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New France Livre
The was the currency of New France, the French colony in modern-day Canada. It was subdivided into 20 , each of 12 . The New France was a French colonial currency, distinguished by the use of paper money. History After an initial period during which barter prevailed, the French began to circulate. In order to encourage coins into the colony, those circulating in New France were valued at a premium, creating a (French in Modern French) worth less than the French currency (, in Modern French). The premium was set at one-eighth in 1664, raised to one-third in 1680.A History of the Canadian Dollar
The New France currency was distinguished by the extensive use of . However, early issues did ...
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New France
New France (french: Nouvelle-France) was the area colonized by France in North America, beginning with the exploration of the Gulf of Saint Lawrence by Jacques Cartier in 1534 and ending with the cession of New France to Great Britain and Spain in 1763 under the Treaty of Paris. The vast territory of ''New France'' consisted of five colonies at its peak in 1712, each with its own administration: Canada, the most developed colony, was divided into the districts of Québec, Trois-Rivières, and Montréal; Hudson Bay; Acadie in the northeast; Plaisance on the island of Newfoundland; and Louisiane. It extended from Newfoundland to the Canadian Prairies and from Hudson Bay to the Gulf of Mexico, including all the Great Lakes of North America. In the 16th century, the lands were used primarily to draw from the wealth of natural resources such as furs through trade with the various indigenous peoples. In the seventeenth century, successful settlements began in Acadia and in Quebe ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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French Sol
The sol, later called a sou, is the name of a number of different coins, for accounting or payment, dating from Antiquity to today. The name is derived from the solidus. Its longevity of use anchored it in many expressions of the French language. Roman antiquity The ''solidus'' is a coin made of 4.5 g of gold, created by emperor Constantine to replace the ''aureus''. Early Middle Ages Doing honour to its name, the new currency earns the reputation of unalterability, crossing almost unchanged the decline and fall of the Western Roman Empire, and the great invasions and the creation of Germanic kingdoms throughout Europe. Not only was it issued in the Byzantine Empire until the 11th century under the name of ''nomisma'', but the ''solidus'' was imitated by the barbarian kings, particularly the Merovingians, albeit most often in the form of a "third of a sou" (''tremissis''). Facing a shortage of gold, a new "stabilization" (as devaluations are often called) was introduced ...
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French Denier
The denier ( la, denarius; . d.) or penny was a medieval coin which takes its name from the Frankish coin first issued in the late seventh century; in English it is sometimes referred to as a silver penny. Its appearance represents the end of gold coinage, which, at the start of Frankish rule, had either been Roman (Byzantine) or "pseudo-imperial" (minted by the Franks in imitation of Byzantine coinage). Silver would be the basis for Frankish coinage from then on. The ''denier'' was minted in France and parts of the Italian peninsula for the whole of the Middle Ages, in states such as the patriarchate of Aquileia, the Kingdom of Sicily, the Republic of Genoa, the Republic of Siena, and the crusader state Kingdom of Jerusalem, among others. History Coin Around AD 755, amid the Carolingian Reforms, Pepin the Short introduced a new currency system which was eventually adjusted so that 12 pence ( la, denarii; french: deniers) equaled one '' shilling'' ('; ' or ') and 20 ...
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French Livre
The livre (abbreviation: £ or ₶., French for (pound)) was the currency of Kingdom of France and its predecessor state of West Francia from 781 to 1794. Several different livres existed, some concurrently. The livre was the name of coins and of units of account. History Origin and etymology The livre was established by Charlemagne as a unit of account equal to one pound of silver. It was subdivided into 20 ''sous'' (also ''sols''), each of 12 '' deniers''. The word ''livre'' came from the Latin word ''libra'', a Roman unit of weight and still the name of a pound in modern French, and the denier comes from the Roman denarius. This system and the denier itself served as the model for many of Europe's currencies, including the British pound, Italian lira, Spanish dinero and the Portuguese dinheiro. This first livre is known as the . Only deniers were initially minted, but debasement led to larger denominations being issued. Different mints in different regions used diff ...
