Canadian 1-dollar coin · Elizabeth II

1994 Canadian 1 dollar

A 1994 Canadian 1-dollar coin contains no silver.

No silver

Reported mintage, 1994

40,406,000

The Mint records this coin as 91.5% nickel, 8.5% bronze plating. There is no melt trade in it and no dealer prices it by weight.

What the Mint says it is made of

PeriodCompositionWeightSilverDiameterMagnet
1988 - 200291.5% nickel, 8.5% bronze plating7 gnone26.5 mmattracted

How many were struck

40,406,000

Reported mintage, 1994

That is the 70th lowest of the 80 years in which the Mint reports striking a 1-dollar coin, in a range running from 18,780 to 205,405,000. Mintage is a count of coins made, not of coins that survive: the Mint has no way of knowing how many of these were later returned and melted, and for a silver denomination in the 1960s that number is large.

Portrait on the obverse

Elizabeth II

A new effigy of Queen Elizabeth II was unveiled in 1990 when she was 64 years old. This was the first to be designed by a Canadian, Dora de Pédery-Hunt, and the coin kept the ELIZABETH II D G REGINA inscription.

Every portrait by year

Designs on the reverse

1987 - 1991, 1993 - present

The Loonie

The 1-dollar bill was replaced in 1987 by a new eleven-sided circulation coin nicknamed the 'Loonie'. Robert-Ralph Carmichael's popular design features a Canadian loon, and is made of aureate bronze.

1994

The National War Memorial coin

A representation of the National War Memorial in Ottawa honours the contribution and sacrifice made by Canadian soldiers in both World Wars and the Korean War.

The rest of your 1994 change

Nobody inherits one denomination. If there is a 1994 1-dollar coin in the tin, these are the other coins carrying that date and whether they hold any silver.

DenominationComposition in 1994SilverMintage
1 cent penny98% copper, 1.75% tin, 0.25% zincnone639,516,000
5 cents nickel75% copper, 25% nickelnone99,352,000
10 cents dime99.9% nickelnone145,800,000
25 cents quarter99.9% nickelnone77,670,000
50 cents half dollar99% nickel (minimum)none987,000

Everything Canada struck in 1994

Composition, weight, diameter and mintage are reproduced from the Royal Canadian Mint’s published record for the 1-dollar coin, retrieved 2026-09-04. Silver content is calculated from that published weight and fineness rather than transcribed. Portrait periods come from the Mint’s Faces of the Monarch. No value on this page is a collector price. Methodology.