'Proposals for coyning half pence and farthings of Copper for the English Plantations in America' Isaac Newton c. 217 words The Newton Project Oxford 2017 Newton Project, University of Oxford

This metadata is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

 c. 9 July 1701, c. 217 words.

Draft of PRO, T1/75, no. 13, dated 9 July 1701. Written in response to a proposal by Samuel Davis for supplying copper coin to the plantations: see Craig, NATM, 48.

Proposal for the London Mint to produce distinctively stamped coins.

 MINT 19/2/403, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/2/403 c. 9 July 1701 England English Holograph MintOverseas Mints and Coinage Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Transcribed by Will Scott
403337

Proposals for coyning half pence & farthings of Copper for the English Plantations in America.

That copper half pence & farthings be coyned in the Tower according to the intrinsick value of Copper in the several Plantations & charge of coynage wchwhich charge will be about six pence half penny per pound weight Averdupois. The value of yethe Copper to be certified from yethe Plantations.

That yethe farthings be stamped on yethe reverse with such a stamp as shall be agreed upon by the Governours & Councils of the several Plantations wthwith yethe approbation of the Council of Trade.

That they be sent in her MajtiesMajesties Men of War & Convoys in such quantities only as the Governours of the several Plantations or their Order shal from time to time write for, so ytthat the Plantations may not be overstockt nor want.

That a Premium be allowed suppose of 2 or 3 per cent asif her MajtyMajesty pleases, to those men who shall receive them from the Captain of the ship & pay for them.

That all this be done if her MatyMajesty pleases & for that end be laid before my Ld High Treasurer by the Officers of ytthat Mint.

The Governour of ytthat Plantations to certify the Price of pCopper in their several Governments.