GOLD COINS MADE AT THE BRANCH MINT, SYDNEY.

Southland Times, Issue 559, 12 September 1866, Page 3

GOLD COINS MADE AT THE BRANCH MINT, SYDNEY.

The proclamation by which the Sydney sovereign is made a legal tender within the . United Kingdom, was published some months back in the " Mail," but the privileges conferred thereby could only come into operation after the publication of rules in accordance with the decree of the Privy Council. These regulations have been framed by the executive, and were pub-, lished in a supplement to Tuesday's Gazette. The Sydney sovereign is now therefore, a lesral tender in the Unite* Kingdom. j The following are the regulation issued : — / " The Treasury, jS"ew South "Wales 14th August, 1866. <•' "Regulations for the receipt of (old for Coinage at the Sydney "Branch ofthe Royal Mint. " His Excellency the Governor/with the advice of the Executive Counc^ has been pleased to frame and adopt te following regulations for the receiic and coinage of gold at the Sydney Ifrnch of the Eoyal Mint,— such regulars to take effect from the publication hereof, except as to gold already impoted into the Mint, in respect to which th- charges in force before such publication shall be payable. "1. Importations of gold-dut or gold bullion for coinage, from twe^e ounces upwards, will be receivable a*' the Mint daily (Saturdiys and holiday? excepted), between the hours of 11 a.mand 3 p.m. "2. In addition to the charge . of threepence per ounce inipsed by her Majesty's Proclamation cfohe 3rd February, 1866, on the eoina** of gold, there shall be paid for meltiEj, assaying, and refiniug, the following clirges, viz : — ' : (1.) On undivided p;rcels containing not less than one housand ounces standard (to b melted and assayed in one lot, at the rate of threepence per omce (standard). ;! (2.) On parcels eontining less than one thousand ounes standard, at the rate of fivepnce per ounce (standard). "3. The value of the bullion will be determined on the repets of the Mint assayers. "4. The gold will b( melted, if preferred, in the presence of the importer. The importer will also be furnished, on demand, with a clip foi assay, from his own ingot, as a checkon the reports of the mint assayers. "5. The JVlint will be prepared to afford accommodation, to a limited extent, to parties requiring payment for their bullion, at an acVance of twopence per ounce standard or the above charges. Payment in such cass will be made as follows, viz. : — Gold received up co "Wednesday evening in each yeek will be payable on the following Tuesday. Gold received afttr Wednesday will be payable on the following Tuesday week, Gold left for deferred payment will te payable four weeks after the date when ear'y payment would have been due. "6. The following descriptions of bullion are not admissible within the Mint, viz. : — Articles of plate, jewellery, or wrought gold (coins excepted) ; bullion staining mercury, or metals foreign to gold producing districts of Austraand destructive to the mallabiliiy ! . • bullion; bullion that has been ■•-:,•■ with in any way. 7 ;j; .; !on which can be recognized be. < -c; ; r -g, as objectionable on the abov .:• i -^ not be received; but should;'; 'i'M! melting, prove unfit for coinage, !••:• the reasons enumerated, it will be retii- nod if., the importer, subject to a c aarge of ivpenoe per ounce on the gross weight. "8. A reduction ca 'he above Mint charges, to the amo: : ':a ;.f threepence per ounce standard, will ho made in respect to gold, the produce u'i ar;\- other country, imported to the Mint, i r early payment, under the eouditk-ns in the second, clause of the Act. :G Vie No. 5, granting a duty on gold. " GeOEFBEY EaG £2 . ' ' —Sydney Mail, 18th August.