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An Accompt of the Deficiency of the Coynage Duty.

The Debts of the several Mints upon accompt of the Deficiencies of clipt & other hammered monies & of the Recompences given to Importers are already provided for by the Taxes upon Glass windows & Paper. That which remains to be provided for is by the Deficiency of the coynage Duty upon this extraordinary occasion for defraying the charges of melting refining & coyning, \& paying off/ the Bills of severall workmen, the other incident charges & the {illeg}|s|alaries.

The charge of melting refining & coyning the publick monies is already provided for & so is that of all the private monies imported between the fourth of November 1696 & ye first of Iuly 1697 at ye rate of 5s 4d per ounce & of the Plate imported by the Vndertakers at ye sam{illeg}|e| rate till Novemb. 4th 1697. There remains only a Deficiency upon the coynage Duty for paying the charges of melting refining & coyning the Gold in the Tower the silver lent by his Majty upon the Glass window Act to the Country Mints, the clipt monies Plate & silver Bullion imported since & of the Buildings & other Incidents & the salaries: the accompt of all wch (after the rate of fourteen pence per pound weight for coynage, four pence per pound weight for the second melting, one penny per pound weight for first melting & one penny per pound weight by a meane estimation for refining & reducing the imp{illeg}|o|rted silver to standard) is in the several \Country/ Mints as follows.

In his Majties Mint at Bristoll.

Due for the first melting of 13317lwt. 2oz. 15dwt of clipt monies imported before Nov. 4th 1696 55. 9. 9
Due for first melting of 2597. 11. 10 of wrought Plate imported before Nov. 4th 1696 {illeg}|1|0. 16. 6
Due for first melting of 12782. 0. 15 of hammered monies imported as bullion till the beginning of March last 53. 5. 2
Due for reducing all the aforesaid silver to standd|t| {illeg}|119|. 11. 5.
The standard weight of all the aforesaid silver is 28293. 2. 17. 22. And that of the silver lent by his Majty to this Mint is 993. 1. 10. 12 And for the second melting of ye whole there is due 488. 2. {illeg}|1|
{a}|A|nd for coynage thereof 1708. 7. 5
Due to the Engineer for tools for this Mint 547. 10. 0
Sala{rie}s due for half a year to end at Midsummer 315. 00. 0

Total due

3298. 2. 4
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At his Majts Mint at Exeter

Due for the first melting of 15328lwt. 11oz. 15d of clipt monies imported before Nov. 4, 96. 63. 17. 5
Due for first melting of 3416. 4. {illeg}|2|0 of wrought Plate imported before Nov. 4, 96 14. 4. 7
Due for 1st melting of 1{illeg}|4|010. 0. 0 of old monies imported as bullion till the present time 58. {illeg}|7|. 6
Due for refining & reducing to standard all the aforesaid monies & plate {illeg}|136|. {illeg}|9|. 7.
{t}|T|he standard weight of all the aforesaid silver is clipt monies & plate is 18 {illeg} |714|. 1|0|0. 14. 14|8|. That of the Bullion 13714lwt & that of the Kings silver 992. 3. 12. 0 & for the second melting of the whole there is due 557. {1}|0|. 1
And for the coynage thereof 1949. 10. 6
Due to the Engineer for tools for this Mint 270. 9. 6
Salaries for half a year to end at Midsummer 3{illeg}|15|. 00. 0

Total due

3363. 19. 3



At his Majts Mint at York

Due for the first melting of 3|1|7700lwt. 10oz. 10d of clipt monies before Nov. 4th 1696 73. 15. 1
Due for first melting of 3148. 1. 0 of wrought Plate imported before Nov. 4th 1696 |& 25. {illeg}|1|. 0 afterwards| 13. 4. 5
Due for first melting of 1799|.|2. 2. 10 of hammered moneys imported before ye beginning of last March 7. 9. 6
Due for reducing all the aforesaid silver to standard } 94. 9. 5
The standard weight of all the aforesaid silver is 22190. 4. 0. 10. & the standard weight {illeg}|of| the Kings silver 996. 3. 6. 5 & for ye second melting of the whole there is due 38{illeg}|6|. 8. 10
And for the coynage thereof 1352. 11. 0
Due to the Engineer for tools in this Mint 56{illeg}|7|. 14. 0
Salaries for half a year to end at Midsummer 3{illeg}|15|. 0. 0

Total due

28{illeg}|{4}|0. 12. 8
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In his Majts Mint at Norwich

Due for the 1st melting of 13268lwt. 4oz. 15d of clipt monies imported before 4th Nov. 1|9|6 55. 5. 8
Due for 1st melting of 1970. 6. 19 of wrought Plate imported before Nov 4 1696 8. 4. 3
Due for 2st melting of 1457. 10. 8 of Bullion imported before the beginning of last March } 6. 1. 6
Due for reducing all the aforesaid silver to standard } 69. 11. 4
The standard weight of all the aforesaid silver is 16875. 2. 1. 2 & that the Kings silver 499. 1. 19. 15 & for the second melting of the whole there is due 289. 11. 5
And for the coynage thereof 1013. 10. 0
Due to the Engineer for tools 270. {0}|9|. {illeg}|6|
Salaries for half a year to end at Midsummer } 315. 0. 0

Total due

202{6}|{7}|. 13. 8



In his Majts Mint at Chester

Due for the first melting of 6492lwt. 8oz. 2dwt of clipt monies imported before Nov. 4 1696 27. 1. 1
Due for the first melting of 1970. 6. 19 of wrought Plate imported before Nov. 4 1696 1. 2. 3
Due for the first melting of 7926. 6. 4 of Bullion imported before the beginning of last March 33. 0. 6
Due for reducing all the aforesaid silver to standard 61. 3. 10
The standard weight of ye said silver is 14531. 4. 4. 9 & that of the Kings silver 49{illeg}|8|. 2. 11. 10 for the second me{illeg}|l|ting of both there is due 250. 9. 10
And for the coynage thereof 876. 14. 5
Due to the Engineer for tools 541. 14. 0
Salaries for half a year to Midsummer } 315. 0. 0

Total due

2106. 5. 11
Total due in all the country Mints |1|3606. 13. 10
Paid short to Exeter Mint in Exchequer Bills to clear the four pence per ounce Recompence } 2320. 3. 10
Due in all the Mints to {illeg}|W|orkmen about the buildings } 1000. 0. 0
Due for incident charges of the coynage in all ye Mints 1000. 0. 0
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l
Due in all the Country Mints for melting & coyning the melters supply of ye 1st melting } 100.0.0
Due to the Gentlemen that took in the old money at the seve{illeg}|ra|l Mints at the first beginning about 10000.0
Due for the 4d recompence of 616lwt. 10oz. 2d of Plate at Chester & 234lwt. 2oz. 4d of Plate at Exeter brought in by private Importers before Nov 4th 1697 } 14.3.4
Mem{illeg}d that the debt of ye Engineer for tools for ye Country Mints bei {illeg} |n|g about 2200 be deducted from ye foregoing accompt, the same being recconned in ye accompt of ye Engineer for ye London Mint.

© 2019 The Newton Project

Professor Rob Iliffe
Director, AHRC Newton Papers Project

Scott Mandelbrote,
Fellow & Perne librarian, Peterhouse, Cambridge

Faculty of History, George Street, Oxford, OX1 2RL - newtonproject@history.ox.ac.uk

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