6i2 A. D. 1777. 



The following account of the gold coin circulating at the end of this 

 year is given by Mr. Rofe fecretary of the Treafury *. 



' In the year 1773, previous to the ad 14 Geo. Ill, c. 70, the Bank 

 of England was authorized to buy up by weight certain light gold at 

 flandard price ; and, by fubfequent proclamations after the ad, to ex- 

 change other deficient coin, as was therein fpecified ; and it appears 

 by the books of the Mint, that the gold fo bought and exchanged 

 was received there between the 25'" of Augufl 1773 and 10'" of June 

 1777, amounting in flandard weight to 326,298 lb, 1 oz, 8 dwt, 4 gr, 

 value - - - - X;i 5,246,279 



* In 1772 (the year preceding the com- 

 mencement of the great recoinage) the 

 Bank of ^ngland fent to the Mint, ingots 

 from foreign gold, in flandard weight 

 20,3371b; and, as no part of the money 

 into which it was coined, was ifTued from 

 the Bank before the recoinage took 

 place, its amount confequently made a 

 part of the new money produced within 

 the time of the recoinage, being - 950,245 



• The Bank alfo fent to the Mint in- 

 gots from foreign gold, within the time 

 of the recoinage from the year 1773 to 

 the end of 1777, in flandard weight, 

 62,033 lb : the coin produced therefrom 

 made a further part of new money i(- 

 fued within the fame period, amounting 

 to - - - - - 2,898,491 



' And there was alfo farther fent by the 

 Bank to the Mint, from 1 775 to the end 

 of 1 777, ingots from guineas (which ig- 

 norance or negled had prevented from 

 being brought in time to be exchanged 

 under the proclamations) making in 

 flandard weight 28,935 lb. This gold 

 was bought by the Bank, and fent to 

 the Mint, in ordinary courfe of coinage, 

 unattended with any other charge to the 

 public, and made a part of new money, 



* Other accounts were publlftied about this time, gold coin exported, or clandeftinely mehed, in tke 



which differ from that here given : but there can courfe of thefe years, which muft have fomewhat 



be no rcafon to doubt of the fuperior aHthenticity reduced the amount of co-exifting gold money at 



cf Mr. Rofe's. It may, however, be fubmitted, the end of the yean 777. 

 ■vrhether fome allowance fiiould not be made for 3' 



