Partial draft of MINT00322 (Mint 19/2/111-16)
Sr
I have enquired the weight & fineness of the coynes mentioned in your letter & they are as follows. The Holland Ducat is 23car 2gr five1 car ijgr better then standard & weights 2dwt 4gr The Three Guilder pieces is worse 10oz 18dwt 4dwt worse & weighs 20dwt 6gr The Spanish Pistoll is {illeg} legr worse & weighs 4dwt 8gr The Pieces of Eight weigh 17dwt 12gr each, & the Pillar Piece is 2dwt better the Mexican 1dwt worse & the Pruvian 16dwt worse A French Lewis d'Or weighs 4dwt 8gr & is worse legr A French Crown weighs 17dwt 12gr & is worse obdwt The Cross Dollar weighs 18dwt & is wors 12dwt worse. A Jacobus & Carolus piece coyned for XXs is ye 41th part of a pound weight Troy, & a Carolus XXs piece is of the same weight& therefore weighs 14 0gr {illeg}7dwt & about a grain But a broad Jacobus is about ye 38th part of a pound weight Troy.
{illeg} The whole{illeg} number of Guineas coyned in the reigns of K. Charles K James & K William to the present time is The pr value of Gold in all these reigns has been has been {illeg} greater here then in Holland in all these three reigns wch has made & accordingly thence the coynage of gold monies th coyned in ye reigns of King Charllees & King James were almost double to the silver monies coyned in the same reigns. And now Gold being at a higher value then in those reigns is coyned the only metal brought into ye Mint from abroad. The exchange in Holland is at present about 5 ꝑ cent for Bank money & 1 more for Gold Guineas that is about 6 or 6 ꝑ cent for Guines, so that a Guineass ins Holland are worth but 2 {illeg}about 1lb. 0s 8d of oer milled silver monies.
The importation of silver is discourged {sic} not only by its low price in proportion to gold but also by the Laws wch makeagainst exportation of Silver Bullion the Merchant being unwilling to bring it on shore by reson of the difficulty they meet wth in going off wth it again in case they meet not with a good Mercat here.
Source
MINT 19/2/38, National Archives, Kew, Richmond, Surrey, UKSeptember 1717, c. 379 words.