Volume 58 – #09

Read This Issue

Subscribe today to read this issue and more from Canadian Coin News.

Download or view a digital copy of this issue instantly for just 7 credits.

Volume 58#09

August 4 – August 17, 2020

Believed to be a deceptive contemporary counterfeit, some of which remain collectible today, an early Montréal Bank $20 note realized $1,000 as Lot 3415 of the February 2015 Canadian Legacy Sale II by Moore Numismatic Auctions and Canadian Coin & Currency.

Government shifts power from chartered banks

For their issuers, banknotes have always been a product of necessity. The card money used to pay soldiers in New France, the early notes issued by chartered banks to control the money supply, and even Canada’s modern notes – upgraded about every decade to combat counterfeiting – are examples of how banknotes serve society’s financial needs. But the right to issue these promissory pieces of paper (or polymer) also comes with broad economic powers, something the government noticed and successfully shifted in its direction beginning in the mid-1800s. While the card money issued in New France beginning in the 1680s “could be considered North America’s first experiment at a paper currency,” the first true Canadian banknotes didn’t begin circulating until the 1800s, according to third-party banknote grader Steven Bell. Continue reading →

Features
Exonumia earning hard-fought space in Canadian numismatics
Page 1
RCM unveils three sets, shipping still delayed
Page 1

Regulars
CCN Trends
Focus on Canadian large and small cents
Page 16
CCN Marketplace
Are you buying or selling?
Page 22
Show & Bourse
Check out the shows in your area
Page 25
Columns
Stanley Clute
Ancient Money
Carausius, Allectus offer range of coins for collectors
Page 8
John Regitko
Errors & Varieties
Scarce planchet errors caused by equipment, employee faili
Page 11

Tim Grawey
Colonial Tokens
Size, location of date distinguish 'Thistle' varieties
Page 12
Randy Heimpel
CoinNet
U.S. government website links to kid-friendly resources
Page 20

Buy This Issue

Purchasing this issue costs 7 credits. You can buy credits and use them to purchase past issues and reveal the trend prices of coins and notes.

You must be logged in to buy issues.

Login Sign Up

×
Past Issues
Keep up to date with the numismatic community

Sign up to receive our newsletter.

Canadian Coin News

Canada

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 $49.99/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.