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Its services are used by both large fur farms and small-time trappers. Its auctions are held three to four times a year in Toronto. It is the largest fur auction house in North America, and the second largest in the world. [1] In its May 2008 auction, NAFA handled nearly 3.5 million pelts.
This is a list of Hudson's Bay Company trading posts. [1]For the fur trade in general see North American fur trade and Canadian canoe routes (early).For some groups of related posts see Fort-Rupert for James Bay.
Modern fur trapping and trading in North America is part of a wider $15 billion global fur industry where wild animal pelts make up only 15 percent of total fur output. In 2008, the global recession hit the fur industry and trappers especially hard with greatly depressed fur prices thanks to a drop in the sale of expensive fur coats and hats ...
Eventually, traders began using various foreign coins as stores of value. In order to trade with Indigenous peoples, the HBC standardized the unit of account as the made beaver, or one high quality beaver skin. In 1795, a made beaver could buy eight knives, one kettle, or a gun could be purchased with 10 made beaver pelts. [2]
By the early 19th century, several companies established strings of fur trading posts and forts across North America. As well, the North-West Mounted Police established local headquarters at various points such as Calgary where the HBC soon set up a store.
Here's the latest forecast as of Friday: Friday: Mostly cloudy, with a high near 56. Northwest wind around 7 mph. Friday night: Mostly cloudy, with a low around 44. North wind around 5 mph ...
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The sable coat, in particular, is a symbol of status and is one of the most coveted types of fur coats. There are American and Canadian versions of the sable coat, but the Russian version is the most valuable. Prices for the full-length Siberian sable fur coat today can cost around $100,000 or 3,185,850 rubles. [15]