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Today, fur clothing is still a sign of wealth around the world, and the prices for prime fur clothing continue to rise. The sable coat, in particular, is a symbol of status and is one of the most coveted types of fur coats. There are American and Canadian versions of the sable coat, but the Russian version is the most valuable.
Its services are used by both large fur farms and small-time trappers. Its auctions are held three to four times a year in Toronto. It is the largest fur auction house in North America, and the second largest in the world. [1] In its May 2008 auction, NAFA handled nearly 3.5 million pelts.
Modern fur trapping and trading in North America is part of a wider $15 billion global fur industry where wild animal pelts make up only 15 percent of total fur output. In 2008, the global recession hit the fur industry and trappers especially hard with greatly depressed fur prices thanks to a drop in the sale of expensive fur coats and hats.
The American Fur Trade of the Far West: A History of the Pioneer Trading Posts and Early Fur Companies of the Missouri Valley and the Rocky Mountains and the Overland Commerce with Santa Fe. 2 vols. (1902). full text online; Dolin, Eric Jay (2010). Fur, Fortune, and Empire: The Epic History of the Fur Trade in America (1st ed.).
By the early 19th century, several companies established strings of fur trading posts and forts across North America. As well, the North-West Mounted Police established local headquarters at various points such as Calgary where the HBC soon set up a store.
Beaver fur has long been used in making muffs, stoles, collars, trimmings, and felt for hats. [4] The American beaver scores a 90/100 on the Austin Fur Durability chart [5] making it practical for utilitarian items such as linings. In the 21st century beaver is considered a premium fur and is often seen as very attractive to designers.
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This is a list of Hudson's Bay Company trading posts. [1]For the fur trade in general see North American fur trade and Canadian canoe routes (early).For some groups of related posts see Fort-Rupert for James Bay.