2005 Canadian $300 Achievements: Newfoundland Time (8:30) 14-karat Gold Coin
 
Features
- Mintage of 1,200 coins worldwide.
- Unique laser enhancement.
- Each coin features 1 of 6 on six time zones in Canada as they would have been on January 1st, 1885.
A little over a century ago, before the network of railways covered the continent, life held a very local focus. People tracked time using the clock in the church, the town hall or the jeweller's window. And these clocks were set according to the sun's noontime high.
 
But the sun travelled across the sky at about 10 km (6 miles) per minute, so its position would differ slightly from one town to the next - about 1 minute for every 18 km (11 miles) distance east-west. When the railway began to transport people from here to there, confusion was the result. With everyone on a slightly different time, connections were missed and, in some cases, trains collided.
Sir Sandford Fleming, chief engineer for the Canadian Pacific Railway, knew that a standard system of time was essential if the railway was to succeed. Using astronomical measurements made at the Greenwich Observatory, Fleming proposed that the world be divided into 24 time zones. Starting at the Greenwich Meridian (0' longitude), each time zone would equal 15' longitude, or one hour. All who attended Fleming's conference agreed - and his system of standard time was implemented internationally on January 1, 1885.
 
Packaging
2005 Canadian $300 Achievements: Newfoundland Time (8:30) 14-karat Gold Coin comes encapsulated and presented in maroon display case with an insert which houses the coin, black beauty box and Certificate of Authenticity.