ROYAL MINT IN 1961

Press, Volume CII, Issue 30044, 31 January 1963, Page 5

ROYAL MINT IN 1961

Coins For 25 Countries (8.ZJ , .A,-Rtettv— Copyright) London. Britain made more money in MCI than ever before—and more than three-fifths of it was for other countries. The Royal Mint, which produces toe coinage for 25 other countries as well as Britain, revealed in its annual report for MCI, just published, tost ft had produced CMJCO.OOO ooms that year. Tbte was 127,«0.a)0 more than in the previous record ywr.»». More than M per cent of coins minted were for Commonweal* and foreign countries, jnsredtng Burma, Muscat New Zeeland. Nigeria. Uniguay and The coins were in 77 different *The*tituS’ faded at the Royal Mint is the Chancellor of toe Exchequer. Hie executive head is the mint’s deputy master and comptroller. Mr J. U. James. Mr James, in his annual report for MCI, referred to toe death of one Brfttoh coin and toe approaching den* at another; The farthing (Tie quarter of a penny) went out of circulation neeriy two reus ago. Tt is Italy, to toe not too dfetant future, to be followed by the heif-penny. at which toe "woeful life is nearing an end.** But the mere fact that » coin is no longer legal tender does not affect the public’s affection te it Before toe farthing went out of rireula. tion. there were an estimated far, only CJM.NO hare been I lets, and as a new export faff toe United States."