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Updated: June 7, 2025
According to the Order in Council, issued in March of last year, the Mint-Board, the contract with the melter, and the moneyers' privileges, were all abolished, and a new system of business introduced.
It was proposed to send to France for Peter Blondeau, who had invented and improved a machine and method for making all coins 'with the most beautiful polish and equality on the edge, or with any proper inscription or graining. He came on the 3rd of September, and although a Committee of the Mint reported in favour of his method of coining, the Company of Moneyers, who appear to have boasted of the success of their predecessors in opposing the introduction of the mill and screw-press in Queen Elizabeth's reign, prevented the introduction of the machinery, and consequently he did not produce pattern pieces until 1653 . . . . It is certain that Blondeau did not invent, but only improved the method of coining by the screw-press, and I believe his improvements related chiefly to a method for 'rounding the pieces before they are sized, and in making the edges of the moneys with letters and graining, which he undertook to reveal to the king.
F. B., sir, has a station in the world; F. B. moves among moneyers and City nobs, and eats cabobs with wealthy nabobs. He may marry, sir, and settle in life." We cordially wished every worldly prosperity to the brave F. B. Happening to descry him one day in the Park, I remarked that his countenance wore an ominous and tragic appearance, which seemed to deepen as he neared me.
He writes, "The hammer was still retained for coining in the Mint in the Tower of London, but the question of the adoption of the screw-press by the Moneyers appears to have been revived in 1649, when the Council of State had it represented to them that the coins of the Government might be more perfectly and beautifully done, and made equal to any coins in Europe.
If the wife of a burgher brewed his ale, he paid tenpence. The smith who kept a forge had to make nails from the king's iron. In Hereford, as in other cities, there were moneyers, or coiners. There were seven at Hereford, who were bound to coin as much of the king's silver into pence as he demanded. At Cambridge the burgesses were compelled to lend the sheriff their ploughs.
If the pound was worth but ten shillings in the market, no doubt the sheriff only took it for ten shillings in his court. Practically each tax, each due, must have been at least doubled, and the sheriff himself was at the mercy of the Exchequer moneyers. There was but one way to remedy the evil, by securing the purity of the coin, and twice during his reign Henry made this his special care.
It was proposed to send to France for Peter Blondeau, who had invented and improved a machine and method for making all coins 'with the most beautiful polish and equality on the edge, or with any proper inscription or graining. He came on the 3rd of September, and although a Committee of the Mint reported in favour of his method of coining, the Company of Moneyers, who appear to have boasted of the success of their predecessors in opposing the introduction of the mill and screw-press in Queen Elizabeth's reign, prevented the introduction of the machinery, and consequently he did not produce pattern pieces until 1653.... It is certain that Blondeau did not invent, but only improved the method of coining by the screw-press, and I believe his improvements related chiefly to a method for 'rounding the pieces before they are sized, and in making the edges of the moneys with letters and graining, which he undertook to reveal to the king.
The remedies are an allowance of one sixth of a carat, or forty grains, in the pound weight of gold, and of two pennyweights in that of silver, considered either as to fineness or weight, or both of them taken together; the moneyers are, however, at this time so expert, that these quantities are much greater than are necessary. Society of Civil Engineers.
He writes, "The hammer was still retained for coining in the Mint in the Tower of London, but the question of the adoption of the screw-press by the Moneyers appears to have been revived in 1649, when the Council of State had it represented to them that the coins of the Government might be more perfectly and beautifully done, and made equal to any coins in Europe.
There were there moneyers and great oneyers , men of metal discounters and counters sharp, grave, prudential faces eyes weak with ciphering by lamplight men who say to gold, Be thou paper, and to paper, Be thou turned into fine gold. Many a bustling, sharp-faced, keen-eyed writer too some perhaps speculating with their clients' property.
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