Newfoundland 2 dollar coin that resulted in Newfoundland being a self-governing colony, free to make its own decisions on internal matters, such as coinage, independently of the UK government. 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
Commemorative coins of Canada the Voyageur one dollar coin, was issued in 1935 to commemorate the twenty-five years of King George V's reign. It featured a voyageur (French-Canadian fur trader) and an indigenous man, paddling a birch-bark canoe laden with furs, with the northern lights in the background. Although intended as a commemorative coin, it continued to be issued until 1986, the year before the Loonie was introduced. For information on the Voyageur dollar, see: Voyageur dollar. In 1987, the Mint introduced a new one dollar coin. It normally features a loon on the reverse. Nicknamed the "loonie", it replaced both the one dollar