271-2)

Author: Isaac Newton

Source: MINT 19/2/261, 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
    - Catalogue exported to teiHeader by Michael Hawkins
  - 12 May 2017
    - Transcribed by Will Scott, with retrofitting of the xml of MINT00255
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<261r>

An Account of all the Gold & Silver coyned in {his} Majesties Mint within the Tower of London from the first of October 1599 being the One & fortieth year of Queen Elizabeth to this present November 1675, being seventy six years, divided into four parts, shewing how the coyn of this kingdom did encrease in the three first parts proportionable to the encrease of trade & Navigation, & how much it hath Decreased in the fourth part, being since this present East India Company was erected in the year 1657

Gold & Silver coyned		Totals by Tale	Yearly Medium
From the 1^st of Octob 1599 to the last of March 1619 was coyned four Millions seven hundred seventy nine thousand three hundred & fourteen pounds thirteen shillings & four pence, which was per annum Two hundred forty five thousand ninety two pounds eleven shillings & six pence	}	4779314^l. 13^s. 4^d	245092^l. 11^s. 6^d
			3. 0. 7
From the last of March 1619 to the last of March 1638 was coyned six Millions nine hundred thousand forty two pounds eleven shillings & one penny, which was per annum Three hundred sixty three thousand one hundred & sixty pounds two shillings one penny farthing.	}	690042. 11. 11 $\frac{1}{4}$	363160. 2. 1 $\frac{3}{4}$
		1	8 $\frac{1}{4}$
From the last of March 1638 to May 1657 till the beginning of the Company was coyned seven Millions seven hundred thirty three thousand five hundred twenty one pounds thirteen shillings four pence farthing which was per annum Four hundred & seven thousand & twenty seven pounds nine shillings one penny half penny.	}	7733521. 13. 4 $\frac{1}{4}$	407027. 9. 1 $\frac{1}{2}$
From May 1657 to Nov. 1675 being eighteen years & half of the Company, was coyned Three Millions two hundred thirty eight thousand nine hundred ninety seaven pounds sixteen shillings three farthings, about one million of which was Harp & Cross money & broad Gold &c recoyned which deducted there remains but 2238997^lb. 16^s. { $\frac{3}{4}$ ^d}, which was per annum but one hundred twenty one thousand twenty six pounds eighteen shillings & four pence	}	2238997. 16. 0 $\frac{3}{4}$	121025. 16. 0 $\frac{3}{4}$
			5. 16.
Totall of all Gold & silver coyned in these seventy six years from the 1^st of Oct. 1599 to Novemb. 1675 twenty one millions eight hundred fifty one thousand eight hundred seventy six pounds fourteen shillings seven pence half penny.		}		21651876. 13. 10 $\frac{1}{4}$
6
<261v>
The coin yearly encreased in the second part
from the last of March 1619 to the last of March 1638 more then in the first part 118067^l.. 10^s. 7^d $\frac{1}{4}$ The total thereof is 2243283^lb. 1^s. 2^d	}	Yearly encreas	Total encreas
		118067. 10. 7 $\frac{1}{4}$	2243283. 1. {2}
The coin yearly encreased in the third part from the last of March 1638 to May 1657 till the beginning of the Company more then in the second part 161934^l. 17^s. 7^d $\frac{1}{2}$ the Ttoal thereof is 3076762. 14. 10 $\frac{1}{2}$	}	161934. 17. 7 $\frac{1}{2}$	3076762. 14. {10 $\frac{1}{2}$ }
		43867. 6. 5 $\frac{1}{4}$	833499. 15. {illeg}
The coyn hath yearly decreased in the fourth part from May 1657 to this present November 1675 being the eighteen years & half of this present company, 286000^l. 10^s. 9^d $\frac{1}{2}$ the total whereof is 5291009^l. 19^s. 4^d $\frac{1}{4}$	}	Yearly decrease	Total decrease
		286000. 110. 9 $\frac{1}{2}$	5291009. 19. 4{ $\frac{1}{4}$ }
		1. 13. 0 $\frac{3}{4}$	30. 11. 8

The Gold & silver exported for India, from the 2^d of March 1673 to the 11^th of March 1674 was by entry at the Custome house for the Port of London, Five hundred sixty & odd thousand pounds besides what was entred in the out Ports & without entry exported.

The company exporting so great quantities of Gold & Silver hath inhansed the price of standard silver from under five shillings the ounce to five shillings & four pence which is ten per cent & a twenty shillings piece of broad Gold to twenty & four shillings which is twenty per Cent, & Guinneys in proportion which is so much in value above his Majesties coyne that it doth not only hinder the Bullion of Gold & Silver imported from being coyned, but hath occasioned all the weighty Coyn to be culled out & melted into Bullion

So that there is not above fifteen or twenty millions of pounds of currant money left in the Kingdom which is not sufficient to manage the trade which is reputed to be above forty millions a year.

The free exporting of Gold & silver & laying so great imposi{ti}ons by Mulet on all the Commodities & Manufactures of this Kingdom hinders the exporting thereof, which hath brought down the prizes of Land, Lead, Tin, Wollen & other manufactures.