Canada’s ‘oldest dealer’ marks 93 years

Dating back to 1928, the Montréal-based Carsley Whetstone firm is believed to be the country’s longest-running coin-dealing company.

Launched towards the tail end of the “Roaring Twenties,”  Carsley merged with another Montréal company, Thompson & Whetstone, in 1999 to create Carsley Whetstone. While the company has long specialized in rare coins and paper money, it also deals in gold jewellery, medals (including militaria) plus comic books and trading cards.

Previously an investment advisor with Merrill Lynch and National Bank of Canada, current owner and president Michael Joffre dove into his numismatic career in the late 1990s as the two companies merged.

Then known as Carsley’s, the Montréal-based firm issued a 50th anniversary medal in 1978.

“I had always been a very serious coin collector and would spend a lot of my disposable income on coins, so I bought part of the company, and in 2005, I bought out everyone else,” Joffre told the Suburban, Québec’s largest English-language newspaper, in October. “I gave up my career to do what I love.”

A life member of the Royal Canadian Numismatic Association and American Numismatic Association, Joffre also sits as the current president of both the Lakeshore Coin Club and the Montréal Numismatic Society.

This year, Carsley Whetstone celebrates its 93rd consecutive year in business as what the Suburban called “Canada’s oldest coin dealer.”

Leave a Reply

Canadian Coin News


Canadian Coin News is Canada's premier source of information about coins, notes and medals.

Although we cover the entire world of numismatics, the majority of our readers are Canadian, and we concentrate on the unique circumstances surrounding collecting in our native land.

Send Us Your Event

Running an event? Send it to us and we will display it on Canadian Coin News!

Submit Event →

Subscribe To 26 Issues For Just $59.99/year

Subscribe today to receive Canada's premier coin publication. Canadian Coin News is available in both paper and digital forms.

Subscribe Now

We acknowledge the financial support of the Government of Canada through the Canada Periodical Fund of the Department of Canadian Heritage.