Beaver was built in London of British oak, elm, greenheart and teak, and was copper fastened and sheathed. Her length was 101 feet (31 m), and the beam over her paddle boxes was 33 feet (10 m). She was launched at Blackwall Yardon 9 May 1835 and left London on 29 August under the command of Captain David Home, and with the company's barque, Columbia, built at the same time and commanded by Captain Darby. Beaver was outfitted as a brig for the passage out, paddles unshipped, and came out via Cape Horn under sail alone. After calling at Juan Fernandez and Honolulu, she arrived off the Columbia River on 18 March 1836 and anchored off Fort Vancouveron 10 April. Here the paddles were shipped and boilers and engines connected.

[edit]Service in Canada

Beaver was used to service trading posts maintained by the Hudson's Bay Companybetween the Columbia Riverand Russian America(Alaska) and played an important role in helping maintain British control in British Columbiaduring the Fraser Canyon Gold Rushof 1858-59. In 1862 she was chartered by the Royal Navyto survey and chart the coast of the Colony of British Columbia. She was finally sold by the Hudson's Bay Company in 1874.

[edit]Loss

She was purchased by a consortium that became the British Columbia Towing and Transportation Company in 1874^[1] and was used as a towboat until 25 July 1888 when, due to an inebriated crew, she went aground on rocks at Prospect Pointin Vancouver's Stanley Park. The wreck finally sank in July 1892 from the wake of the passing steamer Yosemite, and only after enterprising locals had stripped much of the wreck for souvenirs. The Vancouver Maritime Museumhouses a collection of Beaver remnants. The site of the sinking has been commemorated with a plaque. Divers surveyed the wreck in the 1960s, but it had mostly disintegrated due to rot and currents.

In early 1925 the Stone Mountain Monumental Association was looking for different ways to market and help sell their newly issued commemorative. With the profits derived from the sale of a proposed 2,000,000+ coins at $1 each, the Association hoped to defray the cost of carving the massive granite sculpture in Stone Mountain, Georgia.

Along with enlisting the help of banks, insurance companies, and others, the group came up with the idea of “special” counterstamped pieces. There are basically three types of counterstamps, and they are as follows: