The result of issuing a Jubilee coinage says the (Court Journal) has been to lay up, in cabinets, drawers, and what not, something like half a million of gold. Who has ever seen a £5 tendered in payment? Yet the mint issued a quarter of a million pounds, worth of £5 pieces. The coinage of £2 pieces amounted to the value of nearly £200,000. Who has seen one paid over a counter! Sovereigns and half sovereigns will also be hoarded because they were coined in the Jubilee year, so that when we say that half a million’s worth of gold has been put uselessly by during the last twelve months we an probably wall within the truth.
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Gisborne Standard and Cook County Gazette, Volume II, Issue 186, 23 August 1888, Page 3
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117Untitled Gisborne Standard and Cook County Gazette, Volume II, Issue 186, 23 August 1888, Page 3
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