Mississippi Mills issued this piece as part of the wave of Canadian municipal "trade dollars" that proliferated after Timmins pioneered the format in the 1960s. These local issues were never legal tender — they functioned as promotional currency, typically redeemable at participating merchants and sold to collectors at face value or a modest premium.
The $4 denomination is an oddity even within this genre, where $1 and $2 face values dominated.
Mississippi Mills issued this piece as part of the wave of Canadian municipal "trade dollars" that proliferated after Timmins pioneered the format in the 1960s. These local issues were never legal tender — they functioned as promotional currency, typically redeemable at participating merchants and sold to collectors at face value or a modest premium.
The $4 denomination is an oddity even within this genre, where $1 and $2 face values dominated.