Saturday, February 9, 2019

Banknotes And Shares

Today I start off with some of the banknotes that preceded a formal across the board money system in Canada. For the first decades of the country's existence, national currency printing for Canada was done at the Royal Mint in London before the Royal Canadian Mint was established in 1908.


The historical timeline for the Canadian economy continued along the wall, noting things like the dawn of Confederation, the founding of the Bank of Canada as an institution during the Depression, the Second World War and the baby boom years, and coming to the modern day with the era of credit cards and new currencies unveiled by an astronaut, Chris Hadfield, in orbit.


There are other items on display. This old fashioned scale caught my eye.


A display of currencies nearby took inflation and deflation into account. This particular note, highlighted on the screen, is a Vietnamese banknote worth 500 000 dong. That might sound like a lot, but it translates to about 30 Canadian dollars.


What to do with your money? Well, you could put your change in various forms of piggy banks, as seen in this display case.


You can buy something, and your money will find a place, however briefly, in a cashier till. It won't look anything like this old fashioned one, though.


Or perhaps you might buy shares in a company. Some older ones were on display here.


On a previous visit to the museum, I played a bit with this game, set up in this area. It's geared towards kids (who would no doubt play better than I did). The idea is to keep inflation down, by piloting your ship through what can best be described as a stargate system. On my previous visit, I pretty much obliterated the economy. Which qualifies me to replace Wilbur Ross, but that's beside the point.


I conclude with one last larger view of the interior space inside the Bank of Canada Museum. I hope you have enjoyed this tour. Tomorrow I will start showing you Winterlude.

32 comments:

  1. ...the scale and cashier till, caught my eye too!

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  2. Has been fascinating to see how the world's money currency has changed over the years, enjoyed seeing the Australian section yesterday. What is the building in your header shot William, hope I haven't asked that before 😊 Yay Wintertime.. looking forward to seeing all your gorgeous winter shots ✨

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  3. It was an interesting tour.
    I'm looking forward to your Winterlude photos since winter is long gone overhere.

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  4. The iconic moneybox of my childhood was the Commonwealth Bank Building (see http://blog.jempp.com.au/uploaded_images/Commonwealth-Bank-Money-Box-783606.jpg) You could not get the money out once it went in. It was opened with a can opener.

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  5. A brontosaurus!

    (Do you see it? Ha ha...)


    "On my previous visit, I pretty much obliterated the economy..."

    We should test world leaders with this game! ;-)



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  6. Hello, it is a wonderful exhibit. I like the old cash register. Thanks for sharing. Happy weekend!

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  7. The old cash register is interesting for sure!

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  8. Beautiful exhibition, especially loved the cash register.
    Have a great weekend
    Hugs
    Maria
    Divagar Sobre Tudo um Pouco

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  9. I find the old fashioned scale and the cashier's till interesting!

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  10. love the scale. so cool!! what interesting facts. ( ;

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  11. I never knew! I dated a guy, between husbands, who was a printer with the bank of Canada. He was different.
    Yay, Winterlude!

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  12. Great share...thanks. I was checking out at the pharmacy yesterday with my bank card, and mentioned that in 10 years I thought we wouldn't use cash at all any more. The clerk raised her eyebrows at me. I didn't say that we wouldn't have clerks any more! Sure hope not.

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  13. These are some pretty flash displays of money.

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  14. I'd love a scale and cash register like that. Just for fun!

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  15. @Tom: they were fitting inclusions in the museum.

    @Grace: Parliament Hill.

    @Jan: I'm busy getting posts together.

    @Joan: here it's the Royal Canadian Mint. They've got facilities here and out west. I really have to get inside sometime and do the tour.

    @Sandi: now that's an idea!

    @Eileen: you're welcome.

    @Marie: that it is.

    @Maria: thank you.

    @Nancy: so do I.

    @Beth: thanks!

    @Jennifer: I was in the former currency museum when it was in the building proper. It was years ago.

    @Barbara: we shall see if that's the case. I still use cash most of the time.

    @Red: they are indeed.

    @Jeanie: it would be quite a decoration.

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  16. Like the vintage cash register ~ neat display photos ~

    Happy Day to you,
    A ShutterBug Explores,
    aka (A Creative Harbor)

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  17. I love that old cash till. We could use someone to replace Wilber Ross. He just won "worst cabinet member" in a NY Times poll and that is one tough competition. There are so many qualified contenders.

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  18. Great tour. I didn't realize London printed your currency for so many years. I loved the old cash register. The grocery store in one little town near where I lived in Iowa had a huge cash machine like that. Tweeted.

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  19. I've enjoyed this tour a lot, William!

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  20. Great tour, William. I love the cash till, it sure would take some training to learn how to operate it.

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  21. I love that old fashioned scale!

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  22. The old scale ( in Dutch weegschaal). Very nice and interesting.

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  23. @Carol: thank you!

    @Italiafinlandia: it is quite a museum.

    @Sharon: unfortunately that's true!

    @Mari: it was done there, and then as years went on Canadians were printing money for other countries in addition to our own.

    @RedPat: I've enjoyed showing it.

    @Bill: it would!

    @Tamago: so do I.

    @Aritha: if I tried to pronounce that word, I'd get it wrong.

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  24. great tour. I wonder when the banknotes will disappear.

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  25. Yes I did enjoy this tour. And I look forward to the next event on the docket. :-)

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  26. After reading this post, William, the first comment that came to mind was a rather bad pun...” you got your money’s worth” in this bank museum.😉

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  27. What a beautiful old till! (We call them cash registers. I think "till" has a nice ring to it.)

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  28. I love museums like this one! Asked hubby, "do you know who Chris Hadfield is?" to which he replied, "do you know who Alexander Gerst is?!!"(which I do) He took Die Maus to ISS, too (https://en.wikipedia.org/wiki/Die_Sendung_mit_der_Maus)

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  29. Cool! I don't think I have ever seen photos of old banknotes like that, very cool!

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