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July 4, 2022
Prince Edward Island, like the other pre-Confederation British North American colonies, often lacked the small change necessary for transacting business.
July 3, 2022
The first colony (province) to succeed adoption of decimal currency was Canada in 1857. In the following two years, 1, 5, 10 and 20 cents pieces were coined by the Royal Mint in London and were the first of official decimal coins struck for a part of what is now Canada. The early 5 cents Canadian coins were small and in silver.
June 29, 2022
In 2012, the Government announced it would phase out the penny from Canada's coinage system. The decision to phase out the penny was due to its excessive and rising cost of production relative to face value, the increased accumulation of pennies by Canadians in their households, environmental considerations, and the significant handling costs the penny imposes on retailers, financial institutions and the economy in general.
June 27, 2022
New Brunswick, which was originally part of Nova Scotia, was established as a separate colony in 1784. In 1843 the legislature decided to issue copper penny and halfpenny tokens. By 1853 additional currency was required and the New Brunswick government requested permission to issue a copper coinage of pennies and halfpennies under the provisions of the Currency Act of 1852.
June 27, 2022
The value of a Dominion of Canada banknote depends on several factors such as rarity, wear, mintage, supply and demand, etc. This section will help you to find the value of your Dominion of Canada banknotes.
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