Newfoundland 2 dollar coin that resulted in Newfoundland being a self-governing colony, free to make its own decisions on internal matters, such as coinage, independently of the UK government. 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
Loonie also, using steel provides cost savings and avoids fluctuations in price or supply of nickel. On April 10, 2012, the Royal Canadian Mint announced design changes to the loonie and toonie, which include new security features. Alongside the regular minting of the loonie with the standard image of the common loon on the coin's reverse, the Royal Canadian Mint has also released commemorative editions of the one-dollar coin for a variety of occasions. These coins have a circulation-grade finish and have been made available to the public in five-coin packs and in 25-coin rolls in addition to being released directly