The Museum Blog

Explore stories from our collection and our economic heritage.

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August 21, 2025

Whatever happened to the penny? A history of our one-cent coin.

By: Graham Iddon


The idea of the penny as the basic denomination of an entire currency system has been with Canadians for as long as there has been a Canada. But the one-cent piece itself has been gone since 2012.
Content type(s): Blog posts Subject(s): History
August 5, 2025

Good as gold? A simple explanation of the gold standard

By: Graham Iddon


In an ideal gold standard monetary system, every piece of paper currency represents an amount of gold held by an authority. But in practice, the gold standard system’s rules were extremely and repeatedly bent in the face of economic realities.
May 22, 2025

Speculating on the piggy bank

By: Graham Iddon


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.
February 26, 2025

New acquisitions—2024 edition

By: David Bergeron, Krista Broeckx


Bank of Canada Museum’s acquisitions in 2024 highlight the relationships that shape the National Currency Collection.
Content type(s): Blog posts
February 11, 2025

Money’s metaphors

By: Phillipe Audet-Cayer, Graham Iddon, Patricia Marando


Buck, broke, greenback, loonie, toonie, dough, flush, gravy train, born with a silver spoon in your mouth… No matter how common the expression for money, many of us haven’t the faintest idea where these terms come from.
Content type(s): Blog posts
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