The Haidas of the west coast used copper shields as a measure of status and wealth. Special objects, such as copper shields, had special economic and social value. The Ojibwe in eastern Canada were noted for mining and trade in copper. During the long period of the fur trade, the beaver pelt was universally accepted as a medium of exchange by indigenous peoples and European traders alike, to the point that beaver pelts, called " Made Beavers", were used as a unit of account by the Hudson Bay Company, to establish consistent pricing of all its trade goods. Indigenous peoples also traded furs with European traders for trade goods such as weapons, cloth, food, silver items, and tobacco. Wampum belts were also used as currency during the early colonial period, and were recognised as legal tender in the early Dutch and British colonies. Wampum belts, made of numerous tiny shells, were used by indigenous peoples in eastern Canada to measure wealth and as gifts. Various items played the role of currency, such as copper, wampum and beaver pelts. The original inhabitants of Canada were the First Nations and Inuit who traded in goods on a bartering basis. There also exists a long history of numismatic coin issues. In the 20th century, Canada has issued many commemorative coins into circulation, temporarily replacing current coinage designs. By the mid-20th century, the Bank of Canada was the sole issuer of paper currency, and banks ceased to issue banknotes.Ĭanada began issuing its own coins shortly after Confederation. With Confederation in 1867, the Canadian dollar was established. The Canadian colonies gradually moved away from the British pound and adopted currencies linked to the United States dollar. During the period of British colonization, additional coinage was introduced, as well as banknotes. During the period of French colonization, coins were introduced, as well as one of the first examples of paper currency by a western government. Wampum and beaver pelts were considered currency. Prior to European contact, indigenous peoples in Canada used items such as wampum and furs for trading purposes, which continued when trade with Europeans began. Series of notes concerned: GOG0100000 to GOG0199999.Illustration of Dominion of Canada $100 note, 1872, showing the old Centre Block of the Parliament of CanadaĬanada has an extensive history with regard to its currencies. As the printer was short on supply, the experience was ephemeral. Between 19, 100,000 copies of 5-dollar bill were printed with a process composed of polymer mixed with paper called "Luminus substrate". The specimen is known with two vertical "SPECIMEN" overprints in red and numbered twice in black "ENA0000000" on the back. The replacement note is recognizable when the third letter of the serial number prefix is an "X". At the bottom, the serial number is printed twice in black with the barcode for the blind. In the background, the word "CANADA" stands out in big letters in the sky of the landscape. In the middle, a Kingfisher perched on a branch overhangs a marsh. Description of the back: the value "5" is repeated in the corners. Five variants of signatures with The Deputy Governor and The Governor. Then the words "CE BILLET A COURS LEGAL - THIS NOTE IS LEGAL TENDER" above the two signatures printed in blue. Above and below in guilloche strips, the text of the issuing institute and its translation "BANK OF CANADA - BANQUE DU CANADA". In the middle in a frame, the word "CANADA" in white on a background of security composed with the text in micro-letters printed continuously: "BANK OF CANADA 5 BANQUE DU CANADA". On the left, the value "5" consisting of a large guilloche digit is repeated in the upper right corner. In the background, a view of the Parliament of Ottawa, the location and year of issue. On the right, a portrait of Sir Henry Charles Wilfrid Laurier, statesman, seventh Prime Minister of Canada from 1896 to 1911 and the first French-speaker to take up this position. In the center at the top, the coat of arms of Canada. Description of the front: security background with the number "5" in micro-letters printed continuously in waves of color gradients. Front and back: Multicolored print predominantly purple, blue and yellow. Two printers: "E, F, G and H" prefixes for the Canadian Bank Note Company, Limited (CBNC) and "A" prefix for the British American Bank Note Company, Limited (BABNC).
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