THE NEW COINAGE.
Wu have been &toured with a sight of the first piece of the new series of coins of the reign of King Wautir the Fourth, of which the sove- reign is the only one completed. On the obverse is a medallion profile of the King, engraved from Mr. CRABTREE'S bust : it is a graceful and ex- cellent likeness of hie\ Majesty ; the features are well defined, and the outline is very skilfully relieved from the ground, so as to present a bold and medal-like appearanee, while the surface is in reality no more than level with the edge of the ri:n, which, by its projection, protects the coin from undue wear in the circdation. The reverse is similar to the pre- sent coin. The dies are engrav;ed by Mr. WxoN, Chief Engraver to his Majesty's Mint; and they reflect great credit on his skill and taste.
It is intended to complete the whole series of coins from the gold five and two-pound pieces to the half and quarter farthings, the latter being only for Colonial circulation. The sovereigns of the new coinage will be issued to the Bank next week, and the _remainder of the series will shortly be ready for distribution to the members of the Government and the privileged few ; though it is not likely that they will be issued to the public at present.
The Maunday money is in great forwardness, and will be ready for distribution on Maunday Thursday.
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