Draft of <ref target="/catalogue/record/MINT00152">MINT00152</ref> (Mint 19/3/2-3) Isaac Newton c. 1,178 words The Newton Project Oxford 2017 Newton Project, University of Oxford

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 1697, c. 1,178 words. 'An Account of the Scotch money' [MINT 19/3/2-3] MINT 19/3/112-13, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/3/112-13 1697 England English Holograph MintPyx Trials and Analyses of British Coinage Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Transcribed by Will Scott, with some retrofitting of normalized MINT00153
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An Account of the money coyned in Scotland since the Restauration of K.King Cha. II.

The main bulk of yethe money

After yethe Restauration while my Ld Hatton yethe Duke of Lauderdales brother being General of yethe Mint in Scotland cause the sco

The Scots in yethe reign of the years three or four last Kings have coyned their silver monies of the same allay wthwith yethe English vizt their silver moneys 11 ounces 2dwt fine silver & 18dwt allay, [but in the reign of K. Cha. II the money being my Ld Hatton the D. of Lauderdales brother being General of their Mint cause the money] And as yethe English coyn their for wchwhich end they have indented trial pieces of gold & silver made in Englandhere at yethe same time & of of the same allaypiece wthwith those made for yethe English mint. And as the English coyn a pound T oOunce Troy as sorts ofis divided into sixty two pence whereof 60 make or crowns so the EnglishScotch oOunce Troy is divided into sixty two parts whereof 56 make their 60 shillings piece, their money being made lighter by 4s in 60 to Their sixty shillings scotch are to ana Scotch Ounce Troy scotch & their pound Troy is less then yethe English pound Troy by 4 four penny weight & 9 grains. Whence of yethe English pounds. Whence Sixty shi Scotch shillings ought to weigh 425gr or 17dwt 17gr of yethe English pound Troy. Our pound Troy is great then Their standard Troy weights by wchwhich they coyne are also by made at our Mint at yethe same time with ours & by by common consent of both Mints, & our pound Troy is isbeing greater theirn theirs by 4 penny weight 9gr. And as we divide our pound Troy into 62 parts wchwhich are our shillings & our ounce sixty into sixty two parts wchwhich are our pence so they divide their ounce into sixty shillings two parts wchwhich are their shillings excepting that out of that to prevent yethe 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 (as i am readily informed.) so that their sixty shillingsthat sixty shillings of their money is to their ounce Troy as 56 to 62 or 28 to 31, & by consequence ought to weight 425gr or 17dwt 17gr of our pound Troy, as I find by experience they be & to be worth 5435 English pence & 0 parts of a penny. The experiments are we have made of their weight & fineness of their money are as follows

Pieces Coyned in yethe reign of K.King Cha. II Reign Date Weight Fineness Value 1 A half mark piece of K. Charles IICh Cha. II 1665 42gr wors iiijdwt12 5d14 2 Cha II ✱ 86 wors vij 10d34 A two Mark piece 4 Another Mark piece of Cha II 1675 102 wors ij 13 3 A two mark piece oo Cha II 1673 175 wors vij 2178 5. A three pound piece oo Cha II 1681 416 wors iiij 52d34 4. 434 6 Another threthree pound piece Cha II 1682 425 not assaydwors iij 54d. 016 4. 616 Another threthree pound piece Pieces coyned Iin the reigns of K.King IJames & KKing William Year weight Fineness Value A three pound piece 1691 16425gr standard 4s. 6d 34 18 910 A forty shillings piece 1687 284 not assayd ✱ Another 1688 283 sta 3. 012 Another 1689 284 sta 3. 023 Another 1695 284 sta 3. 023 Another 1695 2843 wors iij 3. 0 An other 1696 284 sta 3. 023 Another 1696 2853 wors ij 3. 01516 A twenty shil.shilling piece 1695 142 sta 1. 613 Another 1695 142 sta 1. 613 Another 1696 142 sta 1. 613 A tenn shillshilling piece 1687 71 sta 0. 916 Another ✱ 71 sta 0. 916 Another 1695 7112 not assayd ✱ Another 1695 72 sta 0. 0 16 Another 1695 68 sta 0. 879 = 0. 834 A five shill.shilling piece ✱ 35 wors i 0. 412 The half mark, the two mark & yethe half marke pieces coynedcoynedcoyned in yethe reign of KKing Charles yethe II are ill coyned coyned of an ill shape bad work & considerably coarser & lighter lighter then standard. for wchwhich reason they have been since called inwere called in neare the end of that reign & are no longer currant in Scotland. The sixty, 40, 20, 10 & five shillings pieces coyned since are better shill coynedmoney in every respect, & make up yethe bulk of yethe money wchwhich now comes out of Scotland into England. Those coyned in yethe reigns of King IJames & King William are very well sized & standarded except that some few pieces are ij or iijdwt worse then standardthe ten shillings piece.. The valueation of their p money in is to reccon ed may be may be wors in the nearest round numbers by recconning their 10s piece worth nine pence of our money & their 5s piece worth 412d & so proportionally their 20, 40 & 60 shilling-pieces worth 1s 6d, 3s. 0d, & 4s 6d. of money the if all their money were iijdwt ob wors then standard this recconning would be sufficiently ✱ ✱ 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 10s piece is worth 9d & about yethe 7th ꝑtpart of a penny of our money, yet considering In recconning exactly their ten-shillings-piece is exact worth 9 pence & about yethe seventh part of a penny of our money, yet considering that some pieces of their money are coyned ijdwt or iiijdwt & iiij dwtpenny weight wors then standard & some of them have been found better then standard & that by continuall wearing they their money grows dalyly lighter & lighter & cannot be recoyned here wthwithout loss & that no country receives the money of another country unless at an under-ratevalue, it see may seem a reasonable enough that their 10s pieces should not pass in England for more ynthen nine pences: For werewere all their money iijdwt ob worse then standard their either worse ynthen standard by iiij dwtpenny weight or lighter then standard by a grain in every eight shillings piecesix penceof of their money: their ten shillings piece of their money would not not be worth but nine pence. of If their 10s pieces should pass for 9d, pences their mark pieces (when ever113 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. these An Account of yethe weight & valuefineness of yethe