Draft of MINT00152 (Mint 19/3/2-3)

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<112r>

An Account of the money coyned in Scotland since the Restauration of K. Cha. II.

The main bulk of ye money

After ye Restauration while my Ld Hatton ye Duke of Lauderdales brother {illeg}be{illeg}ing General of ye Mint in Scotland {illeg} cause the sco

The Scots in ye reign of {illeg}the {illeg} years three or four last Kings have coyned their silver monies of the same allay wth ye English vizt their silver moneys 11 ounces 2dwt fine silver & 18dwt allay, [but in the reign of K. Cha. II the money being my Ld Hatt{illeg}on the D. of Lauderdales brother being General of {illeg} their Mint cause the money] And as ye English coyn their for wch end they have {illeg} indented trial pieces of gold & silver made in Englandhere at ye same time & of of the same allaypiece wth those made for ye English mint. And {illeg}as the English coyn a pound T oOunce Troy as sorts ofis divided into sixty two pence whereof 60 make or crowns so the EnglishScotch oOunce Troy is divided into {illeg} sixty two parts whereof 56 make their 60 shillings piece, their money being made lighter by 4s in 60 to Their {illeg}sixty shillings scotch are to ana Scotch Ounce Troy scotch & their pound Troy is less then ye English pound Troy by 4 fou{illeg}r penny weight & 9 grains. Whence of ye English pounds. Whence Sixty shi Scotch shillings ought to weigh 425gr or 17dwt 17gr of ye English pound Troy. Our pound Troy is great then Their standard{illeg} Troy weights {illeg}by wch they coyne are also by {illeg} made at our Mint at ye same time with ours & by {illeg} by common consent of both Mints, & our pound Troy is isbeing greater theirn theirs by 4 {illeg}penny {illeg}weight 9gr. And as we divide our pound Troy into 62 parts wch are our shillings & our ounce sixty into sixty two parts wch are our pence so they divide their ounce into sixty shillings two parts wch are their shillings excepting that out of {illeg} that to prevent ye melting down of their money they coyn make their 60 shillings pieces lighter by four of those parts,money lighter by 4 shillings in sixty {illeg}(as i am readily informed.) so that their sixty shillingsthat sixty shillings of their {illeg} money is to their ounce Troy as 56 to 62 or 28 to 31, & by consequence ought to weight 425gr or 17dwt 17gr of our pound Troy, as I find by experie{illeg}nce{illeg} th{illeg}ey be & to be worth {illeg}5435 {illeg}English pence & {illeg} 0 parts of a penny. The experiments are{illeg} we have made of their weight {illeg}& fineness of their money are as follows

Pieces Coyned in ye reig{illeg}n of K. Cha. II Reign Date Weight Fineness Value
1 {illeg}A half mark piece of K. Charles IICh {sic} Cha. II 1665 42gr wors iiijdwt12 5d14
2 Cha II 86 wors vij 10d34
A two Mark piece
4 Another Mark piece of Cha II 1675 102 wors ij 13
3 A two mark piece o {sic} Cha II 1673 175 wors vij 2178
5. A three pound piece o {sic} Cha II 1681 416 wors iiij 52d34 4. 434
6 Another thre {sic} pound piece Cha II 1682 425 not assaydwors iij {illeg}54d. 016 4. 616
Another thre {sic} pound piece
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Pieces coyned In the reigns of K. Iames & K William

Year weight Fineness Value
A three pound piece 16{illeg}91 16425gr standard 4s. 6d 34 18 910
A forty shillings piece 1687 284 not assayd
Another 1688 283 sta 3. 012
Another 1689 284 sta 3. 023
Another 1695 284 sta 3. 023
Another 1695 2843 wors iij 3. 0
An other 1696 284 sta 3. 023
Another 1696 2853 wors ij 3. 01516
A twenty shil. piece 1695 142 sta 1. 613
Another 1695 142 sta 1. 613
Another 1696 142 sta 1. 613
A tenn shill piece 1687 71 sta 0. 916
Another 71 sta 0. 916
Another 1695 7112 not assayd
Another 1695 7{illeg}2 sta 0. 0{illeg} 16
Another 1695 68 sta 0. 879 = 0. 834
A fi{illeg}ve shill. piece 35 wors i 0. 412 {illeg}

The half mark, the two mark & ye half marke pieces coynedcoynedcoyned in ye reign of K Charles ye II {illeg}are ill coyned coyned of an ill shape bad work & considerably coarser & lighter lighter then stand{illeg}ard. {sic} for wch reason they have been since called inwere called in neare the end of that reign & are no {illeg}longer currant in Scotland.

The sixty, 40, 20, 10 & five shillings pieces coyned since are better shill coynedmoney in every respect, {illeg} & make up ye bulk of ye money wch now comes out of Scotland into England. Those coyned in ye reigns of King Iames & King William are very well sized & standarded except that some few pieces are ij or iijdwt worse then standardthe ten shillings piece. {sic}. The {illeg} valueation of their p{illeg} money in {illeg} is to reccon {illeg}ed may be may be wors in the nearest round numbers {illeg} by recconning their 10s piece worth {illeg} nine pence of our money & their 5s piece worth 412d & so proportionally their 20, 40 & 60 shilling-pieces worth 1s 6d, 3s. 0d, & 4s 6d. of {illeg} money {illeg} the if all their money were iijdwt ob wors then standard this recconning would be sufficiently < insertion from f 113r > ✱ At which rate their mark pieces (when ever they shall coyn any more of them) ought to pass for shillings & their half mark pieces for sixpences. These are round ways of recconnings may fit for use.

In recconing exactly, their 10s piece is worth 9d & about ye 7tht of a penny of our money, yet considering < text from f 112v resumes > In recconning exactly their ten-shillings-piece is exact worth 9 pence & about ye seventh part of a penny of our money, yet considering that some pieces of their money are coyned ijdwt or iiijdwt & iiij dwt wors then standard & some of them have been found better then standard & that by continuall wearing they their money grows dalyly lighter & lighter & cannot be recoyned here wthout loss & that no country {illeg}receives the money of another country unless at an under-ratevalue, it see may seem a rea{illeg}sonable enough that {illeg}their 10s pieces should not pass in England for more yn nine penc{illeg}es: For were{illeg}were all their money {illeg}iijdwt ob worse then standard their {illeg}either worse yn standard by iiij dwt or lighter then standard by a grain in every {illeg}eight shillings piecesix penceof {illeg}of their money: th{illeg}eir ten shillings piece of their money would not not be worth but nine pence. of {illeg}

If their 10s pieces should pass for 9d, pences their mark pieces (when <113r> ever they shall coyn any more of them) ought to ought would (after the same rate) to pass for shillings & their half mark pieces for sixpences & this is also a very round way of recconning very fit for use.

<113v>

these

An Account of ye weight & valuefineness of ye