Nickel Coinage.

Part of Oral Answers to Questions — Ireland. – in the House of Commons on 13th July 1922.

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Photo of Mr John Baird Mr John Baird , Rugby

The saving on the introduction of copper coins of smaller size or of nickel coins would depend in the first place on whether the existing coins were withdrawn (which would be expensive), and in the second place on the future demand for new subsidiary coin, of which it is impossible for form a reliable estimate at the present time. For the moment no new pennies or halfpennies are being coined at all. I am not aware of any general demand for a change such as suggested, and there would be considerable opposition from many quarters where a change would cause serious inconvenience, e.g., owners and users of penny in the slot machines.