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
Gatineau from 10% in 1850, to 50% in 1870, and 90% in 1920. The Gatineau River, like the Ottawa River, was a basic transportation resource for the "draveurs", workers who transport logs via the rivers 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, was featured on the back of the Canadian one-dollar bill; the paper money was replaced by a dollar coin (the "loonie") in 1987. The last of the dwindling activity of the draveurs