Response to the tender of Peter Floyer and Charles Shales for melting down hammered silver coin and converting it into standard silver: their proposed fee is excessive and they should be beaten down Isaac Newton c. 217 words The Newton Project Oxford 2017 Newton Project, University of Oxford

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 22 February 1696 [= 1697], c. 217 words. Treasury

Draft of T. 1/43.53, MINT00927, which is signed by Newton and [master's assistant] Thomas Hall (printed in NC, 4: 236-7). The (undated) tender in question is in PRO, T. 1/42.16.

 MINT 19/1/197, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/1/197 22 February 1696 [= 1697] England English Holograph MintPersonnel and Administration Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Retrofitted from MINT00927 by Will Scott Metadata amended by Will Scott
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To the Right HonbleHonourable the Lords ComrsCommissioners of his Majesties Treasury.

May it please YorYour LordpsLordships

In obedience to yoryour LordpsLordships Commands I have perused the Proposals of Mr Peter Floyer & Mr Charles Shales for receiving the hammered money & delivering the full weight thereof in standard silver into the Mints deducting only for a recompence eight grains out of every ounce Troy, wchwhich is 12d12 12 farthing in every pound weight. I have also perused Mr Hall's consideration upon the said Proposalls wherein he lays before yoryour LordpsLordships what in his opinion the charges of performing that service may amount to upon the pound weight, vizt

d For the first melting34 For the wast in melting 2 the sweep being estimated at a farthing. For the loss by the worsness 234 For refining 12 12 farthing. For incidents 12 In the whole 612 & 12 farthing. This allowance I conceive to be sufficient. And I most humbly propose that the Gentlemen may further deserve for their care trouble & hazzard in so great an undertaking one penny upon every pound weight: wchwhich makes the whole allowance upon every pound weight to be 7d12 & 12 farthing. All which is most humbly submitted to yoryour LopsLordships great wisdome. Mint Office Feb. 22 1696. Is. Newton