NEW SILVER COINS.
LARGE QUANTITY RECEIVED.
Some of the new silver currency recently minted in the United Kingdom is about to be put into circulation in this country. The Bank of New Zealand has received a first consignment- of the new issue florins, shillings, sixpences and threepenny pieces to the aggregate value of £lO,OOO, and these will soon be in common use. A few of the new coins, no doubt brought by and other persons arriving from Great Britain, are already in circulation. They seem to have been regarded in some cases with suspicion, no doubt- because they differ to some extent in color and still more markedly in “ring” from the. silver coins hitherto in use. It seems likely that some recent reports of allegedly spurious silver coins in circulation -actually refer to coins of the new issue. Until last year British silver coins contained 925 parts in 1000 of fine | silver. The new coins contain 500 parts silver, 400 copper, and 100 part? nickel. ‘ The reduction in the silver content is ' since it is the first that juade since the days of Queen i. Eiwheth
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Taranaki Daily News, 19 May 1921, Page 8
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187NEW SILVER COINS. Taranaki Daily News, 19 May 1921, Page 8
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