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Fourpenny pieces are disappearing. The Association of English Country Bankers recommend that all coins of this denomination -coming into the hands of bankers should be withdrawn by them from circulation and sent ■to the Bank of England. The Mint has •ceased to issue these coins, and the Bank of England receives them, no matter how worn, at their full nominal value. Those withdrawn in 1881 represented £4OOO. ' The similarity: to the threepenny pit ce renders the fonrpenty -coin undesirable,'and the sooner it becomes' ■obsolete the better. None have been minted since 1858. “ The principal sufferers are the -churches, which, through the - supplanting of the coin of larger value by the threepenny piece, have lost about 25 per cent, of their -offertory collections.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18820923.2.15

Bibliographic details

New Zealand Times, Volume XXXIX, Issue 6688, 23 September 1882, Page 3

Word Count
122

Untitled New Zealand Times, Volume XXXIX, Issue 6688, 23 September 1882, Page 3

Untitled New Zealand Times, Volume XXXIX, Issue 6688, 23 September 1882, Page 3

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