HC Deb 01 May 1928 vol 216 c1540W

asked the Financial Secretary to the Treasury what have been the profits on recoinage of silver coins for the years 1924, 1925, 1026 and 1927; and whether there has been a loss on the expense of redeeming surplus silver coins?


During the four years in question the net profit arising from the recoinage of silver currency was approximately £1,300,000, and the net cost of redeeming surplus silver currency was approximately £1,900,000.