'Considerations about the coinage of copper moneys'

Author: Isaac Newton

Source: MINT 19/2/354, 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
  - 13 May 2017
    - Transcribed by Will Scott
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<354r>

Considerations about the coinage of copper moneys.

That good copper imported in large Bowles or Ingots be received by the Master & Worker by weight Averdupois upon his Note expressing the weight h{illeg}f & be paid for by the Master in new copper money after the coinage thereof, at such a rate as shall be appointed by her Majesty from time to time by warrant under the signe manual directed to the Master & Worker for the time being & that the Master at the said payment be discharged by taking back his Note, & that all the payments relating to this coinage be made in copper money.

1 That all copper which will hammer thwn heated to such a degree of heat as suffices to melt Regulus of ♂ & standard silver be received as good by the assay.

That four ounces of Tynn be added by the surveyor of the meltings to every hundred weight of Copper to make the metal runn close without burning the moulds.

That the Importer at the first setting up of the coinage be allowed ^[1] per pound weight, & that the Master be allowed for coinage 6^[2] per pound weight.

That a pound weight of copper be cut into ^[3] pence & if it exceed or fall short by a half penny in the pound weight, it be recoined at the Masters charge.

That out of every hundred weight two pieces be taken, one for the pix the other for the assay & that the assay be made before delivery in such a manner as shall be found by experience to be the most convenient

That the excess of the new money above the price of the copper & coinage be reserved to her Majesty for defraying the charges of buildings repairs engins furnaces scales & weights & such like incidents & reqarding the Officer to Assay weigh & tell & enter the weight & tale in books, & the surveyor of the meltings &c.

1 That all Bowles ingots or molten masses of copper which will hammer when heated too such a degree of heat as suffices to melt Regulus of ♂ be received by the Master upon his Note expressing the weight thereof, & be coined into copper money adding 4 ounces of Tynn to every cwt^{w^t} of copper to make the metal run close & cutting a pound weight averdupois into 19^d with a remedy of a half penny, & that every hundred weight which upon telling proves without the remedy be recoined at the Masters charge.

2 That when the copper is coined the Master pay the Importer in this new money after the rate of 11 $\frac{1}{4}$ per pound weight for the copper imported, or after such other rate as her Majesty shall from time to time appoint by Warrant under the signe manual directed to the said Master, & that the Master be then discharged by taking back his note.

3. That the Master out of the remainder of the money retain to himself 6 $\frac{1}{2}$ per pound weight for the charges of assaying coining & telling & pack up the other incident charges & reserve the rest for her Majesty.

4 That there be a Comptroller of all this Coinage who by himself or his deputy or assistant shall oversee survey & controll the Assays, Weight, Tale, & Meltings; & keep an account of this coinage in writing, & make up a roll thereof annually for a voucher to the Master who shall account annually for the coinage by weight & tale & for the incident charges thereupon

5 That the Warden of the Mint also take care that this coinage be well performed in all its parts, & have copper money imprest to him by the Caster to pay the Comptrollers allowance & the Bills for erecting & repairing buildings for this coinage & insert these recconings into his annuall accounts.

^[1] 11
11 $\frac{1}{4}$
11 $\frac{1}{2}$

^[2] $\frac{1}{4}$
$\frac{1}{2}$

^[3] 19
19 $\frac{1}{2}$