'An Account of all y<hi rend="superscript">e</hi> Gold & Silver coyned in his Majesty's Mint w<hi rend="superscript">th</hi>in y<hi rend="superscript">e</hi> Tower of London from y<hi rend="superscript">e</hi> first of October 1599 [...] to this present November 1675' Isaac Newton c. 878 words The Newton Project Oxford 2017 Newton Project, University of Oxford

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 ca. 1700, c. 878 words.

Table of total and yearly average coinage for the periods 1599-1619, 1619-1638, 1638-57 and 1657-1675, showing a steady increase to 1657, the year of the founding of the new East India Company, and a sharp decline thereafter. The Company's excessive export of gold and silver is blamed for inflating the price of bullion to the detriment of the coinage and of trade in land, lead, tin, wool '& other manufactures'.

 MINT 19/2/271-2, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/2/271-2 ca. 1700 England English Holograph MintEconomic Theory and Legislation Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Transcribed by Will Scott
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An Account of all yethe Gold & Silver coyned in his MatiesMajesties Mint wthwithin yethe Tower of London from yethe first of October 1599 being yethe one & fortithfortieth year of Q.Queen Elizabeth to this present November 1675, being seventy six years divided into four parts, shewing how yethe coyn of this kingdom did encrease in yethe three first parts proportionable to yethe encrease of trade & Navigation; & how much it hath decreased in yethe fourth part, being since this present East India Company was erected in yethe year 1657.

Gold & Silver coyned. Totals by Tale Yearly Medium From yethe 1st of Octob. 1599 to yethe last of March 1619 was coyned four Millions seven hundred seventy nine pothousand three hundred & fourteen pounds thirteen shillings & four pence, wchwhich was per annum Two hundred forty five thousand ninety twohree pounds eleven shillings & sixeven pence } 4779314l. 13s. 4d 245093l. 0s. 7d From yethe last of March 1619 to yethe last of March 1638 was coyned six Millions nine hundred thousand forty two pounds eleven shillings & one penypenny, wchwhich was per annum ThreThree hundred sixty three pounds thousand one hundred & sixty pounds two shillings & eight penyce farthing. } 690042. 11. 114 363160. 2. 814 From the last of March 1638 to May 1657, till the beginning of yethe Company was coyned seven Millions seven hundred thirty three thousand five hundred seventy twenty one pounds thirteen shillings four pence farthing, wchwhich was per annum Four hundred & seven thousand & twenty seven pounds nine shillings one penypenny half penypenny } 7733521. 13. 414 407027. 9. 112 From May 1657 to Nov. 1675 being eighteen years & half of yethe Company was coyned Three millions two hundred thirty eight thousand nine hundred ninety seaven pounds sixteen shillings three farthings, about one million: of wchwhich was Harp & Cross money & broad Gold &c recoyned, wchwhich deducted there remains but two millions, two hundred & thirty eight thousand p nine hundred ninety seaven pounds sixteen shillings & three farthings; wchwhich was per annum but one hundred twenty one thousand twenty five pounds sixteen shillings & three farthings } 2238997. 16. 034 121025. 16. 034 Total of all Gold & Silver coyned in these seventy six years from yethe first of Octob. 1599 to Novemb. 1675, Twenty one millions six hundred fifty one thousand eight hundred seventy & six pounds thirteen shillings & fourtenn pence farthing } 21651876. 13. 1014 Total of all Gold & Silver coined in these Yearly encrease. Total encrease. The coin yearly encreased in the second part from yethe last of March 1619 to yethe last of March 1638 more then in the first part One hundred & eighteen thousand sixty & seven pounds two shillings one penypenny farthing. The Total thereof is Two Millions two hundred forty & three thousand two hundred seventy & four pounds nineteen shillings eleven pence three farthings } 118067. 2. 114 21651876,2243274. 19. 1134 The coin yearly encreased in the third part more then in the secon from yethe firlast of March 162938 to the May last of March 168 1657 (till the beginning of yethe Company) more then in the second part Forty three thousand eight hundred sixty & seven pounds six shillings five pence farthing. The total thereof is Eight hundred thirty & three thousand four hundred seventy & nine pounds five shillings three pence three farthings. } 833479. 5. 33443867. 6. 514 833479. 5. 334 272 The coyn hath yearly decreased in the fourth part from May 1657 to this present November 1675 being the eighteen years & half of this present company Two hundred &eighty & six thousand & one pounds eleven thirteen shillings three farthings The total whereof is five millions two hundred & ninety one thousand & thirty pounds eleven shillings & eight pence } Yearly decrease Total decrease 286001l. 13s. 034d 5291030l. 11s. 8d
The Gold & Silver exported for India, from yethe 2d of March 16753 to yethe 1eleventh of March 1674, was by entry at the Custome house for yethe Port of London, Five hundred sixty & odd thousand pounds, besides what was entred in the out Ports & without entr entry exported. The company exporting so great quantities of Gold & Silver hath inhansed the price of Standard Silver from under five shillings the ounce to five shillings & four pence wchwhich is ten per cent, & a twenty shillings piece of broad Gold to twenty & four shillings wchwhich is twenty per cent, & Guinneys in proportion, wchwhich is so much in value above his Majesties coyn that it doth not only hinder the Bullion of Gold & Silver imported from being coyned, but hath occasioned all the weighty coyn to be culled out & melted into Bullion. So that there is not above fifteen or twenty pounds of currant money left in the Kingdom; wchwhich is not sufficient to manage the trade, wchwhich is reputed to be above forty millions a year. The free exporting of Gold & Silver & laying so great impositions by Mulet on all the commodities & Manufactures of this Kingdom hinders the exporting thereof; wchwhich hath brought down the prizes of Land, Lead, Tin, Wollen & other manufactures.