"The value of Gold in proportion to silver in several parts of Europe"

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The value of Gold in proportion to silver in several parts of Europe

The Ecu of France goes there for 3 livres 16 sols & by the weight & assay is worth 4^s. 6^d English & thence the Livre is worth 1^s. 2_∟21^d. The Lewid'or goes there for 14 livres which amount to 16^s. 6_∟94^d english. At w^ch rate a Guinea is worth 20^s. 8^d$\frac{1}{4}$. For as 17^s 2_∟8^d (the value of an unworn Lewid'or in England according to the annexed Table) is to 16^s. 6_∟94^d (the value of the same in France) so is 21^s 6^d (the value of an unworn Guinea in England) to 20^s. 8$\frac{1}{4}$^d.

By the French Kings Edict of 17 Sept. 1701 the Mark of fine gold is valued at 494 livres 6 sols 4 deniers & the Mark of fine silver at 32 livres 16 sols 7 deniers. According to which proportion a Guinea of just weight & fineness is worth 20^s. 8$\frac{3}{4}$^d in English silver money of just weight & fineness.

The Ducat is coyned every where in Germany & some northern countries adjoyning of the same weight & fineness excepting that the Hungary Ducats are more certainly of full value. It is coyned for two old Rixdollers of the Empire or nine shillings English & usualy goes at that rate or within two or three styvers more or less, whereas in England it is worth 9^s. 6_∟3^d. But if the Rixdoller be of a lower value, as are the Rixdollers of Holland, Flanders Danemark & some other places, the Ducat may go for two Rixdollers & 6, 8 or 10 Styvers or above.

In Holland the Guilder or Floren is of equal value with 20_∟82^d {illeg}|e|nglish, & the styver is 1_∟^d041, as may be collected from the said Table. And there the Ducat goes usually for 5 Guilders & about 5 styvers, that is in o^r money for 9^s. 1_∟3^d. At which rate a Guinea is \worth/ 20^s. 6$\frac{3}{4}$^d.

In the Countries of the Electors of Brandenburg Saxony & Hannover & Dukes of Zell, Brunswick, Lunenburg, Wol{illeg}|f|enbu{illeg}|t|tel & some other places are coyned Guilders of one & the same value by consent of the Princes, tho of various allays. This Guilder consists of 16 Gute Groshes {illeg}|o|r 24 Marien Groshes, & 46 Marien Groshes are accounted the value of an old Rixdoller or 4^s. 6^d English. So that a Guilder is worth 2^s. 4$\frac{1}{4}$^d, or thereabouts. By the Table it is worth 2^s 4$\frac{1}{7}$^d according to the weight & assay. Now a Ducat goes in the countries above mentioned for 3$\frac{3}{4}$ Guilders or 8^s. 9$\frac{3}{7}$^d, & sometimes for two or three Groshes more. If it be valued <332v> at 9^s, a Guinea at that rate will be worth 20^s. 4^d.

In the same countries a Lewidor is valued at 7 Guilders or thereabouts, that is at 16^s. 5^d. At which rate a Guinea is worth 20^s. 5$\frac{3}{4}$^d.

At Hamborough the Ducat goes for two Dollars & about 8 or 9 sols lubs or sols of Lubec. This Doller is th{illeg}|re|e Marks lubs that is 48 sols lubs, recconing 16 sols to a Mark. But the Cross Doller, w^ch is worth 4^s. 4_∟91^d, goes for 52 sols lubs & therefore the other Doller which goes but for 48 sols lubs is worth only 4^s. 0_∟84^d, or thereabouts. The Marks & sols Lubs are at Hamborough accounted double to the Marks & sols Dans or of Danemark, & the four Mark piece or Crown of Danemark goes at Hamborough for two Marks lubs & by the assays of several pieces is worth 2^s. 8_∟4^d, as in the Table. And at this rate three Marks lubs are worth 4^s. {illeg}|0|_∟6^d English. This is the value of the common Hamborough Doller, & two Dollers & nine sols lubs (the value of the Ducat) are {illeg}|8|^s. 10_∟4^d. At w^ch rate a Guinea is worth 20^s. 0$\frac{1}{4}$^d.

At Dantzick Gold is very scare. Their Guilder consists of 30 Grosh, & the Bank Doller w^ch is worth about 4^s 6^d goes for three Guilders 23 Grosh. Whence the Guilder is 14$\frac{2}{3}$^d. The Ducat is there valued at about 7 Guilders 12 Grosh, or two Bank Dollers wanting four Grosh, that is at about 8^s. 10_∟09^d. And at this rate a Guinea is worth 19^s. 11$\frac{1}{2}$^d.

