SMALL COIN FAMINE
PENCE AND THREEPENCES. Despite the appeal of the banks that the public will bring in its small change and get .“the equivalent value in higher denominations,” the famine in small coins throughout. the Dominion continues 'with little abatement. The public is either indifferent to the difficulties of the banks, or else it wants its change for itself. “There must be great quantities of pennies, threepences and sixpences lying unregarded in small shops in the city-,” said a bank official to the “Star” to-day. “These could easily be restored to circulation, Another thing is that people are apt to hoard small coins. Nevertheless ‘it would greatly convenience business and facilitate the banks if everyone handed in the. superfluous small change he has in hand.”
The Bank of New Zealand has on order large quantities of small silver coin, but so far these have not been sent from England. It is presumed that the Mint there, in consequence of the enhanced price of silver, is coining less “token money” than formerly. ‘fdhristmas trade will be injured unless hoarded small coins are released into circulation.” the “Star” representative was emphatically told.
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Greymouth Evening Star, 10 November 1920, Page 3
Word Count
191SMALL COIN FAMINE Greymouth Evening Star, 10 November 1920, Page 3
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