Draft of MINT00287 (Mint 19/2/602-3)
Proposals for preserving & encrea{illeg}sing the Coyn of this Kingdom.
All [gold and] silver designed for exportation shall be first examined & entred in the Mint. And for that end all Spanish of silver Barrs and other forreign silver imported in the Ingots[a & {sic} [ll Ingots & Plate of gold of gold or silver & all sand gold &]or in manufactured plate all American virgin gold or silver imported shall upon its first coming up the River to the Custome house be brought to the Mint by the & designed for exportation {illeg} Plate or in pieces of 8 or other forreign money including {illeg}two pound weight & designed for a weightMerchant Master of ye ship & other wtinesses to be there examined & entred. And the sd s {sic} Plate & {sic} sand Gold & Virgin silver & all forreign monies designed for exportation shall be there melted into Ingots. And these Ingots & all other Ingots of Silver above mentionsed shall at the choise of the Merchant be either coyned into monies or marked with a stamp provided in the Mint for that purpose. And at the request of the Merchant the Master of the Mint shall give him a Ticket certifying the weight of the monies coyned out of the said forreign silver & the time of ye coynage thereof wch Ticket shall be indented & cut out of a book in wch the same shisall be entred.
Ingots not markt may not be exported wth ye Mint stamp may not be exported nor bought or sold but may be brought to the Mint for encreasing the co{illeg}yn of this kingdome. This law now obteins in {illeg}France by an Edict of last March for preventing the melting down of the monies.
The Merchant upon delivering the Mint Tickets at the Custome house may wthin a year after the coynage of the monies mentioned therein, by Warrant of the Commrs of the Customes upon a day appointed therein in the Warrant ship for exportation the said monies or the same quantity of of {sic} like monies by weight & also any Ingots wch have the Mint stamp upon them, & the Customers shall enter the same & file the Tickets And upon the same day the Master or Purser of the ship may carry on board so much money as shall be allowed the {illeg}seamen & Passenger for their pockets. No other monies to be brought on board by any person whatsoever, except
In Plate Vessel or Instrument or Vtensil of Gold or silver weighing above ounces Troy shall be exported except instruments for Chirurgery &except Plate in an Embassadors Cabin for the use of or Vessel for ye Embassadors use, orany Passenger of Q{illeg}uality by License of the Ld High Treasurer or Commrs of the Treasury for the time being & except Instruments for Chirurgery& . For Plate at prsent is freely exported & in {illeg} & [other {illeg} & or aparrel parts of apparrel &for that end very great quantities of Plate have been made the two last years out of ye hammered money.
All silver monies before shipping for exportation shall pay 1d pr ounce Troy at the Custome house for the charge of assaying standarding melting refining & coyning the same. Which Duty shall be kept apart wth the Duty already granted for encouragement of coynage & therewith paid into the Excheqr & thence imprest to the Master of the Mint for the same uses. And <597v> all Ingots stampt shall pay before stamping to the Master of the Mint before stamp{illeg}ing 1s per Ingot for all Ingots of less then four pound weight Troy a farthing per ounce for orall all Ingots of 4lwt or above, < insertion from f 598r > wch duty shall be for < text from 597v resumes > {illeg}defraying the charges of melting & assaying the sameexamining & reducing forreign silver into Ingots & towards ye charges of assaying melting & coyning the monies & of providing & repairing things enecessary for ye same. For wch Duty the Master of the Mint shall be accountable to the King And for every melting of less then 4lwt of forreign silver the Merchant shall pay 1s to ye Mr for the same uses & have the Ingot stampt gratis.
No [gold or] silver (other then pocket money al{illeg}ready allowed) shall be exported out of any other Port iof England than that of London nor out of Ireland except into England.
Felony without benefit of Clergy to counterfeit the Mint stamp or the Mints Tickets. And other penalties upon them that ship silver not licensed or without paying the Duty or upon any other day than that appointed in the Custome house warrant or buy or sell unmarkt Ingots or counterfeit American Virgin silver or {illeg} other forreign silver or Bbring Barrs of silver to the Mint to be markt or coyned as forreign wch are not forreign.
The like laws may be made for gold, the Merchant paying 6d pr lwt ounce for coyning & 1d pr oz for marking what he exports. & 1s for 6d per melting melting every parcel of less then 1lwt Troy of forreign gold.every
Source
MINT 19/2/597-8, National Archives, Kew, Richmond, Surrey, UKc. 7 July 1702, c. 856 words.