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
Hull, Quebec was very much the preserve of the "draveurs", people who would use the river to transport logs from lumber camps until they arrived downriver. (The Gatineau River flows south into the Ottawa River which flows east to the St Lawrence River near Montreal.) The log-filled Ottawa River, as viewed from Hull, appeared on the back of the Canadian one-dollar bill until it was replaced by a dollar coin (the "loonie") in 1987, and the very last of the dwindling activity of the draveurs on these rivers ended a few years later. Ottawa was founded later, as the terminus of the