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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. [1]
The double eagle continued to be struck until May. On December 28, 1933, Acting Secretary of the Treasury Henry Morgenthau ordered Americans to turn in all gold coins and gold certificates, with limited exceptions, receiving paper money in payment. [50] Millions of gold coins were melted down by the Treasury in the following years.
To this point, the brand had remained a regional product of New England; [5] soon after its purchase, Himmel began a national marketing campaign which saw sales increase by over 70% annually. [6] [7] By 1995, Gold Bond was a US$27 million business, [7] and was sold to Chattem in April 1996 for $40 million. [5]
The Type 2 and 3 gold dollars depict Liberty as a Native American princess, with a fanciful feathered headdress not resembling any worn by any Indian tribe. This image is an inexact copy of the design Longacre had made for the three-dollar piece, and is one of a number of versions of Liberty that Longacre created based on the Venus Accroupie or ...
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The common misconception that the $2 note is no longer being produced also remains, [15] though $2 notes have been printed since 1862, except for a 10-year hiatus between 1966 and 1976. The U.S. Treasury reports that $1,549,052,714 worth of $2 bills were in circulation worldwide as of April 30, 2007. [15]
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