Final answer:
During the early fur trade, beaver pelts had the highest value due to their durability and the demand for fashionable hats and coats made from beaver fur.
Step-by-step explanation:
The fur pelts with the highest value during the early fur trade were beaver pelts. Beaver fur was highly sought after due to its durability and the soft, dense underfur known as 'beaver wool'.
Beaver pelts were used to make fashionable hats and coats in Europe. The demand for beaver pelts led to extensive trapping and trading activities by European settlers in North America.
Other fur pelts that were valuable during the fur trade included buffalo, mink, and otter. However, the beaver pelts held the highest value.
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