Once the thriving hub of the transatlantic cod fishery and later destroyed by marauding troops, Ferryland is now the site of one of Canada’s most historic and prolific archaeological digs. More than one million artifacts have been found, including a large variety of coins and the Kirke token—the earliest piece of money made for use in Canada.

The story of Ferryland, deserving of a Hollywood production, serves as a backdrop to the monetary history of 17th century Newfoundland.

— Paul Berry, Chief Curator of the Currency Museum

Broken Coins and Paper Promises explores the various functions of money and also illustrates what could happen in the absence of a central issuing authority like the Bank of Canada. Showcasing artifacts from Ferryland, together with pieces from the Museum’s National Currency Collection, the exhibit uses fascinating images and an innovative short film to guide visitors through the colony’s history.

Share in the discovery!

Visit the Currency Museum of the Bank of Canada and see Broken Coins and Paper Promises from 24 July to 13 December 2009.