A looney, or loonie, was a type of coin, equal to one dollar, that was used in Canada during the 20th century through the 22nd century. First issued in 1987, it featured the image of a loon on one side, and the head of the then-current monarch of Canada on the reverse.

Michael Eddington kept what he referred to as a "lucky loonie." It had been a family heirloom for over two hundred years, as of 2373. He left the loonie, along with other personal items, on Deep Space 9 when he joined the Maquis. Benjamin Sisko believed it might have been placed in an assay office locker after his defection. (DS9: "Blaze of Glory")

The script refers to the coin as a "looney" as opposed to a "loonie," the current correct spelling for the Canadian dollar coin. This was likely simply a misspelling. (Neither spelling actually appears on screen.).
The script's use of the term "lucky looney [sic]" was prescient as the phrase came into vogue during the 2002 Winter Olympics in Salt Lake City when a tradition was established of embedding one of the coins in the ice prior to the finals of the Men's and Women's hockey competitions, resulting in both Canadian teams winning gold. Since then, the Royal Canadian Mint has issued special "Lucky Loonie" pressings for every Olympics.

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