Transcription

316 
NEW SOUTH WALES

6.  The Mint will be prepared to afford accomodation, [accommodation] to a limited extent, to parties requiring early payment for their bullion, at an advance of one fourth percent, on the above charges.  Payment in such cases will be made within two days of delivery at the Mint.

II. - The following description of bullion are not admissible within the Mint, viz: - Articles of plate, Jewellery, or wrought gold (coins excepted); bullion containing Mercury or metals foreign to the gold producing districts of Australasia, and destructive to the malleability of bullion; bullion that has been tampered in any way.
III.  Bullion which can be recognized before melting as objectionable on the above grounds, will not be received; but should any after melting prove unfit for coinage for the reasons enumerated, it will be returned to the importer, subject to a charge of six pence pre ounce on the gross weight of the importation.
 
THE MINT FEBRUARY 16th 1856.

The gold coin issued from the Sydney Branch of the Royal Mint during the week ending yesterday, was 110,000 Sovereigns; being an increase on the previous week of 30,000 Sovereigns. The amount of gold dust imported into the establishment during the same period, was 4880 ounces.
 
SYDNEY. FEBRUARY 20th 1856 

RECEPTION OF THE SYDNEY SOVEREIGNS IN ENGLAND
 
Letters have been received by the last mail acknowledging the arrival in London of the first shipment of Sovereigns the coinage of the Sydney Mint.  It is satisfactory to know that the remittances have been credited at Sterling value. The intrusive worth of the sovereign has obtained for them a ready reception; some have no doubt found their way as bullion into the Bank cellars, while others have been recovered at the Royal Mint. Although the specific value of our coinage was soon after its issue satisfactorily tested by competent assayers, its admission into the Bank of England on an equality with Imperial coinage is of some importance to the Colony, as establishing its commercial value. The issue of the Sydney Mint is not likely to get into [indecipherable] in England. It will always be taken by Bullion bookers [?] in England & on the Continent & may be preferred to the Imperial Coinage, on account of the proportion of silver they contain the alloy of the Imperial being Copper. Our Merchants will now be enabled to remit by means of our own Coinage whenever the course of exchange is against this Colony.

 

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