2-3)

Author: Isaac Newton

Source: MINT 19/3/112-13, National Archives, Kew, Richmond, Surrey, UK

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  'An Account of the Scotch money' [MINT 19/3/2-3]

<112r>

An Account of the money coyned in Scotland since the Restauratio{n} of K. Cha. II.

The main bulk of y^e money

After y^e Restauration while my L^d Hatton y^e Duke of Lauderdales brother {illeg}|b|e{illeg}|in|g General of y^e Mint in Scotland {illeg} cause the sco

The Scots \|in y^e \reign/| of {illeg}|the| {illeg} years three or four last Kings have/ coyned their \silver/ monies of the same allay w^th y^e English viz^t \their silver moneys/ 11 ounces 2^{dw^t} fine silver & 18^{dw^t} allay, |[|but in the reign of K. Cha. II the money being my L^d Hatt{illeg}|on| the D. of Lauderdales brother being General of {illeg} their Mint cause the money|]| And as y^e English coyn their for w^ch end they have {illeg} indented trial pieces {of} gold & silver made in England\here/ \at y^e same time & of/ of the same allay\piece/ w^th those made for y^e English mint. And {illeg}|a|s the English coyn a pound T o|O|unce Troy {as sorts of}\is divided into/ sixty two pence \whereof 60 make o^r {crowns}/ so the English\Scotch/ o|O|unce Troy is divided into {illeg} sixty two parts whereof 56 make their 60 shillings piece, their money being made lighter by 4^s in 60 to {Their} {illeg}|si|xty shillings scotch are to an\a Scotch/ Ounce Troy scotch & their pound Troy is less then y^e English pound Troy by 4 fou{illeg}|r| penny weight & 9 grains. Whence of y^e English pounds. Whence Sixty shi Scotch shillings \ought to/ weigh 425^gr or 17^{dw^t} 17^gr of y^e English pound Troy. Our pound Troy is great then Their \standard{illeg}/ Troy weights \{illeg}|by| w^ch they coyne are/ also by {illeg} made at our Mint at y^e same time with ours \& by {illeg} by common consent of both Mints/, & our pound Troy |is| {is}\being/ greater their|n| theirs by 4 {illeg}|penny| {illeg}|w|eight 9^gr. And as we divide our pound Troy into 62 \parts w^ch are our/ shillings & our ounce {sixty} into sixty |two| \parts w^ch are our/ pence so they divide their ounce into sixty shillings two parts w^ch are their shillings excepting that {out} of {illeg} that to prevent y^e melting down of their money they {coyn} make their 60 shillings pieces lighter by four of those parts,\money lighter by 4 shillings in sixty/ {illeg}|(|as i am {readily} informed.|)| so that their sixty shillings\that sixty shillings of their {illeg} money/ is to their ounce Troy as 56 to 62 or 28 to 31, & by consequence ought to weight 425^gr or 17^{dw^t} 17^gr of our pound Troy, as I find by experie{illeg}|nce|{illeg} th{illeg}|e|y {be} \& to be worth {illeg}|54|{ $\frac{3}{5}$ } {illeg}|En|glish pence & {illeg} $\frac{}{0}$ parts of a penny./ The experiments are\{illeg}/ we have made of their weight {illeg}|&| fineness of their money are as follo{ws}

	Pieces Coyned in y^e reig{illeg}\|n\| of K. Cha. II	Reign	Date	Weight	Fineness	Value
1	{illeg}\|A\| half mark piece of K. Charles II/Ch\ {sic}	Cha. II	1665	42^gr	wors iiij^{dw^t} $\frac{1}{2}$	5^d $\frac{1}{4}$
2		Cha II	✱	86	wors vij	10^d $\frac{3}{4}$
	A two Mark piece
4	Another Mark piece of	Cha II	1675	102	wors ij	13
3	A two mark piece o {sic}	Cha II	1673	175	wors vij	21 $\frac{7}{8}$
5.	A three pound piece o {sic}	Cha II	1681	416	wors iiij	52^d $\frac{3}{4}$	4. 4 $\frac{3}{4}$
6	Another thre {sic} pound piece	Cha II	1682	425	not assayd/wors iij\	{illeg}\|54\|^d. 0 $\frac{1}{6}$	4. 6 $\frac{1}{6}$
	Another thre {sic} pound piece

