NEW COIN.
In the year 1873 there wore coined at the Mint 2,382,332 sovereigns and 2,003,164 half sovereigns, 5,965,740 florins, 6,486,480 shillings, 4,395,600 sixpences, 4158 fourpences, 4,059,528 threepences, 4752 twoponecs, 7020 silver pence ; and of bronze, 8,494,080 pence, 3.584.000 half-pence, and 3,225,600 farthings. The pieces of money coined, therefore, exceeded 45,000,000 in number, and would pass for sums amounting to £4,500,000 sterling. The demand upon the Mint for gold coin, which had been excessive in the two previous years, was sufficiently supplied and ceased in 1873. The demand for silver continued unabated, and the demand for bronze coin continued to bo excessive. In the course of the year the Mint received from the Bank of England light, gold amounting to £950,075 for recoinago, and a large amount of worn silver coin was withdrawn from circulation. The Sydney branch of the Mint coined and issued 1,478,000 sovereigns in 1873, and the Melbourne branch 752.000 sovereigns and 165,000 half-sovereigns.
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Bibliographic details
New Zealand Times, Volume XXIX, Issue 4233, 14 October 1874, Page 3
Word Count
157NEW COIN. New Zealand Times, Volume XXIX, Issue 4233, 14 October 1874, Page 3
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