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SOVEREIGNS STRUCK.

3,500,000 LAST YEAR. LONDON, Dec. 21. The annual report of the deputymaster of the Comptroller of the Royal Mint shows that during the year 1925 k 3&500 sovereigns were struck. It is knaade however, that they were n§|Ot .for internal use. IS. “Our gold reserves,” says the CompCSetumi.to the gold standard, are not to make possible the substitufor notes in circulation.” -fsPl B - he aware, he says, that any Berious desire has been evince! foi. such change. He' points out also that the State has already borne a charge of £1,000,000 for the wear and tear of gold coinage since it undertook the task of replacement as a recognised policy.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19261231.2.120

Bibliographic details

Manawatu Standard, Volume XLVII, Issue 28, 31 December 1926, Page 10

Word Count
112

SOVEREIGNS STRUCK. Manawatu Standard, Volume XLVII, Issue 28, 31 December 1926, Page 10

SOVEREIGNS STRUCK. Manawatu Standard, Volume XLVII, Issue 28, 31 December 1926, Page 10

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