Skip to content
  • FR
FR
  • About us
    Building, illuminated glass towers on either side of an old, square, stone building.

    About us

    We're here to help you understand what the Bank of Canada does and how it matters to you.

    About the Bank of Canada

    Find out what the Bank does, who runs the Bank and how it is separate from the political process.

    Connect with us

    We’d love to hear from you! Contact us by email, phone or mail—or join us on social media.

  • Visit

    Visit

    • Plan your visit
    • Group visits
    • Accessibility and special needs
    • Code of conduct
    • Health and safety

    Sensory Sundays

    We’re turning down the lights and the volume for our sensory-sensitive visitors—explore the Museum using more than eyes and ears.

    Connect with us

    We’d love to hear from you! Contact us by email, phone or mail—or join us on social media.

  • Explore

    Exhibitions

    • Permanent exhibition
    • Special exhibitions
    • Travelling exhibitions
    • Past exhibitions

    Blog

    Collection

    • About the Collection
    • Collection Services
    • Canadian Bank Notes Series
    • Search the Collection

    Speculating on the piggy bank

    Ever since the first currencies allowed us to store value, we’ve needed a special place to store those shekels, drachmae and pennies. And the piggy bank—whether in pig form or not—has nearly always been there.

  • Learn

    Learn

    • Activities and games
    • Education blog
    • External resources
    • Lesson plans
    • School programs
    • Video discussion guides
    • Upcoming webinars

    Entrepreneurship: Kids edition

    Learn from the experiences of successful young entrepreneurs, then create your own business model and pitch your business.

    You are the economy

    A set of six lessons to explore economics with your students.

  • Home
  • The Museum Blog

The Yap Stone Returns

By: Graham Iddon


June 16, 2017
Share this page on Facebook
Share this page on Facebook
Share this page on X
Share this page on X
Share this page on LinkedIn
Share this page on LinkedIn
Share this page on Google Classroom Created with Sketch.
Share this page on Google Classroom
Share this page by email
Share this page by email

A clear sign of our reopening

Until 2013, a large stone ring stood amongst the tropical foliage in the Garden Court of the Bank of Canada’s head office. It wasn’t a sculpture—it was a Yap stone, giant stone money from the island of Yap in the Federated States of Micronesia. Our Yap stone has been with the Bank for 38 years, longer than all but a handful of employees—12 at last count. I had been at the Currency Museum for barely three months myself before a flatbed truck, a huge crane and a dozen men in helmets and safety vests took the Yap stone away. For us, its removal from the Garden Court dramatically marked the Currency Museum’s closing. The big stone’s return now performs the opposite role for the new Bank of Canada Museum—heralding its opening.

For nearly 40 years, our Yap stone stood in the Garden Court of the Bank’s Ottawa head office complex.

The stone is poised above the truck that would take it to Gatineau for its four-year sleep.

For those of you unfamiliar with our Yap stone, or for that matter, any Yap stone, below is the artifact’s exhibition label as it appears in the Museum.

This impressive stone disc is actually money from the Pacific island of Yap. “Rai,” as these stones are called, range from a few centimetres high to four metres high. This is the largest-known rai outside of Yap. It likely stood upright in the ground outside its first owner’s house. When traded, a rai did not move—it simply changed ownership. Rai were quarried on the island of Palau and taken to Yap on rafts, crossing 500 kilometres of open water. The difficulties of this journey contributed to the rai’s value. Although rai are still occasionally used for culturally significant exchanges, the official currency of Yap is now the US dollar—a somewhat more portable currency.

The Museum’s Yap stone is one of the few rai that actually did move (several times, as it happens) and on 3 June 2017, made what we hope will be its last journey for a very long time. It came home to the Bank.

In the last week of May, two of the great curtain windows were removed from the side of the Museum entrance pyramid to allow the Yap stone to be lowered onto its place: a small pedestal just below street level beside the stairs leading down to the Museum. When I arrived early on the Saturday morning of installation, the window frames had been removed but there was no sign of the stone. I quickly discovered that what was adequate clothing for a morning bicycle ride was inadequate for standing around waiting for a truck to arrive. Your stalwart correspondent then resorted to hopping around to maintain circulation until a big, red flatbed truck rumbled up to the curb. Occupying one half of the trailer was a tall, wooden crate: the guest of honour. On the other half was a curious machine: a cross between a crane and a forklift. It looked entirely inadequate for the task at hand, but proved itself admirably when it swung into action an hour later. First, though, the flatbed trailer did this amazingly graceful transformation. The bed split in half and the end section slid forward and tilted back while the wheels were pulled towards the truck. It wasn’t as if it turned into a giant robot on rollerblades, but the effect was pretty cool, nonetheless. After the crane rolled onto the sidewalk and the trailer returned to its regular shape, three or four burly men began pulling the crate and its supporting frame apart. And there it was, our Yap stone.

We couldn’t imagine how this funny contraption was going to do the job, but it turned out to be just the right machine.

truck trailer tilting

A number of us observed the flatbed trailer do this trick and I, for one, had to stop myself from applauding.

This was the first time our “rai” had seen daylight in four years. It remained wrapped up until the windows were replaced.

