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- From johnmenc@optonline.net Wed Aug 04 10:35:37 2004
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From: johnmenc@optonline.net
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Subject: Canada's Oldest Coin
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A recent employee of my company who moved from Montreal alerted me
to this article. Sice we enjoy collecting colonial coins this topic
is unquestionably of interest due to the time period gap between #1
and #2. Read on ...
17th-century coin found in Newfoundland
Last Updated Tue, 03 Aug 2004 14:59:49 EDT
FERRYLAND, NFLD. - An archeologist in Newfoundland has unearthed
what's believed to be the oldest coin struck for use in what is now
Canada.
Aaron Miller was brushing away centuries-old dirt in the former
Colony of Avalon when he saw something shiny.
It turned out to be a small coin made of lead, which Miller's team
says probably dates back to the 1640s.
"It's a pretty big deal," he said. "We washed it off and right away
you could see the initials D.K. on it."
It's thought those initials belong to David Kirke, Newfoundland's
governor at the time, according to chief archeologist Jim Tuck.
Kirke ran a tavern and had a licence from the king to make his own
money.
"It was little bit like Canadian Tire money in some respects," said
Tuck.
"If you went to his tavern and bought a drink and gave him a penny,
and maybe the drink was only a half penny, you'd get back a D.K.
trade token, and maybe you could only redeem that at his tavern."
Settlements like the Avalon colony, established in 1621, mostly used
the barter system. At the time, currency was scarce and what there
was came from Europe.
According to the Bank of Canada Currency Museum, the next oldest
piece of currency struck in Canada for use in the country that has
been discovered dates back to the early 19th century.
Older coins have surfaced in Canada, but they were currency not made
here.
Written by CBC News Online staff
Direct Link:
http://sympatico.msn.cbc.ca/story/science/national/2004/08/03/oldcoin
040803.html
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