Transcription

                                                                  313
NEW SOUTH WALES
 

THE MINT.
 

Colonial Secretaries Office,

Sydney May 10 1855.

His Excellency the Governor General is pleased to direct it to be notified for general information, that the Sydney Branch of the Royal Mint will be open on Monday next, the 14th instant, to receive gold bullion for coinage, on the following conditions, to continue in force till Friday, 29th June next :-

1st, - Importations of bullion, in quantity from one thousand ounces upwards, will be admitted daily (Saturdays and holidays excepted), between the hours of 11 a.m. and three o'clock P.M.
2nd   The value of the bullion will be calculated at £3.17.10¾ d. the ounce standard, and determined on the reports of the mint assayers. It will then be converted into coin with all convenient [convenience?]
3rd    Payment for importations will be made in the order of their receipt, subject to a deduction of three fourths per cent. as a merit charge.
4th    The mint will also issue, if required, gold bullion, ingots, or bars, at £3.17.10¾ d.the ounce standard.
2. The advantage anticipated from the introduction of a branch of the Royal Mint in Sydney, is the facility such an establishment will
offer for the conversion of standard gold bullion, & of bullion, the produce of Australian Colonies, into the legal coin or tender for payment, to this end every assistance will be given. The Sydney Mint is not open for melting and & refining plate and jewellery or bullion which has been previously wrought, or for converting such into coin. Any importation therefore which after being melted & assayed at the Mint, shall appear to the deputy Master to have been brought to a state difficult or expensive to restore to Standard purity will be returned to the importers, subject to a charge of three fourths per cent. on the Value reckoned at £3.17.10½ [?] the standard ounce.
3. Further particulars can be obtained on application only until the 29th June, after which a different scale of charges (to be hereafter notified) will be in force.
 
THE MINT    JUNE 2nd 1855

 

The operations of the Sydney Branch of the Royal Mint are now in active progress The quantity of gold dust received for coinage since the opening of the establishment, on the 14th ultimo [?], until to day is 16,833 ounces.  During the week ending to day the quantity received was 4154 ounces. The process of coinage is progressing rapidly, and Australian Sovereigns & half Sovereigns may be expected to be in circulation within the next fortnight.

 

 

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