California State University, Northridge

For this great coinage the bank (in consequence of the worn and degraded state into which the coin had fallen a few years ago) was frequently obliged to purchase gold bullion at the high price of four pounds an ounce, which it soon after issued in coin at 3 l. 17 s. 10 1/2 d. an ounce, losing in this manner between two and a half and three per ... ................
................