Salt Spring dollar

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Salt Spring dollar
ISO 4217
CodeTemplate:ISO 4217/code (numeric: Template:ISO 4217/code-to-number)
SubunitTemplate:ISO 4217/code-minor-unit
Unit
Symbol$$
Denominations
Banknotes
Page Template:Nobold/styles.css has no content. Freq. used$$1, $$2, $$5, $$10, $$20, $$50
Page Template:Nobold/styles.css has no content. Rarely used$$100
Demographics
User(s)Salt Spring Island, British Columbia
Issuance
Central bankSalt Spring Island Monetary Foundation
Page Template:Nobold/styles.css has no content. Websitewww.saltspringdollars.org
PrinterAdler Tech International
MintLasqueti Mint
Page Template:Nobold/styles.css has no content. Websitewww.lqmint.com
Valuation
Pegged withCanadian dollar

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The Salt Spring Dollar is a local currency issued by the Salt Spring Island Monetary Foundation to promote local history, art and goodwill on Salt Spring Island, British Columbia, Canada.

History

Roundtable discussions of the Sustainable Salt Spring Island Coalition examined the possible establishment of a local currency in the fall of 2000. In July 2001, the Salt Spring Island Monetary Foundation was established and registered with the Province of British Columbia. The currency was first issued in September 2001. In 2006, the Spring Island Monetary Foundation began planning their first silver coin edition. The first coins were minted and issued in December 2007.

Currency

Bills were, and still are, issued in $$1, $$2, $$5, $$10, $$20, $$50, and $$100 denominations. Each bears the image of a distinct figure from Salt Spring history, such as Henry Wright Bullock ($$1 bill), Matilda Naukana Harris ($$2 bill), and Sylvia Stark ($$5 bill). Along with the figure is a quote by Albert Einstein: "How I wish that somewhere there existed an Island for those who are wise and of good will! In such a place even I would be an ardent patriot." In the centres are landscape shots of various locations on the island. The reverse of the bills feature paintings from local artists including Robert Bateman.

The Salt Spring Dollar is exchanged at par with the Canadian dollar, and used at very few businesses throughout the island. They were given the distinct symbol $$, to denote Salt Spring Island Issued. The Salt Spring Island Monetary Foundation backs the currency with Canadian dollars.

Sources

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