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 w^thin the Tower of London from the first of October 1599 being y^e One & fortith year of Q. 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 y^e 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 y^e 1^st of Octob 1599 to y^e last of March 1619 was coyned four Millions seven hundred seventy nine thousand three hundred & fourteen pounds thirteen shillings & four pence, w^ch 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 pe{illeg}\|n\|y, w^ch was per annum Three hundred sixty three thousand one hundred & sixty pounds two shillings one peny 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 y^e Company was coyned seven Millions seven{illeg} hundred thirty three thousand five hundred twenty one pounds thirteen shillings four pence farthing w^ch was per annum Four hundred & seven thousand & twenty seven pounds nine shillings one peny half peny.	}	7733521. 13. 4 $\frac{1}{4}$	407027. 9. 1 $\frac{1}{2}$
From May 1657 to Nov. 1675 being eighteen years & half of y^e Company, was coyned Three Millions two hundred thirty eight thousand {illeg}\nine/ hundred ninety seaven pounds sixteen shillings three farthings, \about one million of w^ch was Harp & Cross money & broad Gold &c recoyned w^ch deducted there remains but 2238997^lb. 16^s. { $\frac{3}{4}$ ^d}/, w^ch 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 y^e 1^st of Oct. 1599 to Novemb. 1675 twenty one millions eight hundred fifty one thousa{illeg}\|nd\| eight hundred seventy six pounds fourteen shillings seven pence half peny.		}		21651876. 13. 10 $\frac{1}{4}$
6
<261v>
The coin yearly\yearly/ encreased in y^e second part from y^e last of
{illeg}\|fr\|om y^e last of March 1619 to y^e 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	}	Total encreas/T\|Y\|early encreas\	Yearly encr{eas}/Total encreas\
		2243287. 1. 2/118067. 10. 7 $\frac{1}{4}$ \	118067. 10. 7 $\frac{1}{4}$ /2243283. 1. {2}\
The coin yearly encreased in the third part from y^e last of March 1638 to May 1657 till the beginning of y^e Compa{illeg}\|n\|y \more then in the second part/ 161934^l. 17^s. 7^d $\frac{1}{2}$ the Ttoal t{illeg}\|h\|ereof is 3076762. 14. 10 $\frac{1}{2}$	}	161934. 17. 7 $\frac{1}{2}$	3076762. 14. {10 $\frac{1}{2}$ }
		43867. 7\|6\|. {illeg}\|5\| $\frac{1}{4}$	8334{illeg}\|99\|. {illeg}\|15\|. {illeg}
The coyn hath yearly decreased in the fourth part from May 1657 to this present November 1675 being y^e {illeg} ye 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 y^e 2^d of March 1673 to y^e 11^th of March 1674 was by entry at y^e Custome house for the Port of London, Five hundred sixty & odd thousand pounds besides what was entred in the out Ports & w^thout 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 & {illeg}|f|our pence w^ch is ten per cent & a twenty shillings piece of broad Gold to twenty & four shillings w^ch is twenty per {illeg}|C|ent, & Guinneys in proportion w^ch is so much in value above his Majesties coyne that it doth not only hinder the Bullion of Gold & Silver imported from being coi|y|ned, 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 {illeg}|K|ingdom w^ch is not sufficient to manage the trade w^ch is reputed to be above forty millions {in}|a| year.

The free exporting of Gold & silver & laying so great imposi{ti}ons by Mulet on all the c|C|ommodities & Manufactures of this Kingd{–} hinders the exporting thereof, w^ch hath brought down the prizes of Land, Lead, Tin, W{illeg}|o|llen & {i}|o|ther manufa{t}|c|tures.