Newfoundland pound

Newfoundland pound

The pound was the currency of Newfoundland until 1865. It was subdivided into 20 shillings, each of 12 pence. The Newfoundland pound was equal to the British pound and British coins circulated, supplemented by locally produced tokens and banknotes. In 1865, the dollar was introduced at a rate of 1 dollar = 4 shillings 2 pence.

Contents

Tokens

Tokens for 1 farthing and ½ penny were privately produced between 1841 and 1860.

Banknotes

In 1854, the Union Bank of Newfoundland introduced 1 pound notes. The same denomination was issued by the Commercial Bank of Newfoundland from 1857. Both banks continued to issue notes denominated in pounds after the introduction of the dollar, although they did issue dollar notes in the 1880s.

See also

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Newfoundland dollar — $1 ISO 4217 code NFD …   Wikipedia

  • Newfoundland 2 dollar coin — Two dollars Newfoundland Value 2.00 NFD Mass  3.33 g Diameter  17.98 mm Edge Reeded …   Wikipedia

  • Newfoundland one cent — As Newfoundland did not join the Dominion of Canada until 1949, it had its own currency for many decades. It adopted its own decimal currency in 1863. Compared to other pre Confederation British colonies, it had a wide selection of decimal… …   Wikipedia

  • Newfoundland ten cents — The Newfoundland ten cent coins exist as a bronze pattern with the adopted obverse from the New Brunswick coin (the words Newfoundland substitute New Brunswick). This design adoption is similar to that used for Newfoundland five cent coins. The… …   Wikipedia

  • Newfoundland twenty-five cents — Although twenty cent coins were required during the reign of King George V, arrangements were being made to replace the denomination. The Ottawa Mint was going to start producing Newfoundland’s coins and Canadians did not like the Newfoundland… …   Wikipedia

  • Newfoundland five cents — Work on the coinage tools for the Newfoundland five cent coin began after the one cent coin, so the coin has no legend. The first pattern is derived from the New Brunswick obverse with Newfoundland substituted for New Brunswick. [1] Contents 1… …   Wikipedia

  • 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… …   Wikipedia

  • Newfoundland fifty cents — The Newfoundland fifty cent piece was the last denomination to be added to the Victorian coinage. Its first year of issue was 1870. The laureate portrait is stylistically unlinke anything used for the rest of British North America. The… …   Wikipedia

  • Pound (currency) — The pound, a unit of currency, originated in England as the value of a pound mass of silver. [ [http://www.etymonline.com/index.php?term=pound Online Etymology Dictionary] ] For a long time, £1 worth of silver coins were a troy pound in… …   Wikipedia

  • Pound sterling — GBP redirects here. For other uses, see GBP (disambiguation). Pound sterling Peuns sterling (Cornish) Punt steirling (Irish) Punt Sostynagh …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”