Covering letter for a report on Dutch coinage
Sr
The Gentleman that wrote this Paper hath done in the best of any that I have seene, & I must so far conclude with him that its the best specie mony we have at 21. 6 ye guinea, but my opinion is {illeg}|t|hey will not continue so long but find another Price, or market
he owns he may be mistaken in his calculation of the holland Coyns, & beleive he is not thorowly inform'd as to ye venetian Coyns & difference there made betwixt exchange of Gold & sil{ver} the 3 Guilder Peece in Holland is worse 3ll.wt 1o. 8gr. he makes it Bett 4ll{} This Gentlemans Mistake lies in this manner not knowing or considering Gold is not a Currant Payment in Hollant, but varies every day as {illeg}|t|heir Bancke doth there, {illeg}f viz
shillings, & 28 styvers & styvers | are | 5 ꝑCt | worse then Bank mo{ney} |
Cross Dollars & Ducatoons | 4 ꝑCt | ||
3 Guilders | 3 ꝑCt |
Gold is above the Specie Coyns at 6 ꝑCt, & if you will Exchange yor silver in to Gold you must make that allowance for it,
sr what I have writt here {illeg}\are/ my sentiments, \but/ cannot add any thing to yor knowledge, but at yor request have done this as to the Remedy of our Mint this Gentleman is a stranger but its well known to you that he considers the Guineas without it which make a great Difference
I am yor most obliged hum ser
IF