KING EDWARD COINS.

Taranaki Daily News, Volume XXXXIII, Issue 53, 22 March 1901, Page 4

KING EDWARD COINS.

It will be a very long tun..-, seme years jrobably, before Victorian coin dh- £ om cir ■ umti'm and King Edw&rd coias are uciverail. This ia a matter upon which there is a great amount cf pnblic misunderstanding. ADiiiy M&ii representative elicited as definite a statement »a was possible from the Mint authorities. " A good many people seem to think." said Mr. M-xtthaws, the chief clerk and regiiti-.«, "that Yictorkn c< ios will be called in, and that, tso, at early dato. Snch a taitg is practically impossible In the fiist place, it may be some li-it!e time before any King Edward! coins are at all minted. Before aay j atepi whatever are taken in tfeU direction, a proclamation will have to be wined by Hia Msjtsty the King, the derignß for the new money will have to be submitted and approved. and after than the dies will have to be ■oade. When the new coinage commences there can be no complete change all at once The new money *ill slowly and gradually take the place of the old, just as new money replaces other at the present time. The enormous circulation of Victorian coinage has to be taken in o oonddaration, and it makes it impossible to call it in till it is more or leu exhausted. The coins of Her late Msjeaty'a 'oyal predecessors were still good money and in free circulation when her reign had procerded some time, and only when they were becoming rare and most of them had been disposed of was an Act of Parliament passed calling in th* pre-Victorian money. Such a course ia most likely t > be followed in the present ioßtance. Ia the meantime it is curious to note that Mint, to its considerable annoyance, is receiving eboils of letters from all sorts and conditions of correspond nts making various enqoi iea as to ' what is going to be done and whm.'"