Newfoundland 2 dollar coin minted in London. Newfoundland's two dollar coin was broadly used not only in Newfoundland, but also in Eastern Canada in general. The supply of the coins "virtually disappeared" in 1894, when Newfoundland's banks and monetary system collapsed. With paper banknotes being distrusted, the gold coins were hoarded, as well as two next-highest Newfoundland denominations, the silver 50-cent and 20-cent pieces. With its two-dollar coin, Newfoundland became the only British colony to issue circulating gold coinage apart from Sydney Mint which issued Australian sovereigns from 1855 onwards. Gold coinage was used in Canada and other British domains. For example, in the
Dollar coin (United States) dollar coin is the same size and composition as the Sacagawea dollar. "In God We Trust", the issue year, and the mint mark appear on the edge. The first dollar, honoring George Washington, was released into circulation on February 15, 2007. However, became law on December 26, 2007 which moved "In God We Trust" from the edge to the obverse. A common minting error on this coin, estimated at 80,000, from a mintage of 300,000,000 coins, is the omission of the edge lettering causing a plain outside edge. Because the omission includes the words "In God We Trust", some in