359,000 Pennies Disappear
New Guinea Mints Another Supply
New Guinea, last year, issued ** its own coinage, it put into circula tion 2.552.000 shillings. 101,400 sixpences, 110.000 threepences and 359,520 pennies— a total face value of over £130.000.
In a short time, all the pennies dis appeared. They had a special value, be cause they were one of the few coins issued which carried a reference to “King Edward VIII,” and they have been either sold to collectors or are “salted away.”
New Guinea is now minting a new supply of pennies, which will refer to “King George VI.”