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Modern French
French ( or ) is a Romance language of the Indo-European family. It descended from the Vulgar Latin of the Roman Empire, as did all Romance languages. French evolved from Gallo-Romance, the Latin spoken in Gaul, and more specifically in Northern Gaul. Its closest relatives are the other langues d'oïl—languages historically spoken in northern France and in southern Belgium, which French (Francien) largely supplanted. French was also influenced by native Celtic languages of Northern Roman Gaul like Gallia Belgica and by the ( Germanic) Frankish language of the post-Roman Frankish invaders. Today, owing to France's past overseas expansion, there are numerous French-based creole languages, most notably Haitian Creole. A French-speaking person or nation may be referred to as Francophone in both English and French. French is an official language in 29 countries across multiple continents, most of which are members of the ''Organisation internationale de la Francophonie'' (OI ...
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Paper Money
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is ...
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Canadian Pound
The pound (symbol £) was the currency of the Canadas until 1858. It was subdivided into 20 ''shillings'' (s), each of 12 ''pence'' (d). In Lower Canada, the '' sou'' was used, worth penny. Although the £sd accounting system had its origins in sterling, the Canadian pound was never at par with sterling's pound. History In North America, the scarcity of British coins led to the widespread use of Spanish dollars. These Spanish dollars were accommodated into a £sd account system, by setting a valuation for these coins in terms of a pound unit. At one stage, two such units were in widespread use in the British North American colonies. The Halifax rating dominated, and it set the Spanish dollar equal to 5/–. As this was 6d more than its value in silver, the Halifax pound was consequently lower in value than the sterling pound. The York rating of one Spanish dollar being to eight shillings was officially used in Upper Canada until it was outlawed in 1796, but continued to be ...
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Spanish Dollars
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Chinese yuan, were initially based on the Spanish dollar and other 8-real coin ...
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Spanish Real
The ''real'' (English: /ɹeɪˈɑl/ Spanish: /reˈal/) (meaning: "royal", plural: ''reales'') was a unit of currency in Spain for several centuries after the mid-14th century. It underwent several changes in value relative to other units throughout its lifetime until it was replaced by the '' peseta'' in 1868. The most common denomination for the currency was the silver eight-''real'' Spanish dollar (''Real de a 8'') or peso which was used throughout Europe, America and Asia during the height of the Spanish Empire. History In Spain and Spanish America The first real was introduced by King Pedro I of Castile in the mid 14th century, with 66 minted from a ''Castilian mark'' of silver (230.0465 grams) in a fineness of (0.9306), and valued of 3 ''maravedíes''. It circulated beside various other silver coins until a 1497 ordinance eliminated all other coins and retained the real (now minted 67 to a mark of silver, 0.9306 fine, fine silver of 3.195 grams) subdivided into 34 ...
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Spanish Colonial Real
The silver real ( es, real de plata) was the currency of the Spanish Empire, Spanish colonies in America and the Philippines. In the seventeenth century the silver real was established at two Spanish real, billon reals (''reales de vellón'') or sixty-eight ''Spanish maravedí, maravedís''. Gold ''Spanish escudo, escudos'' (worth 16 reales) were also issued. The coins circulated throughout Spain's colonies and beyond, with the eight-real piece, known in English as the Spanish dollar, becoming an international standard and spawning, among other currencies, the United States dollar. A reform in 1737 set the silver real at two and half billon reals (reales de vellón) or eighty-five maravedís. This coin, called the ''real de plata fuerte'', became the new standard, issued as coins until the early 19th century. The gold escudo was worth 16 ''reales de plata fuerte''. History Coins were produced at mints in Bogotá, Caracas, Guatemala City, Lima, Mexico City, Popayán, Potosí, San ...
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Billon (alloy)
Billon () is an alloy of a precious metal (most commonly silver, but also gold) with a majority base metal content (such as copper). It is used chiefly for making coins, medals, and token coins. The word comes from the French ''bille'', which means "log". History The use of billon coins dates from ancient Greece and continued through the Middle Ages. During the sixth and fifth centuries BC, some cities on Lesbos used coins made of 60% copper and 40% silver. In both ancient times and the Middle Ages, leaner mixtures were adopted, with less than 2% silver content. Billon coins are perhaps best known from the Roman Empire, where progressive debasements of the Roman ''denarius'' and the Roman provincial ''tetradrachm'' in the second century AD led to declining silver and increasing bronze content in these denominations of coins. Eventually, by the third quarter of the second century AD, these coins were almost entirely bronze, with only a thin coating or even a wash of silver. ...
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