1995 Canadian 1 Dollar Silver Proof - KM# 259  Hudson Bay Company

Description

1975 1-Dollar Canadian Specimen
1995
Canadian
One Dollar
Silver Proof
The Hudson's Bay Company (HBC), chartered 2 May 1670, is the oldest incorporated joint-stock merchandising company in the English-speaking world. Originally headquartered in London, England, its head offices are located in Toronto. The group currently operates the following retailers: Hudson’s Bay, Home Outfitters, Lord & Taylor, Saks Fifth Avenue and Off 5th, Saks’ discount chain.
In the 17th century, the fur trade emerged as a major commercial enterprise in North America due to European demand for felt hats made from beaver fur. French traders Médard Chouart des Groseilliers and Pierre-Esprit Radisson were the first to propose a trading company to reach the interior of the continent via Hudson Bay and gain easier access to the fur resources of the interior. After failing to obtain French support on their terms, they went to England in 1665 and interested Prince Rupert, cousin of Charles II. Rupert persuaded the king, several merchants and noblemen to back the venture. The first ships, the
Eaglet
and the
Nonsuch
, were dispatched on 3 June 1668 and the royal charter was proclaimed on 2 May 1670. The "Governor and Company of Adventurers" were granted wide powers, including exclusive trading rights in the territory traversed by rivers flowing into Hudson Bay. This vast region was named Rupert's Land.
This coin celebrates the 325th Anniversary - Hudson Bay Company
Canada Dollar KM# 259
Hudson Bay Company
Specifications
Composition: Silver
Comp:
0.9250
Weight:
25.1750 g.
ASW:
0.7487oz
Diameter:
36mm
Mintage:
166,259
Design
Obverse:
Crowned head right
Reverse:
Explorers and ship, date and denomination below
Reverse Designer:
Vincent McIndoe
Notes
Subject:
Last RCMP sled-dog patrol
Ruler:
Elizabeth II
DATE
ITEM ID#
CONDITION-DESCRIPTION
PERSONAL
GRADE
EVALUATION
CATALOG
VALUE
1995
CPC28
1 Dollar - Silver Proof
BU++++++++
Near Perfect or Better
1006.00
in 2009
KM# 259 DOLLAR Weight: 25.1750 g. Comp.: 0.9250 Silver 0.7487 oz. ASW Ruler:
Elizabeth II Subject: Hudson Bay Co. Obv.: Crowned head right Rev.: Explorers and ship, date
and denomination below Rev. Des.: Vincent McIndoe Size: 36 mm.
TAKEN FROM THE - 2009 Standard Catalog of World Coins
Date                 Mintage      MS-          P/L      Proof-
1995                 61,819       16.50        —         —
1995 Proof      166,259         —           —       30.00
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