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
New Zealand one-dollar coin used in coin fraud in the UK as they sometimes pass for £1 coins in vending machines. They can often be spent in shops too, especially the later head coins. New Zealand one-dollar coin The New Zealand one-dollar coin ($1) is a coin of the New Zealand dollar. The current circulating coin was introduced on 11 February 1991 to replace the existing $1 note. There had previously been occasional issues of commemorative "silver dollars", but they are rarely seen in circulation. The depiction of a kiwi on the reverse helps give the New Zealand dollar the colloquial name "Kiwi (dollar)",