Another holograph draft of MINT00601 (Mint 19/2/352), adding details of the hammer test and calculations of costs

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2 In the reign of king Charles II {illeg}a pound weight of blanks made of Swedish copper cost 18d & was cut into 20d. & The copper & making of the blanks cost 18d, the stamping 1d, the & a penny moer was allowed for the Graver Smith & incident charges.

3 A pound weight of fine cEnglish copper such as will hammer when red h{illeg}ot will cost 10$\frac{\mathrm{1}}{\mathrm{2}}$d or 1{illeg}0$\frac{\mathrm{3}}{\mathrm{4}}$ in silver moneys, the same may be coyned without edging for edging for 5$\frac{\mathrm{1}}{\mathrm{2}}$d the edging will cost another pennyor 5$\frac{\mathrm{3}}{\mathrm{4}}$ including {illeg}the work of the Graver & Smith. the whole charge of copper & coinage is not above 16$\frac{\mathrm{1}}{\mathrm{2}}$d per lwt & if the same be edged the edging will cost a penny {illeg}more {illeg}. And if a pound weight be {illeg}cut into 20d there will remain at least {illeg}2d$\frac{\mathrm{1}}{\mathrm{2}}$ per lwt for purch{illeg}asing Mills & presses & setting up a copper Mint .& p{illeg}aying C{illeg}hecks & {illeg}all incident charges.

1 If copper be mixed {illeg}wth any other other {sic} base metal or semi-metal it will not endure the hammer when red ho{illeg}t but fly in pieces. So soon as it is refined by the copper workers to that degree that it will as to be purged from all other base metal it begins to endure the hammer when red hot & to endure {illeg}be worth about {illeg}{illeg} 98 or 100li per Tunn {illeg} & such copper They call fine copper. For making copper vessels they refine it a little higher But {illeg} to make it more malleable & for making copper wyer they refine it still higher to make it more softer& malleable. But for money it is sufficient to refine it till it begin to beare the hammer as above when red hot. They {illeg} that are {illeg} trade in {illeg} work in copper can readily judge of the fineness of it also bey ye breaking off a little piece from th & observing the grain & colour where is is broken. There is also a way of assaying copper wh by separeating the other base metals from it: but the assay by the hammer {illeg} I recc{illeg}on sufficientf for themost {illeg} {illeg}{illeg} convent scertain & sufficient for the Mint. For it will be proper for the Master & Worker not to receive course {sic} copper & put it out to refine, but {illeg} as is done in gold & silver but only to recei{illeg}ve such fine copper, such as will endure the {illeg}tes{illeg}t by the hammer, & by the grain & colour in breaking

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4 Fine copper runmade into barrs, {illeg}such as will hammer when red hot, may be had of the Copper workers for 15d per lwt But p{illeg}aying 15d for so much as {illeg}the blanks cut out of them shall weigh. And these barrs are something cheaper then those made by {illeg} casting the barrs in sand & running them through milling them in the mint. But the price is grerater by about a penny in the pound weight.

4 Fine copper made into barrs

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48 One Mr Eyres a copper worker proposes to work fine copper into barrs paying 15d pr lwt for the blanks wch shall be cut out of them in the Mint by the moneyers in the Mint & returning back the scissel. The barrs to stand the test of the hammer when made red h{illeg}ot. {illeg} Such barrs will be something cle{illeg}aner then those made by casting the copper in the same molds of sand {illeg}& milling them in the Mint, but will be dearer by about a p{illeg}enny in the pound weight.

54 A mi{illeg}ll will cost {illeg} The Mills Presses & other Engins for setting up a Copper Mint will cost {illeg}6 seix or seven hundred pounds & three farthings {illeg}ith pr pound wt in coining an hundred Tunns will pay that charge.

65 Weighing & telling may cost $\frac{\mathrm{1}}{\mathrm{8}}$d per lwt, paper

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A pound weight {illeg}of fine copper, such as will endure the assay abovementioned will cost 10$\frac{\mathrm{1}}{\mathrm{2}}$d or 10$\frac{\mathrm{3}}{\mathrm{4}}$d & the coynage will cost 5$\frac{\mathrm{1}}{\mathrm{2}}$d or 5$\frac{\mathrm{3}}{\mathrm{4}}$d including the work of the graver & smith, so that the whole charge of copper & coinage will not scarce exceed 16$\frac{\mathrm{1}}{\mathrm{2}}$d per lwt. And if the same be edged the edging will cost a penny more. And if a pound weight not edged be cut into 19d or a pound weight edged be cut into 20d{illeg} there will remain 2$\frac{\mathrm{1}}{\mathrm{2}}$d per lwt for purchasing mills & Presses & setting up a copper Mint & paying all Clerks & incident charges.