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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. Background Prior to Canadian confederation in 1867, provinces and colonies had separate currencies. Having been a colony from its founding in 1610 until 1907, and then a dominion prior to joining Canada, Newfoundland had its own currency, the Newfoundland dollar, until 1949. Newfoundland began to issue its own decimal currency in 1865. The original plans for the new Newfoundland coinage suggested including a gold dollar. Over concerns that it would be easily lost as a result of its small size and value, the denomination of the gold coin was increased to two dollars.Cross, p. 55. Description The resulting two-dollar coin h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newfoundland Dollar
The dollar was the currency of the colony of Newfoundland and, later, the Dominion of Newfoundland, from 1865 until 1949, when Newfoundland became a province of Canada. It was subdivided into 100 cents. History In 1865, Newfoundland adopted the gold standard, and the dollar replaced the pound at a rate of 1 dollar = 4 shillings 2 pence sterling or 1 pound = $4.80, slightly higher than the Canadian dollar (worth 4s 1.3d). The significance of this rating was that two cents was equal to one penny sterling. It was seen as a compromise between adopting the British system or the American system. It also had the effect of aligning the Newfoundland unit to the dollar unit in the British Eastern Caribbean colonies. The West Indian dollar was directly descended from the Spanish dollar (pieces of eight). Newfoundland was unique in the British Empire in that it was the only part to introduce its own gold coin in conjunction with its gold standard. Newfoundland two-dollar coins were minted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1893
The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. It deeply affected every sector of the economy, and produced political upheaval that led to the political realignment of 1896 and the presidency of William McKinley. Causes The Panic of 1893 has been traced to many causes, one of those points to Argentina; investment was encouraged by the Argentine agent bank, Baring Brothers. However, the 1890 wheat crop failure and a failed coup in Buenos Aires ended further investments. In addition, speculations in South African and Australian properties also collapsed. Because European investors were concerned that these problems might spread, they started a run on gold in the U.S. Treasury. Specie was considered more valuable than paper money; when people were uncertain about the future, they hoarded specie and rejected paper notes.Nelson, Scott Reynolds. 2012. A Nation of Deadbeats. New York: Alfred Knopf, p. 189. During the Gi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Random House
Random House is an American book publisher and the largest general-interest paperback publisher in the world. The company has several independently managed subsidiaries around the world. It is part of Penguin Random House, which is owned by German media conglomerate Bertelsmann. History Random House was founded in 1927 by Bennett Cerf and Donald Klopfer, two years after they acquired the Modern Library imprint from publisher Horace Liveright, which reprints classic works of literature. Cerf is quoted as saying, "We just said we were going to publish a few books on the side at random," which suggested the name Random House. In 1934 they published the first authorized edition of James Joyce's novel ''Ulysses'' in the Anglophone world. ''Ulysses'' transformed Random House into a formidable publisher over the next two decades. In 1936, it absorbed the firm of Smith and Haas—Robert Haas became the third partner until retiring and selling his share back to Cerf and Klopfer in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Self-governing Colony
In the British Empire, a self-governing colony was a colony with an elected government in which elected rulers were able to make most decisions without referring to the colonial power with nominal control of the colony. This was in contrast to a Crown colony, in which the British Government ruled and legislated via an appointed Governor, with or without the assistance of an appointed Council. Most self-governing colonies had responsible government. Self-governing colonies for the most part have no formal authority over constitutional matters such the monarchy and the constitutional relationship with the United Kingdom. The Judicial Committee of the Privy Council in London serves as the ultimate avenue of appeal in matters of law and justice. Colonies have sometimes been referred to as "self-governing" in situations where the executive has been under the control of neither the imperial government nor a local legislature elected by universal suffrage but by a local oligarchy state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Responsible Government
Responsible government is a conception of a system of government that embodies the principle of parliamentary accountability, the foundation of the Westminster system of parliamentary democracy. Governments (the equivalent of the executive branch) in Westminster democracies are responsible to parliament rather than to the monarch, or, in a colonial context, to the imperial government, and in a republican context, to the president, either in full or in part. If the parliament is bicameral, then the government is responsible first to the parliament's lower house, which is more representative than the upper house, as it usually has more members and they are always directly elected. Responsible government of parliamentary accountability manifests itself in several ways. Ministers account to Parliament for their decisions and for the performance of their departments. This requirement to make announcements and to answer questions in Parliament means that ministers must have the priv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Raj
