A Treatise On The Coins Of The Realm; In A Letter To The King

Paperback | February 8, 2012

byCharles Jenkinson Liverpool

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1805 Excerpt: ... tors, whether they would accept of the proposal made for this reduction, or be paid their capital: at that time, therefore, a new contract musl be understood to have been made with these creditors; and it could then have been made only in the Coins, which were at that time the principal measure of property, that is, the Gold Coins. Having now completed all that I meant to offer on the principles of Coinage, and on the new system, which, in my. judgment, ought to be adopted; and having endeavoured to answer the objections, which may be made to it, I will proceed to apply these principles more in detail, to the several sorts of Coin, whether made of Gold,, Silver, or Copper, and I will shortly treat of each of them. The Gold Coins are the first in rank, and by far the most valuable of those which are current in Your Majesty's dominions. It is impossible to estimate, with any degree of accuracy, what may be the present quantity of them in circulation; we have not sufficient data, on which to found any reasonable calculation. There was indeed a time, when these might, in a certain degree, have been obtained: I allude to the general Recoinage of the Gold Coin, which commenced in the year 1774. A short time previous to this Recoinage, the Directors of the Bank had sent Ingots of Gold to the Mint, amounting in weight to 20,337 lbs. which produced in Coin Q50,245l. These Coins however were reserved in the coffers of the Bank, and not delivered to the public till the general Recoinage was completed. During this Recoinage the said Directors sent to the Mint Ingots of foreign Gold, amounting in weight to 62,033 lbs. which produced in Coin 2,898,49ll. In the course of the general Recoinage, the old and defective Gold Coins, that were brought to the Mint to be recoined,...

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1805 Excerpt: ... tors, whether they would accept of the proposal made for this reduction, or be paid their capital: at that time, therefore, a ne...

Format:PaperbackDimensions:74 pages, 9.69 × 7.44 × 0.15 inPublished:February 8, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217340873

ISBN - 13:9780217340878

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