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ISSUE OF NEW COINS

Received Friday, 8.30 p.m. LONDON, Jan. 3. « The Bank of England yestetday begalt the issue of new cupro-nickeJ coins whieh are to replaCe ths present Silver eoilis but only limited quantities wero1 issiied and fox' a long tinie bo'tli types of cciin will circulate side by side. There is about £120,000,000 iii silver coin in the countr.y, the Times's eitv editor points out, ahd its witltdrawal ntav well take 20 years. The iiew are a little darker in colour afld slightly thickef but in design ailcl Weight they are identical with the silver oSes. The Royal Mint ceased striking silver in the early autumn, sinee wheii it has been biiilding up stocks of the new cupi'O- , uickel coins— all dated 1947. • •* ' ) " t - ' 4 -

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19470104.2.42

Bibliographic details

Chronicle (Levin), 4 January 1947, Page 8

Word Count
127

ISSUE OF NEW COINS Chronicle (Levin), 4 January 1947, Page 8

ISSUE OF NEW COINS Chronicle (Levin), 4 January 1947, Page 8

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