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Canada Loses Dies for $1 Coin, Will Change Its Design

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Associated Press

The Royal Canadian Mint has changed the design of a planned $1 coin after the original master dies were lost and possibly stolen, the government said Thursday.

“Though it is very difficult to produce coins just by virtue of possessing the dies, the loss represents a security breach,” said a statement from the Cabinet-level official in charge, Monique Vezina.

One hundred million new $1 coins, destined to replace the Canadian dollar note, are due to enter circulation in July.

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The original depiction of Canadian explorers on the coin will be replaced by a loon, the statement said.

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