The British Raj (; from Hindi ''rāj'': kingdom, realm, state, or empire) was the rule of the British Crown on the Indian subcontinent; * * it is also called Crown rule in India, * * * * or Direct rule in India, * Quote: "Mill, who was himself employed by the British East India company from the age of seventeen until the British government assumed direct rule over India in 1858." * * and lasted from 1858 to 1947. * * The region under British control was commonly called India in contemporaneous usage and included areas directly administered by the United Kingdom, which were collectively called British India, and areas ruled by indigenous rulers, but under British paramountcy, called the princely states. The region was sometimes called the Indian Empire, though not officially. As ''India'', it was a founding member of the League of Nations, a participating nation in the Summer Olympics in 1900, 1920, 1928, 1932, and 1936, and a founding member of the United Nations in San F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doubloon
The doubloon (from Spanish ''doblón'', or "double", i.e. ''double escudo'') was a two-''escudo'' gold coin worth approximately $4 (four Spanish dollars) or 32 '' reales'', and weighing 6.766 grams (0.218 troy ounce) of 22-karat gold (or 0.917 fine; hence 6.2 g fine gold).Pre-1728 weight standard 27.468/4 = 6.867 g mentioned here is not confirmed in several sources. https://coins.nd.edu/ColCoin/ColCoinIntros/Sp-Gold.intro.html Doubloons were minted in Spain and the viceroyalties of New Spain, Peru, and Nueva Granada (modern-day Colombia, Ecuador, Panama, and Venezuela). As the Spanish escudo succeeded the heavier gold ''excelente'' (or ''ducado'', ducat; 3.1 g vs 3.48 g fine gold) as the standard Spanish gold coin, the doubloon therefore succeeded the ''doble excelente'' or double-ducat denomination. In modern times, the doubloon is remembered due in large part to the influence of historical fiction about piracy. History Spanish American gold coins were minted in one-half, one, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eagle (United States Coin)
The eagle was a United States $10 gold coin issued by the United States Mint from 1792 to 1933. The eagle was the largest of the five main decimal base-units of denomination used for circulating coinage in the United States prior to 1933, the year when gold was withdrawn from circulation. These five main base-units of denomination were the mill, the cent, the dime, the dollar, and the eagle, where a cent is 10 mills, a dime is 10 cents, a dollar is 10 dimes, and an eagle is 10 dollars. The eagle base-unit of denomination served as the basis of the quarter eagle ($2.50), half eagle ($5), eagle ($10), and double eagle ($20) coins. With the exceptions of the gold dollar coin, the gold three-dollar coin, the three-cent nickel, and the five-cent nickel, the unit of denomination of coinage prior to 1933 was conceptually linked to the precious or semi-precious metal that constituted a majority of the alloy used in that coin. In this regard the United States followed long-standin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis D'or
The Louis d'or () is any number of French coins first introduced by Louis XIII in 1640. The name derives from the depiction of the portrait of King Louis on one side of the coin; the French royal coat of arms is on the reverse. The coin was replaced by the French franc at the time of the revolution and later the similarly valued Napoléon. The actual value of the coins fluctuated according to monetary and fiscal policy (see livre tournois), but in 1726 the value was stabilized. The 1640 issue of Louis d’or contained five denominations: a half Louis and a one, two, four, and eight Louis. All subsequent issues through 1793 were only denominated in half, one, and two Louis. Louis XIII The Louis d'or (a gold coin) replaced the franc which had been in circulation (in theory) since John II. In actual practice the principal gold coin circulating in France in the earlier 17th century had been Spanish: the 6.7-gram double ''escudo'' or "doubloon", of which the ''Louis d'or'' was an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign (British Coin)
The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy oz of pure gold. Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In addition, circulation strikes and proof examples are often collected for their numismatic value. In most recent years, it has borne the design of Saint George and the Dragon on the reverse; the initials () of the designer, Benedetto Pistrucci, are visible to the right of the date. The coin was named after the English gold sovereign, which was last minted about 1603, and originated as part of the Great Recoinage of 1816. Many in Parliament believed a one-pound coin should be issued rather than the 21-shilling guinea that was struck until that time. The Master of the Mint, William Wellesley Pole had Pistrucci design the new coin; his depiction was also used for other go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guinea (British Coin)
The guinea (; commonly abbreviated gn., or gns. in plural) was a coin, minted in Great Britain between 1663 and 1814, that contained approximately one-quarter of an ounce of gold. The name came from the Guinea region in West Africa, from where much of the gold used to make the coins was sourced. It was the first English machine-struck gold coin, originally representing a value of 20 shillings in sterling specie, equal to one pound, but rises in the price of gold relative to silver caused the value of the guinea to increase, at times to as high as thirty shillings. From 1717 to 1816, its value was officially fixed at twenty-one shillings. In the Great Recoinage of 1816, the guinea was demonetised and the word "guinea" became a colloquial or specialised term. Although the coin itself no longer circulated, the term ''guinea'' survived as a unit of account in some fields. Notable usages included professional fees (medical, legal, etc.), which were often invoiced in guineas, and h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newfoundland Twenty Cents
The first known pattern for the Newfoundland 20-cent piece is a bronze strike with an obverse derived from a New Brunswick coin. The reverse is from the die for the 1864 New Brunswick 20-cents. The twenty-cent denomination was very popular in Newfoundland and was minted on a consistent basis throughout the reign of Queen Victoria. Over the years the piece became unpopular with Canadians as it was easily confused with the Canadian 25-cent piece, which was similar in size and shape. Pressured by Canada, the government replaced it with a twenty-five cent coin during World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin .... Queen Victoria Laureated Portrait, 1865-1894 Specifications Mintages Mintages 1896 has Large 96 and Small 96 Varieties. 1899 has three varieties, lar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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