HC Deb 18 April 1972 vol 835 cc46-7W
30. Mr. Sydney Chapman

asked the Chancellor of the Exchequer what is the cost of minting, including metal content, 50 2p pieces; and what is the estimated cost of minting, including metal content, 40 old sixpenny pieces.

Mr. Higgins

At current metal prices, the approximate costs are 33p for the 2p coins and 16p for the 2½p coins.

Mr. Lamond

asked the Chancellor of the Exchequer if he will give consideration to methods of improving the image of the existing small ½p coin by replacing it with a new coin, similar to the former 3d. nickel coin.

Mr. Nott

No. The existing ½p coin has practical advantages which would be lost if the specification were changed.