The Holy Grail of Canadian Gold Coinage

The Newfoundland $2 gold coin is one of the most allusive and sought after coins for Canadian collectors and numismatics around the world.

Before Canada gained independence it was made up of colonies. Newfoundland was the first and only British colony to have its own gold coin for circulation.

These small gold coins were intermittently produced from 1865-1888 and had small annual mintages from 2500 to 25,000 in the last year of production.

Actual numbers still left are anyone's guess as many were lost, hidden or melted down over the years. The collapse of Newfoundlands banking system in 1894 saw many of these little coins hoarded due to the distrust people had for paper bank notes and that's when they first became scarce.

The coins are 3.33 grams of 91.7% gold with a diameter and size of a Canadian dime roughly.

Personally I've been looking for one for a few years now but they're incredibly expensive for such a small piece and conditions vary due to their age.

I almost scored one on eBay last year but I got outsniped at the end of the auction by another collector 😤

I have my local coin shop on notice that if they recieve any they're to call me immediately and I also search the internet looking to find one at a price I'm willing to pay. So far my quest has not gained fruit but that's part of the fun of collecting, the search.

Thanks for checking out my post, I hope to one day reveal one of these pieces for Steemit. Wish me luck!

@goldenarms