Recommend accepting Henry Hines' tender to supply copper

Author: Isaac Newton

Source: MINT 19/2/443, National Archives, Kew, Richmond, Surrey, UK

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- Revision History
  - 1 January 2001
    - Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young
  - 29 September 2011
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  - 30 August 2016
    - Transcribed by Will Scott
  - 23 September 2016
    - Will Scott finished transcription
  - 13 May 2017
    - Minor amendments made by Will Scott
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Related Texts
- This document is a reply to:
  Copy of note requesting Newton hasten with report upon the proposals for coining farthings and half pence [T 27/22.213]
  Covering letter forwarding the following tenders [MINT 19/2/366]

<443r>

Mint Office Aug. 3. 1717.

To the R^t Hon^ble the Lords Comm^rs of his Ma^ts Treãry.

May it please yo^r Lord^ps

In obedience to yo^r Lord^ps Order of Reference on the Proposals for importing barrs of fine copper into his Maj^ts Mint for coyning copper money out of them, We humbly represent that upon giving the Proposers a meeting, We find that the Mint may be supplied with such barrs at nineteen pence per pound weight Averdupois or a little under, taking bac back the scissel at the same price but scarce under eighteen pence. The Master & Worker is willing to undertake the coynage out of such barrs at three pence farthing per pound weight & to defray all incident charges of assaying weighing coynage & putting off after a Mint is set up. And so a pound weight of Copper with the coinage will cost about 21 $\frac{1}{4}$ ^d or 22 $\frac{1}{4}$ & may be cut into 23 or 24^d pence to answer all other charges. If there be a {illeg}|K|ing's Clerk, he & the Auditor of this Mint may be paid what your Lord^ps shall order out of the profits of the coinage. The Master & Worker proposes to pay half the price of the Copper upon the importation thereof.

When by publick notice we gave the Proposers a meeting some of them upon hearing how the copper was to be sized & assayed, withdrew. M^r Neale & Partners were in the country & are not yet returned to town. M^r Essington demanded 19^d per pound weight for the best copper & 18^d for a coarser sort. M^r Iones demanded 18 $\frac{1}{2}$ ^d for the best copper. M^r Hind demanded {illeg}|18|^d. The copper he shewed us was very good & bore the Essay {sic}, & this morning he has delivered in some b|B|arrs to be further examined. We are best satisfied with his Proposal, but have not yet had time to examin his barrs. M^r Parker demands the same price, but we have not yet seen his workmanship.

If at any time it be thought fit to change the Reverse of the money it may be done by a Signe Manual, paying the Graver for a new Puncheon

All w^ch &c

Ri. Sandford

Is. Newton

Mint Office Aug. 3. 1717