CUPRO-NICKEL COINS TO REPLACE SILVER
WELLINGTON, ...Tlie minting of new cupro-nickel 'foins to. replace "silver" coins at preseut -cifculating -'in . fche .Dominion. haSiVbfeeh said "the Miiiikte'r Sff Fjiiaiifeey'Mf, N(g$'h, tonight. He .'said the reason foF tiie chahge'Wtt^t1mTsitrce: 1D39 the priee 'ot pure silver had almost doubled so that to maintain our token coinage on its
--g, . ' ■" . a." ■ ■ f! 8 • Hi 'pri)s^nf| )bt(si^4A6ilfd involve consider^' able addit'ioual expense. The;. new cupro-nickel coins, which will be oi' the. ._ saine . dinteiisipnflj \y'jeight , ";^nd . will cbnt^st df^'75 per (iefit. ' coppe'r, " peii ceut. nickel and. are considered tc be aestlietically aud praeticallv just as attractive as the present coins which
- — * j) } ' -V| •' e'dnsist of 50 per cent. silver. Mr. Nash said tlie new standard had already been adopted :in- 4.he Iliuted Kingdom.. It w%,ai6'b; propose.cl . td\re^M:cu'/the, .wi^ple iht t^d^xistinpcirCui^b'n' iiilm^iatej^ but only as supplies were received fro'rn' the Royal Mint. The first consignment of new coins was expected to be issued towards the enjl of this year.
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Bibliographic details
Chronicle (Levin), 24 July 1947, Page 6
Word Count
162CUPRO-NICKEL COINS TO REPLACE SILVER Chronicle (Levin), 24 July 1947, Page 6
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