<112v>

|Pieces \coyned/| In the reigns of K. Iames & K William

	Year	weight	Fineness	Value
A three pound piece	16{illeg}\|9\|1	16425^gr	sta\|ndard\|	4^s. 6^d $\frac{3}{4}$ $\frac{1}{8}$ $\frac{9}{10}$
A forty shillings piece	1687	284	not assayd	✱
Another	1688	283	sta	3. 0 $\frac{1}{2}$
Another	1689	284	sta	3. 0 $\frac{2}{3}$
Another	1695	284	sta	3. 0 $\frac{2}{3}$
Another	1695	284\|3\|	wors iij	3. 0
An other	1696	284	sta	3. 0 $\frac{2}{3}$
Another	1696	285\|3\|	wors ij	3. 0 $\frac{1}{5}$ \| $\frac{1}{6}$ \|
A twenty shil. piece	1695	142	sta	1. 6 $\frac{1}{3}$
Another	1695	142	sta	1. 6 $\frac{1}{3}$
Another	1696	142	sta	1. 6 $\frac{1}{3}$
A tenn shill piece	1687	71	sta	0. 9 $\frac{1}{6}$
Another	✱	71	sta	0. 9 $\frac{1}{6}$
Another	1695	71 $\frac{1}{2}$	not assayd	✱
Another	1695	7{illeg}\|2\|	sta	0. 0{illeg} $\frac{1}{6}$
Another	1695	68	sta	0. 8 $\frac{7}{9}$ = 0. 8 $\frac{3}{4}$
A fi{illeg}\|v\|e shill. piece	✱	35	wors i	0. 4 $\frac{1}{2}$ {illeg}

The half mark, \the/ two mark & |y^e| half marke pieces coyned\{coyned}\coyned// in y^e reign of K Charles y^e II {illeg}|a|re \ill coyned coyned of an ill shape |bad work| |& considerably|/ coarser & lighter lighter then stand{illeg}|ar|d. {sic} for w^ch reason they have been since called in\were called in neare the end of that reign/ & are no {illeg}longer currant in Scotland.

The sixty, 40, 20, 10 & five shillings pieces coyned since are better {shill} coyned\money/ in every respect, {illeg} & make up y^e bulk of y^e money w^ch now comes out of Scotland into England. Those coyned in y^e reigns of King Iames & King William are very well sized & standarded except that some few pieces are ij or iij^{dw^t} worse then standard\{th}e ten shillings piece. {sic}/. The {illeg} value|a||tion| of their p{illeg} money in {illeg} is to reccon \{illeg}ed may be may be {wors} in the nearest round numbers {illeg} by recconning/ their 10^s piece worth {illeg} nine pence of our money & their 5^s \piece/ worth 4 $\frac{1}{2}$ ^d & so proportionally their 20, 40 & 60 shilling-pieces worth 1^s 6^d, 3^s. 0^d, & 4^s 6^d. of {illeg} money {illeg} the \if all their money were iij^{dw^t} ob wors then standard this recconning would be sufficiently/ |✱| < insertion from f 113r > ✱ At which rate their mark pieces (when ever they shall coyn any more of them) ought to pass for shillings & their half mark pieces for sixpences. These are round {ways} of recconnings {may} fit for use.

In recconing exactly, their 10^s piece is worth 9^d & about y^e 7^th ꝑ^t of a penny of our money, yet considering < text from f 112v resumes > \In recconning exactly/ their ten-shillings-piece is \{exac}t/ worth 9 pence & \about/ y^e seventh part of a penny \of our money/, yet considering that some pieces of their money are coyned ij^dwt or iiij^dwt & iiij dw^t wors then standard \& some of them have been found better then standard/ & that by continuall wearing they \their money/ grows dal|y|ly lighter & lighter & cannot be recoyned here w^thout loss & that no country {illeg}|r|eceives the money of another country unless at an under{-rate}\value/, it see may seem a re\a/{illeg}|so|nable enough that {illeg}|th|eir 10^s pieces should \not/ pass in England for more yⁿ nine penc{illeg}|e|s: For were\{illeg}|w|ere all/ their money {illeg}iij^dwt ob worse then standard their \{illeg}|e|ither worse yⁿ standard by iiij dw^t or lighter then standard by a grain in every/ {illeg}|eigh||t| shillings piece/six pence\\of {illeg}\of their money/: th{illeg}|eir| ten shillings piece of their money/ would not |not| be worth {but} nine pence|.| of {illeg}

If their 10^s piece|s| should pass for 9^d, \pences/ their mark pieces (when <113r> ever they shall coyn any more of them) ought to \|ought| would (after the same rate) to/ pass for shillings & their half mark pieces for sixpences & this is also a very round way of recconning very fit for use.

<113v>

these

An Account of y^e weight & {value}|fine|ness of y^e