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TOWER of London. The Mint. | 97 |
TOWER of London. The Mint.
Arms of Ireland. The Fourth, the same with the first; with this
Motto about them, QUEM DEUS CONJUNXIT, NEMO SEPARET.
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These last mentioned Kings and Queens coined several Pieces of
Gold, all which (some few excepted) bare the same Stamp and
Inscriptions as did their Silver Money. For I find that King James,
in the 11th Year of his Reign, came himself in Person to the Star-
Chamber, where he had appointed the Mint Men to meet. And
there (for the better keeping of the Gold Coins within the Realm)
he raised the Prices thereof; ordering the Piece called the Unity,
which went before but for 20s. to be current now for 22s.; the
double Crown, and all other Pieces, to increase in like Proportion.
The Motto of this Piece of Gold was, FACIAM EOS IN GENTEM
UNAM.
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King Charles the First coined the same Pieces, both of Gold and
Silver, as his Father K. James had done before. His Effigies was a
half Face, looking to the sinister Hand. The Arms the same; but
the Motto was, CHRISTO AUSPICE REGNO.
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K. Charles I. his Coin.
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Some short Time after the Martyrdom of this King, in the Year
1649, when England was voted by the Rump Parliament, a Free
State, there was Money coined in the Tower, both of Gold and
Silver; viz. 20s. Pieces of Gold; and of Silver, Pieces of 5s. Pieces of
2s. 6d; Shillings, Sixpences, Groats, Half Groats, and Pence. All
which Pieces had upon one side the Cross of England, in a single
Escotcheon; and on the other side the English Cross in one
Escotcheon, and the Irish Harp in another; not impaled, but joined
together in two several Escotcheons. On that side that had the
Cross of England, there was engraven, THE COMMONWEALTH OF
ENGLAND: And on the other side, where the Arms of England and
Ireland were in two Escotcheons, was engraven, GOD WITH
US.
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England voted a free State; and new Stamps for Money.
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Also about the Year 1643, and 1644, King Charles I. was forced to
coin Money at Oxford, and other Places, for the Supply of his
Armies at that Time.
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Money coined at Oxford.
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After the Restoration of King Charles the Second, which was in the
Year 1660, and the 13th of his Reign, all the forementioned Money
(called States, or Commonwealth Money) was called in, and other
Money coined.
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The Money coined by King Charles the Second, of Gold, were Pieces
called Guineas, (as made of Gold from that Place) of 20s. Half
Guineas at 10s. and some double Guineas of 40s. Which soon after
went, the Guinea for 21s. 6d. and the other in Proportion: Near
which Value they now pass current.
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K. Charles II. his Money.
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Of Silver also he coined, Crowns, Half-Crowns, Shillings, Sixpences,
and so lower. All which Pieces, both of Gold and Silver, were not
stamped as his Predecessors (Kings and Queens) Monies were, but
done by an Engine called a Mill, and so called Milled Money; and to
prevent Clipping, or other defacing, were jagged on the outward
Rim: And besides, Crowns and Half-Crown Pieces have DECUS ET
TUTAMEN inscribed round the Edges.
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Milled Money.
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These Coins (both of Gold and Silver) have on one side the King's
Effigies, with a Half Face looking to the dexter Hand; and about the
Effigies, CAROLUS II. DEI GRATIA. And on the other
side, Four
Escotcheons
placed in Form of a Cross, whose base Points meet in the Centre of
the Piece, and Four Sceptres from thence also issuing; in which
Four Escotcheons are the Arms of the Four Kingdoms, viz. England,
Scotland, France, and Ireland; and about them, MAGNæ
BRITANNIæ FRA. ET HIBERNIæ REX; and the Date of the
Year.
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King James the Second coined also the same Pieces both of Gold
and Silver, bearing the like Inscription, only the Name altered, and
the Face looking towards the sinister Hand.
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K. James IId's Money.
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King William and Queen Mary coined the same Pieces both of Gold
and Silver, with the like Inscriptions, the Names only altered; the
Faces (which are two) both looking towards the dexter Hand; with
the Arms of England on the Reverse.
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K. William and Q. Mary's Money.
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In the Centre of the Arms, an In-Escotcheon of Pretence, Billette, a
Lyon Rampant.
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But after the Death of Queen Mary, the Coin had only the Effigies
of the King.
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Queen Anne succeeding, her Effigies in her Coin looked toward the
Left Hand: All her Money likewise Milled; with the like Bearings
on the Reverse.
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Q. Ann's Coin.
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King George's Coin is also Milled. In the Reverse, the Arms of the
Kingdoms, as before; with an In-Escotcheon of the Arms of his
most Illustrious and Ancient Family.
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K. George's.
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All Coins current in England, as well Gold as Silver, are several,
and of a different Value; but all reduced to Pounds, Shillings, and
Pence: Only (in relation to the Necessity of the Poor, and Exchange
of great Money) a small Piece of Brass, Copper, or Tin, called a
Farthing, (being the fourth Part of a Penny) and a Halfpenny,
(which is the Value of two Farthings) have been permitted to be
coined; but no Man is compelled to receive them for Payment of
Debt, or Rent; which cannot be said of any Nation, or State in the
World besides.
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Only Gold and Silver current Coin.
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No Money, in any Mint, is made of pure Gold or Silver, as being too
flexible; and therefore allayed with Copper. The Standard of
Crown Gold, is 22 Carrats of fine Gold, and 2 Carrats of Allay, in
the Pound Weight Troy; which is divided into 44 Parts and a half;
each Part is to pass for 30s. and the Half Part for 10s.
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No Money made made of pure Gold or Silver.
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The Allay of some Gold Coins is all Silver, as the Guinea Gold;
which renders the Gold Coin, some more white, some more yellow.
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The Allay.
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The Standard for Sterling Silver, is 11 Ounces and 2 Penny weight
of fine Silver, and 18 Penny weight Allay of Copper out of the Fire.
So that 12 Ounces of pure Silver, without any Allay, is worth 3l.
4s. 6d. and the Ounce is 5s. 4 ½d. But with Allay, it is worth but
3l. and the Ounce 5s.
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The Standard.
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The Moniers divide the | into |
Pd Troy | 12 Ounces |
Ounce | 20 Penny Wt |
Penny Wt | 24 Grains |
Grain | 20 Mites |
Mite | 24 Droits |
Droit | 20 Perits |
Perit | 24 Blanks |
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