Last updated on May 2nd, 2024 at 03:35 pmLast Updated on May 2, 2024 Posted by Colonial Acres Coins When talking about paper money, there is no shortage of those who believe that it is nearing its end. On the other hand, a vast number of people are of the opinion that it will never die. There are a number of reasons why paper money was, is and will most likely be just as important in the near future. Some of these reasons are because it is accepted almost everywhere, it is versatile, convenient and its use can’t be that…
Archives for September 2018
Before Confederation: Currency Of The Atlantic Provinces 4-Coin Set
Last updated on May 2nd, 2024 at 03:35 pmLast Updated on May 2, 2024 Posted by Colonial Acres Coins Prior to Confederation in 1867, each Canadian province formed a separate British colony which meant that each one had its own unique cultural identity and even their very own coins. This is a fact that adds an interesting note of diversity to coins of Canada and the country’s coin history in general. The Royal Canadian Mint celebrates this time with a Pure Silver 4-Coin Set – Before Confederation: Colonial Currency of the Atlantic Provinces. The set re-visits the 19th-century reverse designs…
1936 “Dot Cent” Penny – Canada’s Rarest Coin?
Last updated on May 2nd, 2024 at 03:35 pmLast Updated on May 2, 2024 Posted by Colonial Acres Coins When it comes to rare Canadian coins, there are, ironically, many of them in existence today. Some are rare because they only exist in very small numbers, while other ones were minted specifically for that purpose. Certainly, one of the rarest examples currently in circulation is the “Dot Cent” penny produced in 1936. With just three of these rare coins produced, enthusiasts view them as some of the most highly sought after coins. During King George V’s last year of sovereignty,…
A Look Into The First Gold Coins Minted In 1912
Last updated on May 2nd, 2024 at 03:35 pmLast Updated on May 2, 2024 Posted by Colonial Acres Coins In 1853, Canada decided to implement the gold standard. This allowed trade to be straightforward, but it also meant that appropriate amounts of gold needed to be kept in reserve to support the country’s currency. One of the benefits of this decision was that it fueled interest in the Canadian mint and particularly in the production and design of gold coins. When local miners found gold in the Klondike area of Yukon, thousands of Canadians got caught up in the gold…
