is the most restricted issue at only 54,524 struck.
What makes a 1994 Canadian Loonie valuable?
Three factors drive value above face: (1) Grade — the MS-65 value cliff is where premiums jump dramatically; MS-67 certified War Memorial examples have sold for approximately $139.99 CAD. (2) Design — the War Memorial commands significantly higher Gem-grade premiums than the Common Loon due to lower mintage and the difficulty of its flat design surviving unmarked. (3) Finish — a genuine Proof (bronze or silver) or Specimen coin carries a premium over business strikes at equivalent grades. Ultra Heavy Cameo contrast on Proof and PL issues is an additional value driver.
Does the 1994 Canadian Loonie contain silver?
Standard 11-sided Loonies — both the Common Loon and the National War Memorial — contain no silver. They are Aureate Bronze Plated Nickel with a negligible commodity melt value; their baseline is the $1.00 face value. The only 1994 $1 coin struck in silver is the RCMP Northern Dog Team Patrol Proof, which is .925 Sterling Silver, round-shaped, and non-magnetic. Apply a magnet to test: standard Loonies are strongly magnetic due to their nickel core; the Silver Proof is not.
What are the two different 1994 Canadian dollar designs?
The 1994 production year features two distinct reverse designs that circulated widely. The Common Loon (Robert-Ralph Carmichael, mintage ~25,406,000) shows a solitary loon on striated water with an island and tree silhouette — the same reverse used since the Loonie’s introduction in 1987. The National War Memorial / Remembrance (Charlton RC-913, mintage ~15,000,000) depicts the Ottawa cenotaph at Confederation Square, originally erected for WWI veterans and rededicated in 1982 to include WWII and Korean War veterans. A third design, the RCMP Northern Dog Team Patrol, exists only as a .925 Sterling Silver NCLT Proof.
Should I get my 1994 Canadian Loonie graded?
Third-party certification costs should be weighed against the coin’s potential numismatic premium. For a Common Loon business strike, grading only makes economic sense if the coin appears to reach the MS-65 ($10.00) or higher threshold. For the War Memorial, the MS-65 value ($35.00) may justify submitting a visually exceptional example. The RCMP Silver Proof at $110.00–$120.00 in PF-65/PF-67 — and potentially $120.00–$150.00 at PF-70 — is the strongest candidate for third-party certification. The International Coin Certification Service (ICCS) is the rigorous domestic Canadian standard, known for conservative technical grading. PCGS and NGC offer superior international liquidity and are preferred for competitive Registry Set submissions.
What is the difference between a PL and an SP finish?
Proof-Like (PL) coins come from RCM “Red Envelope” or “O Canada” uncirculated sets. They have mirror-flat, reflective fields and brilliant (unfrosted) devices — struck at slower speeds without the die sandblasting that creates frost. Specimen (SP) coins come from prestige Double Dollar or Specimen sets and display the uniquely Canadian matte finish: fine microscopic parallel lines in the fields that gracefully diffuse light rather than reflect it, paired with lightly frosted devices. Neither PL nor SP coins are true Proofs — a Proof has both deeply mirrored fields AND heavily frosted Ultra Heavy Cameo devices simultaneously.
What is the 1994 RCMP Silver Proof and how is it different from a regular Loonie?
The 1994 RCMP Northern Dog Team Patrol Proof is a completely distinct non-circulating legal tender (NCLT) issue. It is round (not 11-sided), has a reeded edge (not plain), weighs 25.175 grams (versus 7.00 g for a standard Loonie), and is struck in .925 Sterling Silver rather than Aureate Bronze Plated Nickel. It is not magnetic. It commemorates the 25th anniversary of the 1969 RCMP sled dog patrol from Old Crow, Yukon to Fort McPherson, NWT. Its intrinsic melt value is $93.15 CAD at February 2026 silver prices, and certified PF-65 examples trade for $110.00.
How do I tell if my 1994 Loonie is a Business Strike or a Proof-Like (PL)?
Tilt the coin under a direct, single-source light and rotate it slowly. A Business Strike produces the classic “cartwheel” effect — a moving, spoke-like pattern of brilliance caused by microscopic radial flow lines from high-speed striking. A Proof-Like (PL) shows a flat, unbroken mirror reflection with no cartwheel movement, like a hand mirror. PL coins also tend to have sharper device details and fewer bag marks than business strikes. If the coin was originally in an RCM Red Envelope or “O Canada” packaging, it is definitively a PL.
Methodology & Sources
Values in this guide represent typical retail market prices as of February 2026 in Canadian Dollars (CAD), synthesized from the following authoritative sources. Prices reflect problem-free, uncleaned, certified or certifiable examples. Melt values use silver spot prices accessed February 27, 2026 and fluctuate daily.
- Coins and Canada — 1994 $1 Prices (accessed February 2026): retail baseline values and business strike scarcity metrics.
- NGC Coin Explorer & Price Guide — Canada Dollar KM-248 (accessed February 2026): international market values and MS-65+ population breakpoints.
- Royal Canadian Mint — 1-Dollar Circulation Page (accessed February 2026): official mintage figures and design narratives.
- Saskatoon Coin Club — Canadian Circulation Coin Mintage Quantities: design-level mintage breakdown.
- Saskatoon Coin Club — Canadian 1-Dollar Coin Major Varieties: variety and die variety confirmation.
- Numista — 1 Dollar Elizabeth II (National War Memorial), Canada: specifications and collector reference.
- Charlton Standard Catalogue of Canadian Coins (editions 1996–2026): die variety recognition, NCLT finish definitions, composition parameters, and base pricing algorithms.
- PCGS CoinFacts and Auction Records: top-population and registry-quality market ceiling analysis.
- SilverPrice.org — Silver Price Canada (accessed February 27, 2026): CAD silver spot price for RCMP Silver Proof melt value calculation.
This guide covers standard (non-error) values only. Individual auction results may vary from typical values. Never clean coins — see the Identification section for preservation guidance.
A note on images: To help illustrate coin diagnostics and rare varieties — especially complex errors that are difficult to describe in text alone — this guide uses AI-generated images. All written values, diagnostics, and variety attributions have been manually reviewed against the cited sources above. While our editorial team works to ensure every image is accurate and helpful, AI-generated illustrations may occasionally misrepresent fine details. If you spot any discrepancy between an image and its written description, please contact us or leave a comment below — we review all feedback and correct errors promptly. Numismatic knowledge is a community effort, and your input helps us build a more accurate resource for everyone.