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These are community currencies (also known as "local currencies") in Canada. Billet Local d'Échange (BLÉ; 2018–present; Québec City) Bow Chinook Hour (1996–2002; replaced by CalgaryDollars.ca – present) Brampton dollars (1973) Calgary Dollars (1996, 2002–present) [1] Chemainus Dollars (2010–2021) Chouenne (2021–present ...
In 1970, Master of the Mint Gordon Ward Hunter relaunched the Foreign Circulation division. In January 1970, the RCM won a contract from Singapore to produce six million rimmed blanks in a cupronickel alloy. [3]: 148 This was the Mint's first export contract since a contract for the Dominican Republic 32 years earlier. The second contract came ...
The alternative to a commodity money system is fiat money which is defined by a central bank and government law as legal tender even if it has no intrinsic value. Originally fiat money was paper currency or base metal coinage, but in modern economies it mainly exists as data such as bank balances and records of credit or debit card purchases, [3] and the fraction that exists as notes and coins ...
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Today the United States Mint is largest mint manufacturer in the world, operating across six sites and producing as many as 28 billion coins in a single year. [2] Its largest site is the Philadelphia Mint which covers 650,000 square feet [ 3 ] (6 hectares) and can produce 32 million coins per day.
In 2007, the mint also released a $75 coloured gold coin featuring RCMP officers astride their horses, as part of an extensive program of collector coins celebrating the Vancouver 2010 Winter Games. This coin, designed by Cecily Mok, is composed of 58.33% gold and 41.67% silver. The mint also issued two bullion coins in celebration of the RCMP.
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For the 2017 Canada 150 series, the Royal Canadian Mint held a contest titled My Canada, My Inspiration [12] to determine the reverse designs of the five circulating coins. The 50-cent coin would contain the Canadian Coat of Arms on the reverse, with the Canada 150 logo, designed by Ariana Cuvin, on the obverse, replacing Queen Elizabeth II. [13]
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