HC Deb 20 July 1967 vol 750 c308W
61. Sir G. Sinclair

asked the Chancellor of the Exchequer what guidance in respect of price he will give to members of the public who are required to hand in Queen Elizabeth II gold sovereigns under Statutory Instrument, 1966, No. 438.

Mr. Diamond

Members of the public holding post-1837 gold coins without permission must offer them for sale at a price not exceeding the current London market price. The actual price to be obtained for any given coin will depend upon a number of factors, including the state of the market and the condition of the coin. Advice should be sought from a bank or from a recognised coin dealer who has authority to deal in post-1837 gold coins.

Dame Irene Ward

asked the Chancellor of the Exchequer whether he will seek to arrange for members of the London Gold Market to make a return to his Department of the number of United Kingdom sovereigns sold to them each month by members of the public.

Mr. MacDermot

No. Members of the London Gold Market already make comprehensive returns of their gold transactions each month.