jan 1, 1860 - HBC tokens were created.

Description:

Hudson’s Bay Company posts servicing the fur trade developed a completely separate currency for trade — fur trade tokens. Trappers could bring in all their pelts for exchange at a single time and receive any “change” in trade tokens applicable to subsequent purchases. Early examples were made of wood, ivory, or shell. Tokens were issued by different districts in various denominations. Aluminum tokens were used in the north for arctic fox that were valued on cents (5, 10, 25, 50, 100), and then one large square token that represented one fox pelt. These two examples are just a sample of the many different tokens created by HBC both for the fur trade and for retail.

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