The Decimal Currency Issue of 1854

As can be seen on the Canadian stamps pictured, the monetary system of Canada was figured in both currency and sterling. The variations were irksome, and the calculations of who owed what to whom and in what currency were ended in 1859, when the Canadian government enacted laws giving Canada a decimal currency system. The stamps that were printed were a one cent, ten cent, twelve one-half cent, and seventeen cent. In 1864, a two-cent stamp was added. Almost none of the Decimal Currency issues are rare. Yet centered, undamaged copies are extremely difficult to find.

The ten cent was given no less than twenty-five printings during its life; its shades varied from black brown to a color that is almost red. It is said of this stamp that no two stamps bear an identical shade, so greatly do they vary in color. The black brown is the rarest shade and is listed as a separate number in the Scott catalogue. Great confusion exists over these shades– prudence would dictate buying the rare black brown shade only from a reputable dealer with a certificate of genuineness.

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