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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 ...
The high prices that sable, black fox, and marten furs could generate in international markets spurred a "fur fever" in which many Russians moved to Siberia as independent trappers. From 1585 to 1680, tens of thousands of sable and other valuable pelts were obtained in Siberia each year.
Founder Arthur R. Harding began Hunter-Trader-Trapper magazine in 1900, primarily as a report on fur prices for trappers, traders, and exporters. As the only magazine to provide this information, it was an immediate success. In 1914, Harding sold the magazine due to poor health.
It persists today as commercial trapping and hunting of bobcats. Ethical hunters eat what they kill. Bobcat trappers and hunters discard the meat and sell pelts, mostly for export to China and Russia.
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]
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.
At the start of the 19th century, the North American fur trade was expanding toward present-day Montana from two directions. Representatives of British and Canadian fur trade companies, primarily the Hudson's Bay Company and the North West Company, pushed west and south from their stronghold on the Saskatchewan River, while American trappers and traders followed the trail of the Lewis and ...
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