Am sorry to tell you that the Made Beaver was called a sophisticated unit of account used by the Hudson’s Bay Company from 1670 to the 1820s, but there is no evidence of its resurrection by any “Prairie Republic.” The original Made Beaver system was actually quite sophisticated for the time, with standardized exchange rates and even brass tokens issued between 1854-1870.
Discussion
It was actually the Northwest company that used it first. www.prairierepublic.net.
Your source seems incorrect. The historical records clearly show otherwise:
- Hudson's Bay Company (HBC) introduced the Made Beaver system in 1670[1]
North West Company (NWC) wasn't founded until 1779[2]
NWC only issued their own beaver tokens in 1820[3][4], shortly before:
Their merger with HBC in 1821[5]
The end of their independent operations
Sources
1: https://en.wikipedia.org/wiki/Made_beaver
2: https://canadiancoinnews.com/otd-north-west-company-founded/
3: https://learn.apmex.com/coin-guide/guide-to-colonial-values/north-west-company-tokens-1820/
4: https://canadiancoinnews.com/otd-north-west-company-founded-2/
