Gaines dollar as mail
A Christchurch company has produced registered firstday covers containing the silver Commonwealth Games dollar and postmarked on the official release date. About 600 of the covers have been sold to a firm in San Clemente, California, for sole distribution in the United States, but only a few will be available in New Zealand.
The Games fund will benefit by 90c on every dollar sold by the Bank of New Zealand, and a further $1 will be paid on each of the special “philatelic-numis-matic” covers sold.
A director of the company (Mr V. J. Wilson) said that most of the dollars would be sold in cases as souvenirs, and only a small number of serious collectors in New Zealand would be interested in the higher-priced covers. There could be no more produced with the official issue date of the coins, so they would be collectors* items. By agreement with the Games organisers, the company has the sole rights to use the official emblem and letterpress on a product of this type, he said.
The Games Organising Committee has had an approach from an Australian bank interested in marketing the coin. The bank has indicated that it might be able to sell 100,000 of the coins.
The Games marketing committee will investigate the proposal.
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Bibliographic details
Press, Volume CXII, Issue 33062, 1 November 1972, Page 16
Word Count
216Gaines dollar as mail Press, Volume CXII, Issue 33062, 1 November 1972, Page 16
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