"Coon" on the other hand,when used loosely, is an obvious racial slur and should be replaced by Raccoon. This is not catering to political correctness, its eliminating a blatant racist term.
Coon Hound is the recognized name of several brreds of American hunting dogs used on Raccoons, bears, cougars, wild boar and four-footed game. Generally preceeded by Black and Tan, Redbone, Plott, Treeing Walker, etc. Not likely to be confused with a racial slur.
I hope you don't plan to bet money on that...