Newfoundland 2 dollar coin Newfoundland 2 dollar coin The Newfoundland 2 dollar coin was issued in intermittent years between 1865 and 1888. It was the only circulation gold coin issued by a British colony. Although few coins were issued, it was broadly used in Newfoundland and Eastern Canada. The coin became scarce in 1894 because of hoarding following the collapse of Newfoundland's banks and monetary system. Prior to Canadian confederation in 1867, provinces and colonies had separate currencies. Having been a colony from its founding until 1907, and then a dominion prior to joining Canada, Newfoundland had its own currency, the Newfoundland dollar, until
Dollar coin (United States) was the smallest denomination of gold currency ever produced by the United States federal government. When the U.S. system of coinage was originally designed there had been no plans for a gold dollar coin, but in the late 1840s, two gold rushes later, Congress was looking to expand the use of gold in the country’s currency. The gold dollar was authorized by the Act of March 3, 1849, and the Liberty Head type began circulating soon afterward. Because of the high value of gold, the gold dollar is the smallest coin in the history of U.S. coinage. The trade dollar