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Since it is in everyone's interests for the Mint engravers to be kept in practice, recommends they should be permitted to produce and sell privately gold and silver medals unrelated to state affairs. Further suggests that the master be authorised, subject to the approval of the warden and comptroller, to commission medals 'wth plain historical designs & inscriptions in memory of great actions'.
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[A royal warrant was issued accordingly on 2 November 1706: PRO, Mint 1/8, pp. 60-61.]