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The numismatic chronicle and journal of the Royal ... - IndianCoins.org

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THE ELIZABETHAN COINAGES FOR IRELAND. 115was to supply in part <strong>the</strong> needs <strong>of</strong> <strong>the</strong> master-workers<strong>of</strong> <strong>the</strong> new moneys, <strong>and</strong> it will be convenient now tocite some relevant extracts from <strong>the</strong> original accountdeclared by <strong>the</strong> warden <strong>of</strong> <strong>the</strong> mint <strong>and</strong> from a copy <strong>of</strong><strong>the</strong> master-workers' figures dealing with <strong>the</strong> sameperiod.Account by Sir Thomas Knyvett, from 1 Oct: 41 Elizabethto 31 May 3 James I.In Michaelmas term 43-4 Elizabeth, Spanish moneystaken in ships upon <strong>the</strong> narrow seas by her Highness's navywere valued at 5200 <strong>and</strong> coined into Irish moneys <strong>of</strong> <strong>the</strong>new st<strong>and</strong>ard.<strong>The</strong> total <strong>of</strong> Irish silver moneys <strong>the</strong>n struck was 89,677pounds Troy 5OZ 17^9 <strong>of</strong> 2 OZ 18 dw * nne> which represented,at <strong>the</strong> prescribed rate <strong>of</strong> 62 s <strong>the</strong> pound weight, 278,000 bytale in pieces <strong>of</strong> 1 s 6 d ,<strong>and</strong> 3 d . <strong>The</strong>,intrinsic value <strong>of</strong> thisbullion was stated to be 16 8l^d <strong>the</strong> pound weight.Mere copper pence <strong>and</strong> halfpence amounted to 36,250pounds Troy, which represented, at 16 9 Irish <strong>the</strong> poundweight, 29,000 by tale. <strong>The</strong> intrinsic value <strong>of</strong> <strong>the</strong> metalwas 6| d <strong>the</strong> pound weight.Coining irons for Irish moneys, to <strong>the</strong> number <strong>of</strong> 421 dozen<strong>and</strong> one, cost 7 s 6 d <strong>the</strong> dozen.A st<strong>and</strong>ard trial piece for <strong>the</strong> same coinage, 8 10 s 8 d .Paid to <strong>the</strong> master-workers for making 89,444 lbs 10 OZ 15 dwt<strong>of</strong> " white Irish " at 20 d <strong>the</strong> pound weight, 7453 14 s 10 d .And for making 36,177 lbs <strong>of</strong> copper moneys at 22 d ,3316 4 6 d .(It will be noticed that <strong>the</strong> quantities for which paymentwas actually made are less respectively than those set outin <strong>the</strong> earlier part <strong>of</strong> this account ; probably <strong>the</strong> differencesrepresent waste in coining.) (Declared Accounts, PipeOffice, 2030.)<strong>The</strong> reckoning prepared by Sir Eichard Martin <strong>and</strong>his son repeats <strong>the</strong> figures last mentioned in <strong>the</strong>warden's account, <strong>and</strong> makes a claim for certainallowances in addition to <strong>the</strong> fixed scale <strong>of</strong> paymentsfor <strong>the</strong> Irish work :i2

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