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
Trillion dollar coin Treasury in 1996. Laurence Tribe, a constitutional law professor at Harvard Law School, said the legal basis of the trillion dollar coin is sound and that the coin could not be challenged in court as no one would have standing to do so. Professor Jonathan H. Adler of the Case Western Reserve University School of Law has said that he believes the legality of the trillion dollar coin to be dubious. The idea for the Treasury Department to mint a coin and send it to the Federal Reserve in order to pay off the debt was first popularized by Populist