slang, obsolete Any person or thing that is in a position of certain death, failure, or ruin. From the image of a raccoon (commonly shortened to "coon") being hunted for its fur. Primarily heard in US. He said his business would be a gone coon if the bank doesn't approve his loan.
gone coon, a
Also, a gone goose. A person in a hopeless situation, one who is doomed; a dead duck. For example, When he passed me, I knew I was a gone goose. These terms have survived such synonyms as gone chick, gone beaver, gone horse, and gone gander. Stephen Crane used the first in The Red Badge of Courage (1894): "I'm a gone coon this first time." [Slang; early 1800s]
See also: gone
a gone coona person or thing in desperate straits or as good as dead. US informal
Coon in these idioms is an informal abbreviation of raccoon . Raccoons were hunted for their fur, and a gone coon was one that had been cornered so that it could not escape.