EXPORTING COINS

Waipa Post, Volume 43, Issue 3391, 22 December 1931, Page 8

EXPORTING COINS

SHIPPED TO ENGLAND: UiAhaong the general cargoes of ships -Which; have lately ’been arriving in Britain ' from Australia have beep, packages of silver arid copper cdiris. iSoxrietiines the corisigriments , have beeriof considerable value, says The Times, Apparently these shipments have,; been made as cheap -means of paying debts in this- country, since .whereas there is still a heavy discount on the Australian pound, the coinage is, brought at a freight rate representing only 15 per cent of the value;-'and there is rio loss on exchange. Many passengers from both Australia and New Zealand are believed lately to have brought considerable, quantitieg of coinage with them which, presume "abty, had been Collected with iri anticipation of the visits. One of the most curious recent examples of this movement was the case of a passenger - returning ;to .‘ the Commonwealth who paid in London his passage 'money, amounting to about. £6O, in" copper coins he had brought from Australia. These coins were packed iri four . bags, each containing coppers' t 6;, thevValue of. £15.. With the exception of .Australian copper coins to the value of a few shillings which were discovered when the coins were counted’ before'-being? dispatched to the banks, all the copper coins were