<236r>

May it please your Lordship

I herewith send Lordship a Paper of the steps by which the Triall of the Pix proceeds, together with an Extract of so much of the Indenture of the Mint as relates to this Triall. And in anything in which I can serve your Lordship I should be glad to receive your Lordships commands, being

My Lord

Your Lordships most humble
& most obedient servant

Is. Newton

<236v>

1lwt of money = 4412 Guineas =47.16.9 = 11 oz fine
1lwt of money = 3li 2s = 11 oz 2dwt fine = 11.1oz fine

A pound weight Troy of standard Gold is cut into 4412 Guineas which at 21s 6d the Guineas amount unto 47li 16s 9d. This is the value of 11 ounces, of fine Gold. Therefore a pound weight of fine gold is worth 52li. 3s. 8811

A pound weight Troy of standard silver is cut into 62 shillings. This is the value of 11oz 2dwt of fine silver. Therefore a pound weight of fine silver is worth 3.7.01237

And 15Lwt of fine silver is worth 50.5.43237. And a pound weight of fine is worth more then 15lwt of fine silver by     1li.18s.4d.811-3237

A pound weight (Troy) of standard silver is cut into 62 shillings. This is value of 11oz 2dwt of fine silver. Therefore the value of 11oz of fine is worth. 3. 1. 51137.

And 15 × 11 oz is worth   46.1.71737. And 11oz = 4412 Guineas is worth more by 1.15.112

© 2017 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

Privacy Statement

  • University of Oxford
  • Arts and Humanities Research Council
  • JISC