Loonie Error?

still need better pics a lot of interesting stuff going on. Nothing yet that screams PMD IMO

Looks like it was whacked with a "soft die"... meaning, someone took a real loon dollar, and pressed it into a soft metal (like pure copper) creating a "die", and then using that metal to "whack" the coin, giving the impression of raised elements, especially the ridges on the obverse. This type of post-mint damage is way more prevalent in US coins, and perhaps a US error collector could speak more to that here.

The bottom of the coin, at 6 o'clock on the reverse, really does not look like anything natural, it looks like the plating is lifting up (these coins are thickly plated, with pure nickel cores).

My gut tells me this is not a real error (but then again, after 4 days at a mining and geology conference and consuming vast quantities of beer, my gut is not overly reliable right now), but I cannot say too much more without seeing this thing in hand. Your profile says you are from Oshawa, perhaps you could bring it to the Coin Expo in late May, where I know several advanced error collectors will be gathering.

PS - I moved this thread to the error & variety forum.

Took it in to a local coin guy today. He was impressed by the coin. He believed it was legit and took some pictures. Does anyone have any idea on what the value could be? He suggested it would be quite high.

He told me that he hasn't seen anything like that before and suggested it could be very valuable. He said if someone offered you $500 don't take it as it could be worth much more. He took a few pictures and suggested I get it authenticated. He believed it to be legit. He has a large collection that he sells at the Fleamarket on weekends. Many old,rare coins etc
I think I will bring it to the coin show in May. Who should I take it to?

For all its worth...Here is a 3D look at your coin.
Robert

Is that the flea market in Pickering ?

It kinda looks like it got stuck between 2 die caps with one folded over and flattened.