Gifts of Diamonds

Product Overview

This $3 coin is gold-plated sterling silver and features a square shape. It was inspired by the trade tokens that came into use during the fur trade, the adventurous industry that drove much of Canada's development during the 17th and 18th centuries. The reverse image on this coin depicts an industrious beaver with its head raised, alert and ready for all challenges. The obverse features an effigy of Her Majesty Queen Elizabeth II.

When trappers brought their furs to the trading posts, something was needed to represent the value of the pelts. At first, everything from porcupine quills, ivory discs and bits of wood or bone were used; anything that the trapper and merchant agreed upon. As the industry became more sophisticated, trade tokens began to appear. As the two parties went through the furs, tokens would be placed on the counter. Once done, the trapper would use them to purchase goods from the store. Some trade tokens were square, like this coin. Others featured the prize of the fur trade that also reigns as one of Canada's earliest forms of currency—the beaver.

• Mintage: 20,000

Includes:
• $3 Sterling Silver Beaver Square Coin

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