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August 7, 2009, Newsletter Issue #181: New Canadian Coin
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Tip of the Week
For Canadian coin collectors, there is a new coin out. This new Canadian coin is the first square shaped piece, taking its cue from the fur trade tokens. The Hudson’s Bay Company, which controlled the fur trade for several centuries, started using square fur trade tokens in 1854. This sterling silver and copper $3 coin is plated with 24-karat gold. The profile of a beaver resides on the reverse side of the coin, gnawing away at a tree trunk. Cosme Saffioti, the engraver responsible for the beaver design, has placed his initials on the coin. The obverse side carries a portrait of Queen Elizabeth II by Susanna Blunt.
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