# 'An Account of the Scotch money'.

An Account of the Scotch money.

The Scots ever since a treaty between them and the English in order to a union in the reign of King Iames the 1^{st} have coyned their silver monies of the same standard with the English, viz^{t} 11 ounces 2 penny weight fine & eighteen penny weight allay. For which end they have indented trial pieces sent from hence of the same plate with those made for the English Mint. The standard Troy weights by which they coyne are also made at our Mint at the same time with ours by common consent of both Mints and our pound Troy is greater then theirs by four penny weight and nine grains of ours. And as we divide our ounce Troy into 62 pence so they divide their ounce Troy into 62 shillings (for their shillings in this recconing answer to our pence) excepting that in consideration of the charge of coynage and to prevent the melting down of their money, they make their money lighter by four shillings in sixty (as I am informed:) so that 60 shillings of their money are to their ounce Troy as 56 to 62 or 28 to 31 and by consequence ought to weigh 425$\frac{20}{31}$ grains (or 17^{dwt} 17$\frac{20}{31}$^{gr}) of our pound Troy (as I find by triall they do) & to be worth 55 English pence wanting the 48^{th} part of a penny. The experiments we have made of the weight & fineness of their money are as follows.

Pieces coyned |
Date |
Kings reign |
Fineness |
Weight |
Value |
||

_{s} | _{gr} |
_{s} | _{d} |
||||

A two-Mark piece | 1673 | Cha: II | Worse vij^{dwt} |
175 | 1. | 9$\frac{7}{8}$ | |

A Mark piece | ✱ | Cha: II | Worse vij |
86 | 0. | 10$\frac{3}{4}$ | |

Another Roettiers | 1675 | Cha: II | Worse ij |
102 | 1. | ||

A half Mark piece |
1665 |
Cha: II |
Worse iij ob |
42 | |
0. | 5$\frac{1}{4}$ |

A three pound piece | 1681 | Cha II | Worse iiij |
416 | 4. | 4$\frac{3}{4}$ | |

Another pound piece | 1682 | Cha II | Worse iij |
425 | 4. | 6$\frac{1}{6}$ | |

Another pound piece | 1691 | W^{m} & Ma. |
standard | 425 | 4. | 6$\frac{9}{10}$ | |

A forty shillings piece | 1687 | Iac. II | not assayed | 284 | ✱ | ✱ | |

Another forty shillings piece | 1688 | Iac II | standard | 283 | 3. | 0$\frac{1}{2}$ | |

Another forty shillings piece | 1689 | W^{m} & Ma |
standard | 284 | 3. | 0$\frac{2}{3}$ | |

Another forty shillings piece | 1694 | W^{m} & Ma |
standard | 284 | 3. | 0$\frac{2}{3}$ | |

Another forty shillings piece | 1695 | W^{m} |
standard scant | 284 | 3. | 0$\frac{2}{3}$ | |

Another forty shillings piece | 1695 | W^{m} |
Worse iij |
283 | 3. | 0 |

Another forty shillings piece | Gul | 1669 | standard | 284 | 3. | 0$\frac{2}{3}$ |

Another forty shillings piece | Gul | 1696 | worse ij | 283 | 3. | 0$\frac{1}{6}$ |

A twenty shillings piece | Gul | 1695 | standard | 142 | 1. | 6$\frac{1}{3}$ |

Another twenty shillings piece | Gul | 1695 | standard | 142 | 1. | 6$\frac{1}{3}$ |

Another twenty shillings piece | Gul | 1696 | standard scant | 142 | 1. | 6$\frac{1}{3}$ |

A ten shillings piece | Iac. II | 1687 | standard | 71 | 0. | 9$\frac{1}{6}$ |

Another ten shillings piece | Iac. II | ✱ | standard | 71 | 0. | 9$\frac{1}{6}$ |

Another ten shillings piece | Gul | 1695 | not assayd | 71 | ✱. | ✱ |

Another ten shillings piece | Gul | 1695 | standard | 71 | 0. | 9$\frac{1}{6}$ |

Another ten shillings piece | Gul | 1695 | standard | 68 | 0. | 8$\frac{3}{4}$ |

A five shillings piece | Gul | ✱ | worse 1^{dwt} |
35 | 0. | 4$\frac{1}{2}$ |

The two Mark the Mark and the half Mark pieces coyned before the year 1675 are bad work & considerably coarser then standard: for which reason they were called in neare the end of that reign and are no longer current.

The sixty, forty twenty ten & five shillings-pieces coyned since are better money & make up the bulk of the money which now (viz anno 1697) comes out of Scotland. Those coyned in the reigns of King Iames & King William are well sized. Most of their money here examined is standard none too fine some too coarse so that one piece with another it may be recconed above an half penny weight worse then standard.

The Scots now pay their shillings for our pence in the borders of Scotland & putt off our crown pieces for 65 & sometimes 66 of their shillings in Scotland (as I am credibly informed:) which being an advantage of 8 or 10 per cent has filled the borders of England with their money and Scotland with ours. And the carrying on of this trade hath or might have in time prompted them to melt down our money & carry it to their Mint had not our enquiry into this matter now put an end to it by the Lords of the Treasury ordering the Receivers to refuse their money.

If the Scotch money were all coyned of a just weight & Allay 11^{s} 9^{d} of such money would be worth 10^{d}$\frac{3}{4}$ of ours. But considering that some pieces of their money are too light & others too course & that their money is more easily counterfeiters then ours, we may receive their 10^{s} pieces for nine pences & their 5^{s} pieces for four pence halfpennies & their Mark & half mark pieces (when ever they shall coyne any more) for shillings & six pences, and
so proportionally of their other pieces of money. For these are round recconings fit for use and approach the true value of their money most nearly.