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
Trillion dollar coin placed by former Fed Chair Ben Bernanke or one of the 12 Presidents of the regional Federal Reserve Banks. Former Director Diehl disagreed with Moy concerning a platinum bullion coin but agreed with Moy that a proof platinum coin would be a problem for the Fed. Diehl reiterated his view that "I certainly think [minting a trillion dollar coin] is inferior to raising or eliminating the [debt] limit but it's far better than defaulting and suffering the consequences of doing so." Trillion dollar coin The trillion dollar coin is a concept that emerged during the United States debt-ceiling crisis in