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[Page 2]
A Statement of the cost of coining copper into halfpence & Farthings at his Majesties mint in the Tower 1782.
| 1. | Cost of converting Cake Copper into Fillets by hot rolling Per Ton | £18. 0. 0. | ||
| 2. | Charge for manufacturing these Fillets into |
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| To the Moneyers | £25.13.4 | |||
| The Die Forger | 2. 6.8 | |||
| The Engraver | 2. 6.8 | |||
| The Assay master | 0. 5.0 | |||
| The Weigher | 0. 5.0 | |||
| The Deliverer | 0. 5 0 | 31. 1. 8 | ||
| 3. | Total amount of the charge of manufacture per Ton | £149.1.0 | ||
| 4. | Amount of officers fees chargd on copper coinage Per Ton | |||
| To the master | 9. 2. 4 | |||
| The Deputy Master | 1 .0. 0 | |||
| The deputy Warden | 0.16.0 | |||
| 10.18.4 | ||||
| 5. | Total amount of the charge of fees & manufacture | 60.0.0 | ||
| 6. | Premium to the Purchaser to promote circulation being £21 per Tole of Copper coin given for £20 cash or 5 Per ct. on the value of £211.10. a Ton of coins | 10.11.0½ | ||
| 7. | Total cost of manufacture Fees & Circulation | 70.11.0 |
Besides these charges the public pays for fuel, for Tools of all kinds for cutting out Blanks & annealing the metal etc, for casks for presses, & provides also proper offices for carrying on the business & warehouse Room for the copper & the coin when finished & casks for packing it & moreover should the copper coinage be actualy coined or in the tower, where it is sold, that by stopping every other kind of coinage 600 tons a year might be coind, the whole of the salaries of the officers & the incidental charges of buildings &c of which some new ones would be requird, must be placd to the Copper Coinage account.