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 (the same as the monarch of the UK) 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. 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 "loonie" (note the spelling) is a current term for the Canadian dollar coin. This was likely what the script referred to, and it was simply misspelled. Of course, the spelling convention could have changed over the course of three hundred years.

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