Although the big stone’s final placement was a subject of much debate, the entrance pyramid was always designed with the installation of the Yap stone in mind. Because of an awkwardly placed lamp post, however, the process of placing the stone had to be done in two stages. The crane couldn’t operate directly in front of the stone’s pedestal, so the stone had to be inserted through one frame of the window and temporarily placed on the top stair landing. Then the crane turned itself around and hooked up to the stone through the neighbouring window frame to allow the big disc to be swung into place without hitting any support columns.

Follow me carefully, here:

The crane gently lifted the stone from the truck and backed it carefully up Wellington Street.

crane and stone

Having backed up Wellington Street, the crane did a slow u-turn and then backed down Wellington, returning to the windows.

Because the lamppost is directly in line with the pedestal, the stone had to be inserted through the windows from the opposite angle.

With only a little wiggle room, the stone was inserted ever so gently through the window.

stone sitting on floor

The stone was temporarily placed on the first landing of the Museum’s stair case and the crane unhooked.

The stone was re-hooked to the crane and lifted for its final manoeuvre onto its pedestal. Note the crane has been moved to the far side of the window frame.

As the Yap stone is lifted over the stair railing to its pedestal, the top of the crane was roughly 15 centimetres from the ceiling.

hands inserting bolts through a metal plate

Almost there! The stone was suspended millimetres from its pedestal as the securing bolts were inserted.

The stone will be strapped in place until the window frames and a proper supporting arm are installed. It will remain wrapped until this time.

So smooth and quick was the whole installation process, that a lot of planning had clearly gone into it. It appeared as if it had been rehearsed, in fact. As a spectator sport, it was worth getting up at 7:00 on a Saturday morning to watch.

The Yap stone fixed in place, wrappers removed and ready to welcome visitors.

Like the robins of spring, the return of the Yap stone to the Bank heralds a new beginning: the opening of the new Bank of Canada Museum. The big stone disc has been placed at the top of the stairs as a sort of welcoming gate keeper that will again become as familiar as any Ottawa landmark. For us it is like the return of a long-lost friend.

Welcome home.

We want to hear from you! Do you have an idea for a blog post you’d like to see?
Content type(s): Blog posts

Subscribe to The Museum Blog
The Museum Blog

October 7, 2013

The Cases are Almost Empty

By: Graham Iddon


For the first time since they went into their cases in 1980, over 2000 coins, notes, beads and shells are coming back out. The Museum’s curatorial staff are busily pulling panels from cases, placing coins into specially prepared drawers and sliding notes into acid-free Mylar envelopes.
Content type(s): Blog posts
September 24, 2013

Curators Begin Removal of Artifacts

By: Graham Iddon


The doors were barely closed following Big Top Farewell event before Chief Curator Paul Berry and his team began emptying display cases that had been sealed shut since 1980. The biggest task involved removing more than 2500 bank notes from the room we knew as Gallery 8.
Content type(s): Blog posts
September 16, 2013

Notes from the Collection : 2013 RCNA Convention Winnipeg

By: David Bergeron


Another convention of the Royal Canadian Numismatic Association (RCNA) wrapped up in July. This year the convention was held in Winnipeg, Manitoba. It was the first time in over thirty years that the RCNA Convention made a stop there.
Content type(s): Blog posts
September 6, 2013

First Artifacts to Leave the Museum: And they were big

By: Graham Iddon


Before the museum closed for renovations on 2 July, technicians began to remove the heavier artifacts in late May. First to go was the strong box. Built of ¼” thick welded steel plates, this trunk was used by the Bank of Upper Canada in Toronto between 1821 and 1866.
Content type(s): Blog posts
August 30, 2013

Director’s chair : “I don’t know why you say goodbye, I say hello.”

By: Ken Ross


Most of us know the first part of Alexander Graham Bell’s take on opportunity: “When one door closes, another one opens…” What we often don’t recall is the second half of that quote, where he says: “…but we so often look so long and regretfully upon the closed door, that we do not see the ones which open for us.”
Content type(s): Blog posts
July 30, 2013

Remembering Alex Colville (1920-2013)

By: Raewyn Passmore


The Staff of the Currency Museum was saddened to learn of the passing of artist Alex Colville who died on 16 July at his home in Wolfville, Nova Scotia. He was 92. One of Canada’s most celebrated painters, Colville is not as well-known as a sculptor but if you look carefully through your pocket change you might just find an example of his work.
Content type(s): Blog posts
June 21, 2013

Farewell to the Currency Museum c.1980

By: Graham Iddon


The roots of the Currency Museum go back to 1959 when the then Governor of the Bank of Canada, James Coyne, proposed the idea of establishing a currency collection that would reflect the colourful monetary history of Canada. By the time the go-ahead was given in 1963 by Coyne’s successor, Louis Rasminsky, the collection’s mandate had been expanded to include world monetary history, banking and production artifacts and a numismatic library.
Content type(s): Blog posts
  • « Previous
  • 1
  • 10
  • 11
  • 12
Go To Page

30 Bank Street
Ottawa, ON
K1A 0G9, CANADA
613‑782‑8914

  • Things to do

  • Plan your visit
  • Find educational resources
  • Search the Collection
  • Connect with us
  • Things to see

  • Canadian bank notes
  • Exhibitions
  • Blog
  • Videos
  • Things to know

  • Accessibility and special needs
  • Careers
  • Code of conduct
  • Health and safety
  • Privacy
  • Social media
●●
Bank of Canada Museum

Visit the Bank of Canada web site ›

We use cookies to help us keep improving this website.

Accept and continue