An account of the medals coined for the last coronation [Anne's] and the time needed to coin medals for the forthcoming one [George I's]: Newton estimates six weeks to two months

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To the Right Honourable the Lords of the Committee of Councill appointed to consider of his Majestys Coronation.

May it please your Lordships

In obedience to your Lordships Order that I should lay before your Lordships an account of the Medalls made upon her late Majestys Coronation & of the time requisite to make Medalls upon the present occasion, I most humbly represent that twelve hundred Medalls of silver & three hundred of gold were then made by Order of Council & delivered to the Treasurer of the Houshold to be distributed at the Coronation; & that 515 medals of gold were made afterwards by her Majestys order & my Lord Treasurers Warrant, & delivered to their speaker for the House of Commons then sitting & delivered to their speaker & 40 more for Forreign Ministers were delivered to my Lord Iersey whereof those for the Agents & Consuls were single medals & the rest were double in value. A pound weight of fine gold was then cut into twenty single medalls & a pound weight of fine silver into twenty & two medalls.

After the form of the Medalls & of his Majestys Effigies is setled, it will take up about a Calendar month to make the Puncheons & three or four days more to make the Dyes & coyn the medalls by the Mill & Press. If the Impression is to rise high like that of the late Medals made upon the peace, they must be coyned in a Ring & it will take a week or tenn days more to finish the Puncheons & coyn 1500 medalls of this sort, every two hundred medalls taking up about a day to coyn them in this manner, & the Medalls must be weightier that there may be substance to make the Impression rise high. Sixteen Medalls of this sort will require a pound weight of fine gold & twenty a pound weight of silver. If either of the Puncheons should break (as sometimes happens) a fortnight more will be requisite for repairing the loss. And money should be advanced by my Lord Treasurer for buying Gold & Silver.

All which is most humbly submitted to your Lordships great wisdome

Is. Newton

Mint Office
4 Sept. 1714

King Wm crownd Apr 11. Queen Ann 23d April