A Question About Cad - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,813
Lex1705 Valued Member Germany 321 Posts	Posted 10/10/2013 05:32 am I'd like to ask,why Canada had not dollar coin before 1935? I think,every country had it's own "big" silver bank coins-peso,frank,mark,rouble,yen,crown.. Canada had also low mintage of early coins,looks like this big country used not so much own money for big transaction as international business. Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 10/10/2013 05:38 am It's a long read http://en.wikipedia.org/wiki/Histor...18th_century John1 Report this Post to the Staff
Lex1705 Valued Member Germany 321 Posts	Posted 10/10/2013 06:04 am Oh,thanks,I'll read it=) Report this Post to the Staff
SelectCoinCanada Valued Member Canada 414 Posts	Posted 10/10/2013 09:39 am I quickly scanned the article and was surprised not to see any mention of the 1911 Canadian silver dollar. Although only 3 specimens were struck, 2 in silver, 1 in lead, it's still worth mentioning. This may not be the best article about it, but short and sweet. http://www.diverseequities.com/index.php?item=2 Report this Post to the Staff
AgCoinAu Pillar of the Community Canada 3049 Posts	Posted 10/10/2013 10:01 am To me this was a great read...Love the history! Report this Post to the Staff
DBM Pillar of the Community Canada 9866 Posts	Posted 10/10/2013 10:17 am Quote: looks like this big country used not so much own money for big transaction as international business. Then as now the Canadian dollar was shunned as a medium of international exchange.The majority of trade was with the US and Great Britain.Eagles and sovereigns were used for payment,they were legal tender in Canada,and readily available from the banks.Our legislators saw no need for a one-dollar circulating coin,the '35 dollar was intended as a commemorative,the mint discovered there was money to be made issuing circulation coins that wouldn't really circulate,and continued the minting of silver dollars. "Dipping" is not considered cleaning... -from PCGS website Edited by DBM 10/11/2013 12:53 am Report this Post to the Staff
Libertad Pillar of the Community Canada 3692 Posts	Posted 10/10/2013 3:48 pm Because as a British commonwealth nation it had all the silver it needed from GB and USA. 1935 was when the Bank of Canada took hold of our currency. Besides, if Canada ever needed an infusion of money we have plenty of playing cards ready. Report this Post to the Staff
	Replies: 6 / Views: 1,813

To participate in the forum you must log in or register.

All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Coins and Colonial Tokens

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.22 seconds to rattle this change.