Last updated on May 2nd, 2024 at 03:31 pmThe Bank of Montreal stands as the Canadian colonies’ first successful creation of standardized currency. In Canada, paper money revolutionized commerce and trade by allowing for a transparent and efficient way to measure the value of goods and services. Read more below about the history of the barter system, why the Bank of Montreal was created, and how Colonial Acres helps collectors build an even more unique portfolio of historical currency. The Barter System and Its Limitations During the days of European explorers’ first contact with the Indigenous tribes of Canada, and…
2022 $30 Multifaceted Animal Family Bald Eagles Silver Coin
Last updated on May 2nd, 2024 at 03:31 pm2022 $30 Multifaceted Animal Family Bald Eagles Silver Coin Canada is home to some magnificent forms of wildlife, and the bald eagle is one of the most majestic. Though often associated with the United States, which claims it as its national bird, the bald eagle is also native to Canada and important to its ecosystem. Therefore, it makes sense that the Royal Canadian Mint has produced a coin to celebrate these fascinating raptors. The $30 Animal Family Bald Eagles coin depicts an aspect of the birds’ lives that most people don’t get…
The Risk and Rewards of Investing in Silver Bullion
Last updated on May 2nd, 2024 at 03:31 pmThe Risk and Rewards of Investing in Silver Bullion Precious metals have a high economic value because of their comparative rarity. Because of their intrinsic value, investing in precious metals is common. The most popular precious metals to invest in are platinum, gold, and silver. Silver bullion in Canada is intended specifically for purchase by investors in the form of either coins or bars. The potential rewards of investing in silver bullion are great, but there are also significant risks involved. Potential Risks of Investing in Silver Bullion When you buy bullion,…
2022 Canada Conservation Stories: Swift Fox Specimen Set
Last updated on May 2nd, 2024 at 03:31 pmThe Royal Canadian Mint is minting collectable coins to raise awareness about endangered Canadian species through its Conservation Stories series of specimen coin sets. This year marks the third set to be released as part of this series and it features the swift fox, a species that actually went extinct in Canada at one point but was later successfully reintroduced. How Can You Tell the Swift Fox Apart From Other Fox Species? Canada is home to several species of foxes in addition to the swift fox, including the grey fox, arctic fox,…
2022 First Strikes Canadian Coin Roll Collection
Last updated on May 2nd, 2024 at 03:31 pmFirst impressions can be unforgettable, and in 2022, the Royal Canadian Mint gives you the opportunity to collect first impressions for yourself. In this context, “first impressions” refer to the first circulation coins to be struck for 2022 at the RCM facility in Winnipeg. Canadian coin rolls in each denomination are collected and displayed side-by-side in a special box for presentation. What Is the History Behind the Royal Canadian Mint’s Winnipeg Location? Rising up majestically from the prairie surrounding it, the Winnipeg location for the Royal Canadian Mint is an impressive glass-panelled…
Answering Common Questions About Canadian Money: Part 1
Last updated on May 2nd, 2024 at 03:31 pmAnswering Common Questions About Canadian Money: Part 1 Money is something that is part of everyone’s life. For some people, it is purely utilitarian: A necessity needed to conduct daily activities and fulfill basic needs and occasional wants. Other people take a specific interest in collecting coins or Canadian paper money with some significance and value. Have you ever wondered about where the money comes from and why it looks the way it does? If so, you are not alone. Here is the first part of a two-part series in which we…
Collecting Coins Related to Hockey Canadas Favourite Sport
Last updated on May 2nd, 2024 at 03:31 pmCollecting Coins Related to Hockey Canada’s Favourite Sport When people think about Canada, what comes to mind? For some, it might be a maple leaf. For others, it might be the beaver or a moose. Canada is known for maple syrup, politeness and nature. But the one thing that might be quintessentially Canadian is ice hockey. Golfer Mike Weir said, “Canada is hockey.” Even athletes from other sports understand that the country’s most prominent activity is hockey. If you love hockey and want to commemorate your joy in the sport, try coin…
The History Behind Why Canadians Celebrate Victoria Day
Last updated on May 2nd, 2024 at 03:31 pmThe History of Victoria Day Canada has been an independent nation since the passage of the British North America Act in 1867. However, Canadians have long recognized their historic ties to the British Empire, which reached its pinnacle under Britain’s second-longest reigning monarch, Queen Victoria. May 24th has been designated as Victoria Day (Fête de la Reine in Quebec) and has been a federal holiday for seventy years. Like Memorial Day in the States, it marks the beginning of summer in the Dominion. In addition to parades, fireworks and gun salutes, the Royal…
Great Britain Myths and Legends Coin Series
Last updated on May 2nd, 2024 at 03:31 pmThe Royal Canadian Mint is not the only one that produces collectable coins in honour of its country’s history and heritage. The Royal Mint in Great Britain also produces collectable coins in series that follow common themes. The Myths and Legends series began in 2022 with three silver coins featuring characters from the legend of Robin Hood. The legend of Robin Hood dates back to the Middle Ages and is one of Great Britain’s most enduring folk stories. There are many different versions of the story, which was first told in ballads…
Queen of Canadian Paper Money
Last updated on October 25th, 2024 at 08:16 amQueen Elizabeth II is the longest-reigning British monarch in Canadian history. In 2015, she broke the previous record set by Queen Victoria, her great-great-grandmother. Throughout her reign, and in fact, even before she became queen, her portrait has been prominent on Canada paper money. As the queen has aged, her portraits on Canadian banknotes have been updated to reflect her maturity. There are some remarkable stories about the Queen’s portraits on Canada’s paper money. What Denomination Does the Queen’s Portrait Appear on? Altogether, the Queen’s portrait has appeared on 18 different designs…
