The Archive · 1924

RUSSIA'S COINAGE REQUIREMENTS

Contract with British Mint for Manufacture of Ferty Million Half-roubles London, June 22.

In consequence of the inability of the Leningrad mint to meet sufficiently quickly the coinage requirements for trade uses, the Soviet Government has contracted with the Royal Mint for the coining of 40,000,000 half-rouble pieces, called poltinniks. They consist of nine parts of silver and one of copper and their value is about one shilling. The Soviet Trade Delegation in London will supply the necessary silver, all of which already been quietly secured. Coi age will begin at the end of June and delivery will be effected within four months, 'The Leningrad mint also manufacturing silver roubles, silver poltinniks, silver 20, 15 and 10 kapok pieces and also' smaller denomination copper-coins.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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