$4,388.80 / troy oz
Spot as of Sep 8, 2026 8:20 AM · $1 move in gold changes this coin by $0.0981
PhotoNot on file yet — specs below are mint weight.
What this coin is
Newfoundland $2 gold, 1865–1888. Tiny 22k piece, 3.33 g, 0.0981 oz. Shops see these in mixed world gold. Some dates are collector coins above melt.
What is written on the coin
Victoria. NEWFOUNDLAND, TWO HUNDRED CENTS / TWO DOLLARS, date. About 18 mm.
Metal content (the melt spec)
Mint specification: 3.3287 grams at 91.67% fine, which is 0.09810 troy oz of pure gold (AGW). Formula: grams × fineness ÷ 31.1034768. Date and mintmark do not change that number. Tiny 22k gold. About 3.33 g, 0.0981 oz. Often in mixed world-gold lots. Collector dates exist — check before melt. Melt today is $430.54 per coin at $4,388.80 gold.
Mintage
Mintage varies by date. We do not publish a year-by-year mintage table here because melt is the same for this composition. A scarce date or a high grade can be worth more than melt; a common worn piece is often near melt.
A little history
This type belongs to the 1865–1888 period in Canada. Use the date on the coin to confirm you have this composition, not a later clad or debased issue of the same design.
How to tell you have this type
Says Newfoundland, not Canada. About 3.3 g. Not a US $2.50, and not a Canadian $5.
Date and mintmark do not change the metal on this page. Collector value is a different market — a shop looks at date, mint, and condition. Melt is the floor.
Melt / coin$430.54
Gold spot$4,388.80
AGW0.09810 oz
Gross weight3.329 g
Fineness91.67%
Gross troy oz0.1070
Face$2.00
Coins / oz10.19
If you want to sell Find a shop near you
A local coin shop can make an offer. Melt is the metal floor, not a quote. Many shops buy generic gold and silver as a percent of that number.
Before you sell
Usually near melt
If the coin is damaged or heavily worn, melt is a fair starting number. If it looks special, check collector solds before you sell.
Melt is the metal floor. A shop looks at date, mint, and condition. We list 417 types and ~10,500 melt values.
Quick amounts
Using $4,388.80 gold.
| You have | Pure oz | Melt |
|---|---|---|
| 1 coin | 0.0981 | $430.54 |
| 10 coins | 0.9810 | $4,305.41 |
| 20 coins | 1.9620 | $8,610.83 |
Gold chart
Where gold has been.
Melt alert
Email me if this coin’s melt crosses a number I set.
Related types
Same metal, nearby coins.
Canada Maple Leaf 1/15 oz gold
1994–2013 · 0.06667 AGW
$292.60
Canada $5 gold (1912–1914)
1912–1914 · 0.24187 AGW
$1,061.52
Canada $10 gold (1912–1914)
1912–1914 · 0.48375 AGW
$2,123.08
Canada $20 gold Confederation (1967)
1967 · 0.52880 AGW
$2,320.80
Indian Head (Type Two) Gold Dollar (1854-1856)
· 0.04837 AGW
$212.29
Canada $100 Olympic gold 14k (1976)
1976 · 0.25000 AGW
$1,097.20
Canada $100 Olympic gold 22k (1976)
1976 · 0.50000 AGW
$2,194.40
Canada $100 gold 22k (1977–1986)
1977–1986 · 0.50000 AGW
$2,194.40
Canada $20 gold Confederation (1967)
1967 · 0.52880 AGW
$2,320.80
Indian Head (Type Two) Gold Dollar (1854-1856)
· 0.04837 AGW
$212.29
Canada $100 Olympic gold 14k (1976)
1976 · 0.25000 AGW
$1,097.20
Canada $100 Olympic gold 22k (1976)
1976 · 0.50000 AGW
$2,194.40
Canada $100 gold 22k (1977–1986)
1977–1986 · 0.50000 AGW
$2,194.40
Questions people ask
How much pure gold is in a Newfoundland $2 gold?
Mint spec is 3.329 grams at 91.67% fine, which is 0.09810 troy oz of pure gold (AGW). Date and mintmark do not change that.
What is a Newfoundland $2 gold worth in melt today?
At gold spot of $4,388.80 per troy oz, one coin’s melt is $430.54. Multiply by how many you have. A rare date or a nice grade can sell for more than melt.
How many Newfoundland $2 golds equal one ounce of gold?
About 10.19 coins equal 1.00 troy oz of pure gold at mint weight.
Does mintmark change the melt value?
No. Mintmark and date do not change the metal for this composition. A Mexico City (Mo) piece and another mint of the same spec have the same melt. Collector premiums still follow date, mint, and grade.
Is melt what I should sell this Newfoundland $2 gold for?
Most common circulated examples trade close to the metal. Better grade, proofs, and scarce dates are the exceptions. If the coin is damaged or heavily worn, melt is a fair starting number. If it looks special, check collector solds before you sell.
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