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1797.
Coinage
March 7.
Boulton
Mr Boultons halfpenny
| Copper is now per Ton | £106 |
| Striking will Cost | 42 |
| 148 | |
| The Tale value of 100 will be | 159 |
Halfpence intermediate
Ten years ago the Mint gave it as their opinion that there were then in circulation about 1500 tons of copper in good halfpence worth 322,000 pounds & that there then were as many bad halfpence.
New die
Mr Boulton says the counterfeiters in his neighborhood were never so active as at present that the Royal Copper Co sell 300 tons a year & then it will take a month or 6 weeks to engrave a new die. When it is done he can coin 3 tons of copper a day into 230,000 halfpence & consequently 18 tons in a week.
Mr Boulton says that the Anglesey pence were never so saleable as the halfpence.
Price of Coining the East India's Coins
E India Coins
For Bombay
largest size /4¼ @ £39.13.4 per Ton
Second - /4½ @ 42
Third - /5 - 46.13.4
Coin for the Coast - 42
Mr.Boulton to deliver the Coins at London by water carriage.
The E.I.C [East India Company] have 50 Tons of Coast halfpence which they can spare to government & will take back when they have been used, they weigh 210 gns & yield a profit by Tole of 16 per Ct. upon the Price of Copper & workmanship.