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Decimal Coinage

Sir.—l cannot agree with "W.WS.” in his commendation of the proposed currency reform in South Africa. While we are all agreed on the need for decimalisation. the attempt to mate a new system with our present one. merely to retain the existing coins, can only cause greater confusion than ever. Imagine the plight of elderly folk (and many not so elderly) whose three-penny piece has become a 2lc piece, which is still worth threepence, because there are still lour to a shilling! But it is not so difficult to get used to a completely new system with new coins, as any j traveller knows. Therefore, let us take the opportunity,' when changing to decimals, to mint some smaller coins. 1 would suggest the 100-pence-to-the-dollar (8s 4d) system, with coins of 1, 5. 10. and 25 pence or cents. For the size of the coins we have an excellent pattern in the American coinage.—Yours, etc.. BRITANNICUS. June 23. 1959.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19590624.2.42.5

Bibliographic details

Press, Volume XCVIII, Issue 28929, 24 June 1959, Page 8

Word Count
160

Decimal Coinage Press, Volume XCVIII, Issue 28929, 24 June 1959, Page 8

Decimal Coinage Press, Volume XCVIII, Issue 28929, 24 June 1959, Page 8