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General

gold coin

What does gold coin mean?

A one- or two-dollar coin; 'gold coin donation' is a common entry fee at Kiwi events.

"Entry's a gold coin donation at the door."

Origin

New Zealand and Australian term reflecting the gold colour of $1 and $2 coins.

Frequently asked questions

What is a gold coin donation?
It's a request to pay a $1 or $2 coin as entry or contribution, so named because those coins are gold-coloured in New Zealand and Australia. It lets people give without a fixed price.
Which coins count as gold coins?
In New Zealand the $1 and $2 coins, and in Australia the $1 and $2 coins, are the gold-coloured ones referred to.
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Slang definitions: FreeDict original editorial.