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Quarter (Canadian Coin)
The quarter, short for quarter dollar, is a Canadian coins, Canadian coin worth 25 Penny (Canadian coin), cents or one-fourth of a Canadian dollar. It is a small, circular coin of silver colour. According to the Royal Canadian Mint, the official name for the coin is the 25-cent piece, but in practice, it is usually called a "quarter", much like Quarter (United States coin), its American counterpart. In Canadian French, it is called a ''caribou''. The coin is produced at the mint's facility in Winnipeg, Manitoba. History Early coinage (1870–1910) The first coinage minted for what would later become the Canadian Confederation originated in legislation enacted in 1853. Per the Act 16 Vict. c. 158, the Province of Canada was to issue "dollars, cents, and mills" that would co-circulate with English shillings and pence. While bronze and silver coins were initially struck at the Royal Mint in 1858, these only included currency up to Canadian twenty-cent coin, twenty-cents. When the ...
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Canadian Dollar
The Canadian dollar (currency symbol, symbol: $; ISO 4217, code: CAD; ) is the currency of Canada. It is abbreviated with the dollar sign $. There is no standard disambiguating form, but the abbreviations Can$, CA$ and C$ are frequently used for distinction from other dollar-denominated currencies (though C$ remains ambiguous with the Nicaraguan córdoba). It is divided into 100 cent (currency), cents (¢). Owing to the image of a common loon on its reverse, the dollar coin, and sometimes the unit of currency itself, may be metonymy, referred to as the ''loonie'' by English-speaking Canadians and foreign exchange traders and analysts. Accounting for approximately two per cent of all global reserves, the Canadian dollar is the fifth-most held reserve currency in the world, behind the United States dollar, US dollar, euro, Japanese yen, yen, and pound sterling, sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the ...
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Canadian Confederation
Canadian Confederation () was the process by which three British North American provinces—the Province of Canada, Nova Scotia, and New Brunswick—were united into one federation, called the Name of Canada#Adoption of Dominion, Dominion of Canada, on July 1, 1867. This process occurred in accordance with the rising tide of Canadian nationalism that was then beginning to swell within these provinces and others. Upon Confederation, Canada consisted of four provinces: Ontario and Quebec, which had been split out from the Province of Canada, and the provinces of Nova Scotia and New Brunswick. The province of Prince Edward Island, which had hosted the first meeting to consider Confederation, the Charlottetown Conference, did not join Confederation until 1873. Over the years since Confederation, Canada has seen numerous territorial changes and expansions, resulting in the current number of Provinces and territories of Canada, ten provinces and three territories. Terminology Confede ...
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Edward VII
Edward VII (Albert Edward; 9 November 1841 – 6 May 1910) was King of the United Kingdom and the British Dominions, and Emperor of India, from 22 January 1901 until Death and state funeral of Edward VII, his death in 1910. The second child and eldest son of Queen Victoria and Prince Albert of Saxe-Coburg and Gotha, Edward, nicknamed "Bertie", was related to royalty throughout Europe. He was Prince of Wales and heir apparent to the British throne for almost 60 years. During his mother's reign, he was largely excluded from political influence and came to personify the fashionable, leisured elite. He Wedding of Prince Albert Edward and Princess Alexandra, married Princess Alexandra of Denmark in 1863, and the couple had six children. As Prince of Wales, Edward travelled throughout Britain performing ceremonial public duties and represented Britain on visits abroad. His tours of North America in 1860 and of the Indian subcontinent in 1875 proved popular successes. Despite the ap ...
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Reeding
Reeding or milling is a technique wherein a number of narrow ridges called "reeds" are carved or milled into a surface with a Castaing machine. Numismatics In numismatics, reeded edges are often referred to as "ridged" or "grooved" (American usage), or "milled" (British usage). Some coins, such as United States quarters and dimes, 1 euro, Australian 5, 10, 20 cents, 1 and 2 dollars, as well many other current coins, have reeded edges. One reason for having reeded edges was to prevent counterfeiting. Some gold and silver coins were reeded to discourage clipping, i.e. scraping off the precious metals from the edge of the coin, to maintain its stated value in precious metal. This practice was made more difficult through the implementation of reeding by Isaac Newton in 1698, during his time as warden of the Royal Mint. Another benefit of certain coins having reeded edges is that it helps the visually impaired identify different coin denominations by sense of touch alone. ...
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ...
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Canadian Bankers Association
The Canadian Bankers Association (CBA; ) is a trade association and lobby group representing Canadian banks. Its over 60 members include Canada's Big Five banks, smaller domestic banks, and Canadian subsidiaries of foreign banks. Founded in Montreal in 1891, the CBA is one of Canada's oldest interest groups. The CBA is headquartered at Commerce Court West in Toronto's Financial District and maintains additional offices in Ottawa and Montreal. Lobbying activities with the federal government (2012) According to the Federal lobbyist registry, from January to September 2012, the Canadian Bankers Association had 131 contacts with federal officials to discuss issues such as mortgage insurance, identity theft laws, do-not-call list, corporate income tax, and accounting rules, making it the lobby group with the second most contacts that year. See also * Banking in Canada Banking in Canada is one of Canada's most important industries with several banks being among its largest and ...
