Holograph notes for MINT00265 (Mint 19/2/618-20)
Proposals for preserving & encreasing the coyn of this Kingdom.
All gold & silver designed for exportation s{illeg}hall be first examined & entred in the Mint, & the {illeg} upon the arrival of any ship the gold & silver s
† recconing but half a million in lieu of theseof two millions & an half Mr P. replys that his recco assertion as to those {illeg}3 millions was taken gro{illeg}unded upon informations taken from men that were Ap{illeg}prentices or Servants to Goldsmiths & Refiners they owning that after the year 1670 they found above of ye old coyn fitter for their matters purpose then the new milled money. I answer that they that culled used ye culling trade did it culled for melting culled also for clipping the clippings being as fit for melting {illeg}as the weighty money & that they might {illeg} a third partusuallyfrequently fi{illeg}nd a third part of the hammered money fit for both these purposes together & more fit then ye milled money was that wch being unfit for the clippers trade. But if the Apprentices & men that were men above mentioned were affirmed that about about soon after ye year 1676 or soon after they found one third part of the hammered money weightier then ye milled money was & on that account fitter to be culled for melting: they there {illeg}must be some mist{illeg}ake in the Report. testimony.
Source
MINT 19/2/623, National Archives, Kew, Richmond, Surrey, UK1701, c. 236 words.