Canada needs foreign exchange in the worst way. In particular she desperately needs American dollars. Those American dollars go to buy planes and munitions of war from the United States. The more American dollars we can scrape together, the more planes, guns and things like that, we can buy. Now the readiest means of laying our hands on American cash, laid on the line, is through the tourist traffic.CBC national broadcast, June 17, 1940
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.
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.
We are very excited about this, our museum’s new digital dimension. As the doors close on 2 July for the next three years or so, we are endeavoring to keep them virtually open with a lively flow of reports and updates on the progress of our re-invention.