This new Canadian coin looks like a loonie but it has a different animal and costs more than $1

The Royal Canadian Mint is the only mint in the world to offer a coin like this. 👀

pile of canadian coins with loonies, toonies, quarters and dimes

Canadian coins, including loonies.

Stefan Malloch | Dreamstime
Senior Writer

There's a new Canadian coin, and it looks like a loonie but with a different animal.

Also, it costs way more than just $1!

The Royal Canadian Mint recently dropped the 2026 Specimen Set — Barn Owl coin.

It's the seventh specimen set put out by the Mint meant to raise awareness about wildlife conservation and species recovery efforts in Canada.

Each year, the Specimen Dollar of this set features a different animal.

The new coin in this Specimen Set features a barn owl on an oak branch with leaves and acorns, looking at its surroundings from the elevated vantage point.

Canadian artist Pierre Girard designed the reverse side of the 2026 Specimen Dollar.

It has a "specimen finish," which means the engraving of the owl is frosted and against a lined background. The Royal Canadian Mint is the only mint in the world to issue an annual set of coins with that type of finish.

The design of this coin is just like a regular loonie you can find in your change, including the gold colour and CANADA DOLLAR engraving.

Also, the classic $1 coin has a prominent outer edge that features points rather than being completely round. The Barn Owl coin has that as well.

The new Barn Owl $1 coin is exclusive to the 2026 specimen set, so you won't find it anywhere else.

reverse side of barn owl $1 coin with engraving of owl on branch Barn Owl $1 coin.Royal Canadian Mint

The obverse of the Barn Owl coin features the effigy of King Charles III that was designed by Canadian artist Steven Rosati.

It also features an engraving of CHARLES III and D. G. REX, just like the classic loonie.

obverse side of barn owl $1 coin with king charles effigy Obverse of Barn Owl $1 coin.Royal Canadian Mint

In this set, all six denominations of Canadian circulation coinage are included. That means you get a $2, $1, 50-cent, 25-cent, 10-cent and five-cent coin.

Even though there isn't even $4 worth of coins in the set, it costs you way more than that.

The new Barn Owl specimen set is available for purchase for $64.95, so it costs about $10 for each coin.

According to the Royal Canadian Mint, the annual Specimen Set is one of the most popular coin sets. There is a limited mintage of 30,000 sets for 2026.

This article's cover image was used for illustrative purposes only.

  • Senior Writer

    Lisa Belmonte (she/her) is a Senior Writer with Narcity Media. After graduating with a Bachelor of Journalism from Toronto Metropolitan University (formerly Ryerson University), she joined the Narcity team. Lisa covers news and notices from across the country from a Canada-wide perspective. Her early coverage of the COVID-19 pandemic earned Narcity its first-ever national journalism award nomination.

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