The Museum is closed but the curators go shopping
Before the Museum closed, and the Collection moved to Gatineau, the curators regularly hosted a show and tell session for staff to see new acquisitions. With the help of the Museum’s new blog, that tradition will continue; only now, you too will be able to see and learn about some of the brilliant new stars in the Collection. Get out your sunglasses!
Command Coins of the Canadian Armed Forces
General Tom Lawson, Chief of the Defence Staff for the Canadian Armed Forces, recently honoured the National Currency Collection with a gift of 10 command coins from senior commanders of the armed forces. Originally these objects were used to identify members of a specific unit. In Canada they have now taken on a more ceremonial role and are given to individuals for distinguished service or to defence partners in other countries as a sign of respect. Despite their name, command coins are not money, but serve as a testament to the valuable contribution of Canadian command and service personnel.
Dominion of Canada, Specimen registered bond, $5000, August 1915
The Dominion government issued bonds during WWI to finance Canada’s war effort. The issue of August 2, 1915 was a foreign issue, the Dominion government looking to the U.K. and the U.S.A. for financing. It was floated in the U.S. and was payable in Canadian gold coins at the Bank of Montreal in Montréal or in U.S. gold coin at their agency in New York City. The issue consisted of bonds scheduled to mature in 20 years and the rate of interest was 5%.
Consolidated Bank of Canada, $4 note, 1876, overprinted Galt
The Consolidated Bank of Canada was formed by the union of The Royal Canadian Bank in Toronto and Montréal’s City Bank in 1876. It issued notes of six denominations ranging from $4 to $100. Colourful overprints designating the city of issue are found on many notes. Banks in this period were only required to redeem notes at full face value at two places: the issuing branch and at head office. This is the only known example of an overprint for Galt, Ontario appearing on a Consolidated Bank $4 note.
La Rose Mines Limited., stock certificate, 10 shares, 1918
In the fall of 1903, railway workers in the vicinity of Cobalt, Ontario unearthed one of Canada’s largest deposits of silver ore. This discovery quickly led to a mining frenzy. Cobalt was called the El Dorado of the north and by 1910, millions of dollars of silver was being shipped out of the region. La Rose Mines was one of the first mines in operation. It was named after Fred La Rose, a blacksmith from Hull, Québec, who had staked one of the area’s original claims. La Rose, however, sold his interests early to a group including the Timmins brothers, merchants from Mattawa, after whom the city of Timmins was later named.
The Museum Blog
Security is in the bank note
By: Graham Iddon
Security printing is a game of anticipating and responding to criminal threats. Counterfeiting is a game of anticipating and responding to bank note design. This cat and mouse relationship affects every aspect of a bank note.
Teaching art with currency
By: Adam Young
From design to final product, bank notes and coins can be used to explore and teach art, media and process.
New Acquisitions—2022 Edition
It’s a new year—the perfect time to look back at some notable artifacts the Museum added to the National Currency collection from 2022. Each object has a unique story to tell about Canada’s monetary and economic history.
Money: it’s a question of trust
By: Graham Iddon
The dollars and cents we use wouldn’t be worth anything to anybody if we didn’t have confidence in it. No matter if it’s gold or digits on a hard drive, public trust is the secret ingredient in a successful currency.
The day Winnipeg was invaded
By: David Bergeron
People on the street were randomly stopped and searched, and some were even arrested and imprisoned in an internment camp. Even German marks replaced Canadian currency in circulation—in the form of If Day propaganda notes.
Positive notes
By: Krista Broeckx
The imagery on the Bank of Canada’s 1935 note series depicts the country’s rich industrial history.
Army bills: Funding the War of 1812
In 1812, British North America had no banks and little currency. With the prospect of war drying up supplies of coins, the government of Lower Canada decided to issue legal tender notes called “army bills” to pay for troops and supplies.
Between tradition and technology
By: Graham Iddon
What was proposed was a complete about-face from the philosophy behind recent security printing. If photocopiers could easily deal with the colours and designs of the current series, then the next series should be bold and simple.
Teaching the green economy
By: Adam Young
From windmills and solar panels to electric cars, signs of the green economy are all around us. Check out our resources for how to teach about the green economy.