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1 Cochrane Dollar Cochrane, Alberta
| Issuer | Cochrane Monetary Foundation |
|---|---|
| Year | 2017 |
| Type | Log in to see details |
| Value | 1 Dollar 1 CAD = USD 0.73 |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Gold and cream note with a central vignette of Senator Matthew Henry Cochrane (1823–1903) in monochrome against an Alberta mountain landscape with guilloche wave underprint. The denomination numeral "1" appears in a circular guilloche rosette at left, flanked by a vertical repeating "1$" microprint strip and a circular seal; the CMF President's signature appears below the portrait. |
|---|---|
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| Reverse lettering | Men of Vision Statue Cochrane, Alberta, Canada Cochrane is named for Senator Matthew Cochrane, who started the Cochrane Ranche and envisioned a prosperous future. Today, we thank everyone who worked hard and realized their visions. As it says on the Men of Vision Statue plaque, "...change and progress, hand in hand, twas thus Alberta grew." cochranedollar.ca 1 one cochrane dollar |
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| Comments |
The Cochrane Dollar is a local currency initiative launched in 2017 by the Cochrane Monetary Foundation to encourage residents to spend within the town rather than driving to Calgary, roughly 40 kilometres east. These complementary currency schemes — sometimes called BerkShares-style local scrip — have had mixed results across North America, with most folding within a decade due to low merchant uptake and the friction of managing a parallel exchange system.
Printed locally in Cochrane rather than through a commercial security printer, which means authentication features are minimal compared to regional currencies issued elsewhere in Canada.