At Geneva the Hungary Ducat was lately valued at two Ecus & 2 or 3 sols of France, that is at 9^s. 2^d or 9^s 3^d. At which rates a Guinea is worth about 20^s. 9$\frac{1}{2}$^d. There also the Lewid'or was lately valued at 3$\frac{3}{4}$ Ecus of France or 16^s. 10$\frac{1}{2}$^d. At which rate a Guinea is worth 2{illeg}|1|^s. 0$\frac{1}{2}$^d. But Gold was lately higher in France then at present, w^ch might raise the price of Lewid'ors at Geneva. |For there the Spanish Pistole was valued only at 3$\frac{2}{3}$ Ecus or 16^s. 6^d.|

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|1| At Florence & Legorn the silver Ducat goes for 7 lires & by assay is worth 5^s 4_∟{illeg}3|57|^d & therefore the lire of those places is 9_∟2{illeg}|24|^d. And there the Pistole of Italy goes for 20 lires or 15^s. 4$\frac{1}{2}$^d, & the Lewid'or & Spanish Pistole for between 20 & 21 li{illeg}|r|es.

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|+| |2| At Genoa the Croist|a|t goes for 7$\frac{1}{2}$ lires & \by assay/ is worth 6^s 6$\frac{3}{4}$^d, & thererfore the Lire of Genoa is 10$\frac{1}{2}$^d. And there the Pistole is valued at 17$\frac{1}{2}$ lires that is 15^s. 3$\frac{3}{4}$^d.

At Rome Florence Legorn Bull{ai}|o|gne & Ancona (a city upon the Gulph of Venice) three Iulios make a Teston & the Teston by assay is worth 1^s. 6_∟21^d & thence the Iulio is 6_∟07^d. Ten Iulios make the Escudi or Ecu of Rome but I cannot yet procure that piece of money for an assay. At Florence three Iulios are two lires & 10$\frac{1}{2}$ Iulios make the Ducat & thence the Iulio is 6_∟15^d. Now in those cities the Pistole of Italy goes for 30 Iulios or 15^s. 4$\frac{1}{2}$^d, & the Spanish Pistole for 31 Iulios or 15^s. 10_∟65^d supposing the Iulio 6_∟15^d.

At Bu|o|llogne & Ancona the sequin of Venice goes for 18 Iulios or 9^s. 2_∟7^d & the Hungary Ducat for 17 Iulios or 8^s. 8_∟55^d.

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If the Ducat of Venice whose value is set down in the Table, be that Ducat, as I am told, w^ch goes now at Venice for 6 lires 4 sols de Piccoli, the Lire of Venice will be 6_∟52^d. A{illeg}|n|d there the Hungary Ducat w^ch goes for 16 lires will be worth {illeg}|8|^s. {illeg}|8|_∟84|2|^d, & the Pistole of Venice w^ch goes for 28 lires will be worth 15^s. 2_∟56^d.

At Millain the Piece of eight went lately for 5 lires 17 sols & the Philip or silver Dducat for 6 lires so that the Philip is to the Piece of eight (or 4^s 6^d) as 40 to 39 & therefore is worth about 4^s. 7$\frac{5}{13}$^d. This piece, as I am informed, goes at Venice for 8$\frac{1}{2}$ lires & therefor the sequin w^ch goes at Venice for 17 lires is there worth 9^s. 2$\frac{10}{13}$^d, as before{.}

At Naples the Ducat of silver is worth 3^s. 4_∟43^d. And there the Pistole as I am informed goes for 45 Carlins or 4$\frac{1}{2}$ Ducats that is for 15^s. 2^d.

By all w^ch gold seems to be lower in Italy then in France, the Spanish Pistole being every where worth less then 16^s. At w^ch rate the Guinea is worth less then 20^s

In Spain the Pistole is recconed at four pieces of eight or {illeg}|18|^s, w^ch is 9_∟2^d more then in England. And in Portugal the Moeda is recconed at ten Crusados or 28^s. 7_∟1^d w^ch is \14^d/ more then in England{.} At w^ch rates a Guinea is worth 22^s. 5$\frac{1}{2}$^d in Spain & 22^s. 5^d in Portugal.

In these recconings standard Gold is valued in England at 4^li ꝑ ounce as Goldsmiths value it for the melting pot. The standard value is 3^li 19^s 8$\frac{3}{4}$^d. At w^ch rate about $\frac{7}{8}$^ths of a penny are to be added to the value of the Guinea in forreign c|C|ountries.

^[1]

I Stanley

Is. Newton

In Ellis

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Proportions of Gold to silver abroad.