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200 DOLLARS  -  2010 CANADIAN COINS  -  PETROLEUM AND OIL TRADE

SKUMO710
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636.49 €
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Description

Composition : 91,67% gold, 8,33% silver, 22-karat gold
Mintage : 4,000

Drilling a path to prosperity

The silky black liquid that modern society readily associates with the automobile has been used by humanity long before the invention of the horseless carriage. Thousands of year ago, people were using petroleum as fuel for fire, lighting, medicinal purposes and warfare.

North Americas'early settlers also valued oil for lighting and as axle grease for their wagons. The first notion that this valuable fuel could be harvested from the Canadian landscape emerged towards the end of the 1700's when bitumen was found along Alberta's Athabasca and Clearwater Rivers. It took a few entrepreneurs to keep exploration and development going;the following century, Ontario became a hub of activity when Canada'sfirst oil production began at Oil Springs in 1858.

Blowouts frrom early wells were common.[...]

When the railway arrived, so did significant advancements in transportation; a single tank car could deliver larger quantities of crude oil to refineries and finished products to consumers in a safer, more efficient manner. During the nextfew decades, demand skyrocketed as Canadians began their love affair with the automobile and enthusiastically embraced the farm tractor. Oil became an increasingly significant staple of everyday life - a global reality that made Canada one of the world's major producers.

200 DOLLARS - PETROLEUM AND OIL TRADE - 2010 CANADIAN COINS is categorised COINS AND PAPER MONEY / 08- ROYAL CANADIAN MINT / 25- GOLD, PLATINE & PALLADIUM COINS and sold by l'Imaginaire, a store and specialised website.

Face value : 200 CANS

Print : 1732

Manufacturer : MONNAIE ROYALE CANADIENNE

Component : 22-KARAT GOLD

SKUMO710
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