HC Deb 14 March 1969 vol 779 cc375-6W
Mr. Roebuck

asked the Minister of Public Building and Works whether he will review the arrangements for selling Prince of Wales Investiture medals and allow them to be sold by post offices to prevent profit being made by private concerns and to ensure distribution on a wider scale.

Mr. Mellish

No. It is likely that by the time the medals are struck in June all will be allocated except the 1¼ inch, bright bronze medals, which will continue to be struck according to demand. These will be on sale from many of our monuments and it is possible for anyone, including retailers, to order their requirements from Spink & Son Ltd.

Mr. Roebuck

asked the Minister of Public Building and Works whether he will state the arrangements he has made to prevent the Prince of Wales Investiture medals from being hoarded against the likelihood of their rising in value.

Mr. Mellish

The allocation of medals has been so arranged that no person or dealer has been allotted sufficient medals to make hoarding worth while.

Mr. Roebuck

asked the Minister of Public Building and Works what arrangements with regard to profits he has made with Spink & Son Limited for the sale of Prince of Wales Investiture medals.

Mr. Mellish

Spink & Son Ltd. is taking a normal commercial profit on the Investiture medals it was originally agreed it would sell. In the case of those medals which were to have been sold at Ministry sites but which, because of demand, have now been allocated by Spinks, the firm has agreed to pay over the total receipts to the Ministry.

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