G.F. 323
CONFIDENTIAL ##
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CONTENTS
Chapter
Paragraph
Page
I
INTRODUCTION
1
5
Appointment of the Committee
1
1
Membership
2
3
1
Co-opted Members
Background to the Committee's
appointment
The Committee's approach and
procedure
Legislation
Acknowledgements
4
2
5
I
11
પ
2
12 16
3
17
gy
19
4
20
5
II
THE PRESENT COINAGE
The present coinage
Criticisms of the present coinage
6-7
21
6
22 - 26
7
III
PROPOSALS FOR CHANGE
8
26
The ideal sequence of denominations
27
G
30
8
Choice of denominations
31
J
40
10
Choice of size and shape
41
54
15
Choice of metals
55 - 57
22
Weights and edge thicknesses
58
60
24
Designs
61
64
25
Summary of coinage proposals
55
25
Banknotes
66
26
IV
THE CHANGEOVER
27
30
Broad time-table
67
27
Withdrawal and storage of coins
68
71
27
Coin-operated machines
72
73
28
Compensation
74
29
Legislation
75
29
V
VI
THE COST
31-37
Minting of coins
76
31
Initial ordering quantities
77
79
31
Proof sets
8+
32
Cost of converting coin-operated
machines
81 82
33
Coinage costs
83
90
33
SUMMARY OF CONCLUSIONS AND RECOMMENDATIONS
CONFIDENTIAL
38 - 40
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