OUTPUT OF BRITISH MINT.

King Country Chronicle, Volume VII, Issue 526, 14 December 1912, Page 3

OUTPUT OF BRITISH MINT.

The coinage at the British Mint during the year 1911 amounted to over 146 million pieces, of a currency value of nearly 36 million pounds sterling. The issue vi gold coin amounted to over 33 million pounds, an increase of nearly eight million pounds over 1910, and more than two and a half times the average of the previous ten years. Gold bullion, upwards of five and a half million ounces, ot a value of over 11£ millions sterling, was imported into the Mint for coinage, during the year, and the light gold coin received for rocoinage of a weight of just over half a million ounces, had a value of slightly over two and a third millions sterling. The sovereigns coined during the year numbered upwards of 30 millions, arid the half-sover-eigns coined totalled upwards of six millions. At the end of the year banks in the United Kingdom held gold coinage of a value of 54 millions sterling. Silver coinage of a currency value o* two and a half millions sterling was issued during the year, the numbers of the various coins issued in round figures being: Half-crowns, two and a half millions; florins,_ six and three-quarter millions: shillings, twenty millions; sixpences, ten millions; threepenny pieces, four and three-quarter millions. For coinage six and a third million ounces of silver bullion were purchased, at a cost of £650,u00, the issue value being £17,500,00. The issue of bronze coin had a value of £140,00U, the various pieces coined being:— Pennies, 25,860,000, weighing 240 A tons; half-pennies, 12,842,000, weighing 71 3-5 tons; farthings, 5,596,800, weighing 15J tons. A summary return of the coinage of the world shows that the value of the British coinage was 482 millions sterling, out uf a world value of 95g millinnq ■ ; :■-■>■■ ■ '■ '•'■'■" " ' '