Covering letter for a report on Dutch coinage

Diplomatic TextCatalogue Entry

<12r>

Sir

The Gentleman that wrote this Paper hath done in the best of any that I have seene, & I must so far conclude with him that its the best specie mony we have at 21. 6 the guinea, but my opinion is they will not continue so long but find another Price, or market

He owns he may be mistaken in his calculation of the holland Coyns, & believe he is not thoroughly inform'd as to the venetian Coyns & difference there made betwixt exchange of Gold & silver the 3 Guilder Piece in Holland is worse 3ll.wt 1o. 8gr. he makes it Better 4ll12 This Gentlemans Mistake lies in this manner not knowing or considering Gold is not a Currant Payment in Hollant, but varies every day as their Bancke doth there, viz

shillings, & 28 styvers & styvers are 5 percent worse then Bank money
Cross Dollars & Ducatoons 4 percent
3 Guilders 3 percent

Gold is above the Specie Coyns at 612 percent, & if you will Exchange your silver in to Gold you must make that allowance for it,
sir what I have writt here are my sentiments, but cannot add any thing to your knowledge, but at your request have done this as to the Remedy of our Mint this Gentleman is a stranger but its well known to you that he considers the Guineas without it which make a great Difference

I am your most obliged humble servant

IF