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Ralph Heaton & Sons
The Birmingham Mint was a coining mint and metal-working company based in Birmingham, England. Formerly the world's largest privately owned mint, the company produced coins for many foreign nations including France, Italy, China, and much of the British Empire during the 19th century. Beginning life in 1817 as a family-run brass fittings maker, the company later purchased equipment from the defunct Soho Mint to begin its own coin production. Over the subsequent decades the mint won contracts to mint national currencies, and built minting facilities worldwide so that at its height the Birmingham Mint's capacity surpassed that of even the Royal Mint. By the early 2000s disagreement with the Royal Mint over foreign contracts led to a slump in sales, cumulating in the mint's eventual closure in 2003 ending its almost 200-year history. According to Companies House, however, as of 2021 a revived mint continues to operate, albeit with little business activity. History 18th-19th c ...
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Birmingham
Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands, within the wider West Midlands (region), West Midlands region, in England. It is the List of English districts by population, largest local authority district in England by population and the second-largest city in Britain – commonly referred to as the second city of the United Kingdom – with a population of million people in the city proper in . Birmingham borders the Black Country to its west and, together with the city of Wolverhampton and towns including Dudley and Solihull, forms the West Midlands conurbation. The royal town of Sutton Coldfield is incorporated within the city limits to the northeast. The urban area has a population of 2.65million. Located in the West Midlands (region), West Midlands region of England, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midland ...
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American Numismatic Society
The American Numismatic Society (ANS) is a New York City-based organization dedicated to the study of coins, money, medals, tokens, and related objects. Founded in 1858, it is the only American museum devoted exclusively to their preservation and study. Its collection encompasses nearly one million items, including medals and paper money, as well as the world's most comprehensive library of numismatic literature. The current president of the society, Dr. Ute Wartenberg, served as the executive director for two decades and was succeeded in this role by Dr. Gilles Bransbourg. Introduction The American Numismatic Society is an organization dedicated to the study of coins, currency, medals, tokens, and related objects from all cultures, past and present. The society's headquarters in New York City houses the foremost research collection and library specialized in numismatics in the United States. These resources are used to support research and education in numismatics for the be ...
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Leonard Charles Wyon
Leonard Charles Wyon (23 November 1826 – 20 August 1891) was a British engraver of the Victorian era most notable for his work on the gold and silver coinage struck for the Golden Jubilee of Queen Victoria in 1887 and the bronze coinage of 1860 with the second ("bun") head portrait, in use from 1860 to 1895. Career The eldest son of chief engraver William Wyon and his wife, Catherine Sophia, née Keele (died 1851), Leonard Charles Wyon was born in one of the houses in the Royal Mint in 1826, and was educated at Merchant Taylors' School. L. C. Wyon's father taught him art and also from his father he inherited great skill in die engraving. By the age of 16 he had already made several medals and some of his early work is displayed in the British Museum's Numismatic collection. He first exhibited at the Royal Academy in 1843. From 1844 he studied at the Royal Academy Schools and in the same year, at the age of just 18, he became Second Engraver under his father at the Royal ...
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Queen Victoria
Victoria (Alexandrina Victoria; 24 May 1819 – 22 January 1901) was Queen of the United Kingdom of Great Britain and Ireland from 20 June 1837 until Death and state funeral of Queen Victoria, her death in January 1901. Her reign of 63 years and 216 days, which was List of monarchs in Britain by length of reign, longer than those of any of her predecessors, constituted the Victorian era. It was a period of industrial, political, scientific, and military change within the United Kingdom of Great Britain and Ireland, United Kingdom, and was marked by a great expansion of the British Empire. In 1876, the British parliament voted to grant her the additional title of Empress of India. Victoria was the daughter of Prince Edward, Duke of Kent and Strathearn (the fourth son of King George III), and Princess Victoria of Saxe-Coburg-Saalfeld. After the deaths of her father and grandfather in 1820, she was Kensington System, raised under close supervision by her mother and her Comptrol ...
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Canadian Twenty-cent Coin
The twenty-cent piece was a Canadian coin struck by the Royal Mint of the United Kingdom for the Province of Canada in 1858. It consisted of 92.5% silver, and 7.5% copper. A total of 730,392 were struck. History With the passing of the Currency Act on 1 August 1854, the Province of Canada introduced a decimal currency. Coins were struck in 1-, 5-, 10- and 20-cent denominations. The new Canadian dollar was equal in value to the New Brunswick dollar The dollar was the currency of New Brunswick between 1860 and 1867. It replaced the New Brunswick pound, pound at a rate of 4 dollars = 1 pound (5 shillings = 1 dollar) and was equal to the Canadian dollar. The New Brunswick dollar was replaced by ..., which was introduced in 1852. In order to accommodate transactions involving the Nova Scotian pound, the Province of Canada chose to issue a twenty-cent coin, which was the equivalent to a shilling in Nova Scotian currency. However, no shilling coin was issued by Nova Scotia, and the ...
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