DEMAND FOR COINAGE
Sovereigns & British Silver SYDNEY VISITOR’S WISH Dominion Special Service. Dunedin, July 13. “I wish had had some sovereigns with me,” writes a Dunedin resident who recently landed in Sydney for a holiday, in referring to the advantage received by visitors from the exchange rate. “I got this morning from the bank £.ll for a £lO cheque on New Zealand.” “A sack or two of sovereigns would show a nice profit here, and so keen is the gold buying business that they rush you with a card as soon as you have cleared the wharf.” One of the cards referred to by the writer of the letter is enclosed and shows the following rates offered for currency:—English silver coin, £l/4/for £1 worth; English sovereigns, £1 12/4; New Zealand £1 notes, £l/2/6; Canadian an 1 American dollar bills, 6/7.
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https://paperspast.natlib.govt.nz/newspapers/DOM19320714.2.96
Bibliographic details
Dominion, Volume 25, Issue 247, 14 July 1932, Page 11
Word Count
140DEMAND FOR COINAGE Dominion, Volume 25, Issue 247, 14 July 1932, Page 11
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