While reading this, I heard echos of some of the names we currently use for coinage.
Here in Canada, we replaced our dollar bills in 1987 with coins of the same value. Why? Because a coin lasts way longer (20 years) in circulation than bills (less than a year), itâs simply an economic measure and cheaper for the Canadian Mint in the long run. It was argued that the Canadian Mint would save $175 million a year when they switched from the $1 bill to the $1 coin.
The dollar coin had a Common Loon on the back and an engraving of Queen Elizabeth on the front side. This was the second design. The first design with an Indigenous person and a French voyageur paddling a canoe, but the master dies were lost during delivery. Look it up.
So, of course, Canadians immediately started calling the coin a âLoonieâ after the bird on the back.
When the Canadian mint retired the two dollar bill (yes, we used to use those heavily), the new coin had the Queen on one side and a polar bear on the obverse.
And what did Canadians as a country immediately name this new coin? Did we call it a âBearâ, or maybe a âPolarâ or something related to our northernmost territories? Maybe an âIce Flowâ or a âBurgâ after icebergs that float down from the Great White North?
And in case you hadnât figured it out, we call them âTooniesâ.
And yes, âToonieâ is a portmanteau (a combination of two words) of âtwoâ and âloonieâ.
Now, the dollar coins have Loons on them, but you are just as likely to find many different engravings, celebrating different events and folks of importance to Canadians, such as the Parliament buildings, the WW1 Vimy Ridge memorial, Terry Fox, the Vancouver Winter Games, The Grey Cup, Anniversary of Parks Canada, the Anniversary of Canadian Confederation, just to name a few. Not to be left out, the Toonie has had a number of different redesigns as well.
And what do we call all of these different coin designs?
Yup, no matter what the obverse design is, they are all still Loonies and Toonies.
And if you are like most Canadians, you probably have a few of these coins a jingling in your pocket, waiting to be spent on another Canadian universal, the âDouble Doubleâ at what ever local coffee shop you grab your cup of joe from. Thereâs a whole other story about how that phrase became a thing.