Holograph draft on legislative measures to eliminate counterfeit coin
44 = 47. 17. 00. | 62 = 67s. | 62. 67::27. 27+2 |
46. 10. 00= | 50. 5s. 00 | |
1. 7. 00 | 1. 9. 2 | |
51. 14. 2 | (1. 3. 2 = 1l. 3s. 2d | |
7. 4. 2 | ||
6. 13. 6 | ||
10. 8 | ||
39 |
1. That counterfeit silver monies be still cut by the Kings Receivers ā Collectors & also by the Officers & Tellers of the Bank & by all Goldsmiths or others who deliver out circulating Bills of credit & by their Tellers, & that they be obliged to return back no money as counterfeit without cutting it.
That all gold monies too light by above grains in the half guinea grains in the Guinea grains in the two Guinea piece & grains in the five pound piece as often as tendered to any of the aforesaid Officers be by them stampt with a cypher on both sides & thence forward be current only by weight according to their standard value that is the pound weight Troy for 44 guineas , or the single pieces with an abatement after the rate of 2d pr grain for so much gold as shall be wanting in each piece. And that all such light gold monies coming to the Exchequer or Bank be sent thence to the Mint to be recoyned. No Receiver Collector or Banker to refute them by Tale without marking them
1 That all Gold & Silver monies clipt washt filed worn or otherwise diminisged or lightned so as to be too light by be not cut but stampt on both sides with a cypher or round O by the Kings Receivers Collectors & by the Officers & tellers of the Bank & by all present (Goldsmiths an offices) who delivere out circulating Bills of credits & their Tellers & thence forward be no longer current by tale but be current by weight according to the stand value vizt the Gold after the rate of 44 Guineas the pound weight & the silver after the rate of 5s 2d the ounce untill they shall return to the Mint to be recoyned. No Collector Receiver or Teller aforesaid to refuse them by Tale as too light without marking them upon pain of. All money so markt which shall be paid into the Exchequer or Bank shall be sent thence to the Mint to be recoyned.
2. That all counterfeit silver monies whether markt or not markt be cut by the Kings Receivrs & Collectors as the law already directs & also by the Bankers & their Tellers aforesaid & that they be obliged to return back no money as counterfeit without cutting it upon pain of. And that all other persons may cut all silver monies which they suspect to be counterfeit as they are already impowered by law.
Tat the Act against coyning tools which expires at the end of the next session of Parliament be continued either without or with some amendments for 7 years.
Source
MINT 19/2/92, National Archives, Kew, Richmond, Surrey, UKc. 1701-1702, c. 561 words.