46. Earl of Dalkeithasked the Chancellor of the Exchequer how many 50p coins were reported to him as being in the hands of banks on 1st January 1970; and what percentage this represents of the total now in circulation.
§ Mr. William RodgersAt the close of business on 31st December 1969 the banks held 64 million 50p coins representing 38 per cent. of the total now issued by the Royal Mint.