1365) "Hudson's Bay Company", Canada: 350th Anniversary of its establishment (1670-2020): Second Coin issued in the "Moments to Hold Coin Series": A 5 Dollars Silver Coin brought out by the Royal Canadian Mint (RCM): Date of Coin issue: 05/2020:
The Royal Canadian Mint (RCM) has brought out its second Silver Collector Coin which marks the 350th Anniversary of one of Canada's oldest and historic commercial operations the "Hudson's Bay Company", under its "Moments To Hold Coin Series". The third and fourth coins are scheduled to be issued in October 2020 and December 2020 respectively.
The four coins included in the Coin Series mark important subjects that are the fabric of Canada.
The first coin in this year long Coin Series celebrated "100 years of the Royal Canadian Mounted Police (RCMP)". A link to my post on the RCMP can be visited at the following link:
About the Hudson's Bay Company:
Incorporated in 1670, Hudson's Bay Company (HBC) is Canada's oldest company. Partnerships with First Nations, Inuit and Metis led to its success during the fur trade era.
As Canada began settling, HBC evolved along with it - its commercial pursuits were a crucial part of Canada's earlier industries and development, its trading posts became Canada's cities and towns and its fur trading empire evolved into the modern present day retail giant.
Signed by King Charles II on 02.05.1670, the Royal Charter which founded the Hudson's Bay Company has been preserved at HBC's corporate headquarters in Toronto.
The charter granted exclusive trading rights to the Governor and Company of Adventurers of England trading into Hudson Bay.
Prince Rupert of the Rhine (1619-1682), a nephew of King Charles II, was appointed the first Governor of the company by the King, who was his cousin.
Until 1970, the Royal Charter included a clause requiring HBC to pay the British Crown a periodic rent of "two Elks and two Black beavers". The Rent ceremony has only occurred four times since 1670 - in 1927, 1939, 1959 and 1970.
As the original entity has survived into a commercially successful endeavour, Hudson's Bay Company (HBC) is now Canada's oldest continuously trading company.
The Commemorative Silver Coin:
The Reverse of the 5 Dollars Silver Modified Specimen Coin was inspired by the Voyaguer dollar introduced in 1935 and designed by Emanuel Hahn.
The engraved image features six explorers paddling a canoe in rough waters after exchanging goods at Hudson's Bay Company trading post, which appears behind the pine trees in the distance.
The inscriptions are - "CANADA" (on the upper periphery) and "5 DOLLARS" "2020" on the lower periphery.
The Obverse of the 5 Dollars Silver Modified Specimen Coin shows an effigy of Queen Elizabeth II facing right.
The peripheral inscriptions are - "ELIZABETH II. DG REGINA" (meaning "Elizabeth II, By the Grace of God Queen").
The specifications of this coin are:
Denomination: 5 Dollars; Metal Composition: .9999 Fineness Silver (Ag); Weight: 7.96 grams; Diameter/Size: 27.0 mm; Coin Quality: Modified Specimen; Edge: Serrated: Mint: Royal Canadian Mint; Reverse Designer: Trevor Tennant; Mintage: 100,000 pieces; Year: 2020.
Each Coin is presented in a colourful blister-pak type folder which includes narrative information in English and French, as well as, images on the history of the Hudson's Bay Company.
For other interesting posts on the Coins and Banknotes of Canada, please visit the following links:
21) Northern Lights over Parliament Hill, Canada, revealed through Black Light Technology: A 20 Dollars Silver, Proof Coin with applied colour issued by the Royal Canadian Mint (RCM) on 06.08.2019
22) Centennial Flame Monument on Parliament Hill, Canada: A Double Crown Sized Silver 50 Dollars Coin issued by the Royal Canadian Mint: Coin issue date: 2019
23) "Canadian Horse", Canada: Royal Mint Canada issues a 20 Dollars Gold and Black Rhodium plated Silver Proof Coin: Year of issue marked as 2020:
24) Batman v. Superman: Dawn of Justice: A $20 (Twenty Canadian Dollars) Silver Coin issued by the Royal Canadian Mint: Coin issue date/year: 2016
25) Red Maple Coin, Canada: "Maple Leaf Annual Coin Series" from the Royal Canadian Mint (RAM): A $10 (10 Dollars) Silver coin issued in 2019
26) "Canadian Fun and festivities" Coin series, Canada: This 3 Dollars Silver Coin, minted by the Royal Canadian Mint, features bringing home a Christmas "Cut-your-own-Tree" from the Wild:
27) Royal Canadian Mounted Police (RCMP), Canada: Centenary Anniversary (1920-2020): Silver Piedfort Bullion 10 Dollar Coins commemorate the milestone
28) "Franklin's Lost Expedition", Canada: 175th Anniversary of the unsuccessful voyage for the discovery of the North-west passage in the Arctic resulting in the loss of both ships - HMS Erebus & HMS Franklin: Year of Coin issue: 2020
29) "Hudson's Bay Company", Canada: 350th Anniversary of its establishment (1670-2020): Second Coin issued in the "Moments to Hold Coin Series": A 5 Dollars Silver Coin brought out by the Royal Canadian Mint (RCM): Date of Coin issue: 05/2020
22) Centennial Flame Monument on Parliament Hill, Canada: A Double Crown Sized Silver 50 Dollars Coin issued by the Royal Canadian Mint: Coin issue date: 2019
23) "Canadian Horse", Canada: Royal Mint Canada issues a 20 Dollars Gold and Black Rhodium plated Silver Proof Coin: Year of issue marked as 2020:
24) Batman v. Superman: Dawn of Justice: A $20 (Twenty Canadian Dollars) Silver Coin issued by the Royal Canadian Mint: Coin issue date/year: 2016
25) Red Maple Coin, Canada: "Maple Leaf Annual Coin Series" from the Royal Canadian Mint (RAM): A $10 (10 Dollars) Silver coin issued in 2019
26) "Canadian Fun and festivities" Coin series, Canada: This 3 Dollars Silver Coin, minted by the Royal Canadian Mint, features bringing home a Christmas "Cut-your-own-Tree" from the Wild:
27) Royal Canadian Mounted Police (RCMP), Canada: Centenary Anniversary (1920-2020): Silver Piedfort Bullion 10 Dollar Coins commemorate the milestone
28) "Franklin's Lost Expedition", Canada: 175th Anniversary of the unsuccessful voyage for the discovery of the North-west passage in the Arctic resulting in the loss of both ships - HMS Erebus & HMS Franklin: Year of Coin issue: 2020
29) "Hudson's Bay Company", Canada: 350th Anniversary of its establishment (1670-2020): Second Coin issued in the "Moments to Hold Coin Series": A 5 Dollars Silver Coin brought out by the Royal Canadian Mint (RCM): Date of Coin issue: 05/2020
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