Assessment of the poundage due to the Edinburgh master
To the most Honble the Lord High Treasurer of great Britain.
May it please yor Lordp
According to yor Lordps verbal order I humbly lay before yor Lordp the state of the case relating to the allowance tofor be made to the Master & Worker ofcoynage in her Majties Mint at Edinburgh for coinage
By the Indenture of her Majties Mint the allowance for coynage isof silver moneys is after the rate of sixteen pence half penny per pound weight Troy
By an Act of Parliament wch was made in Scotland A. C. 1686 & expired at ye union, the allowed for coinage of silver moneys in her Maties Mint at Edinburgh iswas after the rate of 20 livers Scottish per stone weight Scottish, that is after the rate of about seventeen pence halfpenny English per pound weight Troy., three livers be{illeg}ing, really worth but 4s 6d english
By an order of Council of Scotland made u{illeg}pon the Vnion three livers Scottish wch a wisre worth but 4s 6d d english,asere put equivalent to 5s English, & this brings the allowance for coinage to 19d d per pound weight Troy.
Quære {illeg} What shall be allowed to the late Master & Worker in his accounts for the late coynage of silver moneys per pound weight Troy
NB There is due to the Master & At an allowance of 19d per pound wt Troy there will due to ye Mr & Wr of that mint about 67000 pounds sterling [whereof 2446li. 3s. 3d is due to ye & {illeg}Moneyers from ye Master at an allowance of 9d pr lwt Troy for coina{illeg}ge:]that there is but about 3000 {illeg} li in the hands of the M Collectors in Scotland & for paying offin the Exchequer paying this acct.
Note also thatThere is 2446li. 3s. 3d is due to the Moneyers from ye Masrter of ye said Mint, & that untill this debt is discharged the Masters account cannot regularly pass not be sworn to
Not also that ye MastertThere is further due to the Moneyers 254{illeg}li 2s not yet placed in the Masters account.
By an Act of P. for a free co wch was made in Scotland A. C. 1686 for a free coynage & expired at the union, the Master & Wr of her Mats Mint at Edinburgh was allowed 20 pounds Scottish {illeg} per stone weight Scottish for coinage of Silver moneys {illeg}& 3 pounds scottish was then worth 4s 6d english {illeg}according to the intrinsic value of the moneys but upon the union was va was valued at 5s English by the Lords of the Council of Scotland in disposing of the Equivalent., {sic} {illeg}And {illeg} the Act of Parliament ceased at ye union & the Scottish is no longer current.
By the Indenture of the Mint in the Tower the [wch the Officers of the the Master r Majts Mint of at Edinburgh were by her Majties warrant were directed to observe in respect of their seval {sic} Offices, the said {illeg}]at her Majts Mint & worker is allowed for coinage of silver moneys after the rate of 16d per pound weight Troy & this a coppy of this Indenture examined f{illeg} Indenture is ann{illeg}& signed by the Officers of the this aint & was annexed to her Majties Warrant wherein her Maty commandsed the Officers of her Majties Mint in Scotland to observe the same wth respect to ye sev their several Offices that the constitution of both Mints might be alike ac{illeg}coding {sic} to the intent of the Act of union.
Quare. Whether is the Masters to be allowanedce pr lwt Troy for coinage of silver moneys 20 pounds Scottish per stone weight Scottish or {illeg}16d per pound weight Troy.
A li pound Scottish was worth 1s 6d {illeg} eighteen pence & the sixt part of a penny English before the union & at the Vnion was valued by the at twenty pence English by the Lords of ye Council of Scotland in disposing of ye equivalent. And a stone weight Scottish conteins 16 pounds Scottish 20 1s 8deach of 16 ounces scottish in ye pound
By an Act of P. wch was made in Scotland A. C 1686 for a free coynage & expiredceased at the union, the Mr & Wr of her Majts Mint at Edinburgh & this allowance amounts to 17d per lwt Troy & by the valuation of the Council of Scotland was allowed 20 pounds Sc{illeg}otish {sic} per Stone weight Scottish &for coinage of silver moneys & {illeg} & the Scottish money is now also is also ceased. at the recoinage.
By the Indenture of the Mint in the Tower the Master & Wr is allowed for coinage of silver moneys after the rate of 1s 4d per poudn weight Troy & & {sic} for conforming the Scottish Mint to the english pursuant to the Act of union was annex{illeg}d to her Majesties Warrant whereby her Majty commanded the Officers of her Mint at Edinburgh to observe the same with respect to their several Offices & the words of the Warrant The words of the Indenture < insertion from f 149r > are < text from f 148v resumes >
Q. 1. Whether is the Master of ye Mint adt Edinburgh to be allowed for the late coynage of the late silver moneys after the rate of 16d pr pound weight Troy or 20 pounds Scottish pr stone wt scottish, or 16d english pr pound weight Troy
Q. 2. What And if the first then what are {illeg} What are 20 pounds Scottish {illeg} to be valued at in English money? Whether at 18 pence 30s. 3d English {illeg} wch was their just value before the union while the said Sco{illeg}tt{illeg}ish Act was in forcce, o{illeg}r at 20 pence33s 4d English as the Lords of ye Council of Scotland valued them in {illeg}disposing of the Equivalent. In the first case the allowance per lwt Troy will about to 17d pence in the < insertion from f 149r > 2d to 19 dpence < text from f 148v resumes > pr lwt Troy, {sic} in ye second to 19d per pound Troy
Twenty pounds scottish six stone weight Scottish is after the rate of
If a pound Scottish be valued at 18d 20 pence English, then 20 pounds Scottish per stone weight Scottish is after the rate of 179 pence per pound wt Troy If at {illeg}18 pence, then 20 pounds Scottish per stone wt scottish is after the rate of 17d pence per pound weight Troy.
By the Indenture of the Mint
T {sic}
Source
MINT 19/3/148, National Archives, Kew, Richmond, Surrey, UK1709-10, c. 1,067 words.