905

Lamson & Hubbard Trading Company 1 MB. Interestingly there was a totally Canadian arm of the Americ

Currency:CAD Category:Coins & Paper Money Start Price:750.00 CAD
Lamson & Hubbard Trading Company 1 MB.  Interestingly there was a totally Canadian arm of the Americ

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Auction Date:2024 Nov 23 @ 18:00 (UTC-05:00 : EST/CDT)
Location:5220 1st. Avenue, Quebec City, Quebec, G1H 2V2, Canada
Lamson & Hubbard Trading Company 1 MB. Interestingly there was a totally Canadian arm of the American Furrier Lamson and Hubbard from Boston. They saw a good opportunity in 1918 to compete against the HBC mainly in the Northwest Territories and northern Alberta. They grew quickly to 35 posts and would have continued to do well but the fur prices plummeted in 1921 and fledgling company had to sell to the HBC in 1924. The other denominations are ½ and 5 MB. The LH tokens were issued out of Baker Lake NWT. The Cc stands for Canadian Company. Because of the short time these tokens were issued and their remote origin, they are VERY rare.