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1862-12-01 Page 02

Statutes made at Westminster, Anno 3 Hen. 6. and Anno Domini, 1424 
Chap. XII. 
Duty of the Kings Assayer Controler & Master of the Mint. 
Item, To the intent that the more bullion may be brought to the Mint, and that great plenty of white money be made and currant within the Realm, for the ease & profit of the Comminalty of the same, it is ordained and established, That the Master of the Mint shall keep his allay in the making of white money, according to the form of his Indenture.(2) And that the same Master receive of every person that shall bring any silver to the Mint, the same money at the true value as it is worth according to the same allay upon pain to pay to the party his double damages:(3) And also to the intent that this Ordinance may the better and more justly be observed, it is ordained that the Kings Assayer, which is a person indifferent betwixt the Master of the Mint and the Merchant, and also the Controller of the Mint, shall be present when any such bullion of silver is brought to the Mint to the intent that the said Assayer may rightfully set the value of the same according to the Law, in case of variance betwixt the Master and the Merchant, and the Controuler to controul as well silver that is brought to the said Mint, as carried out of the same, every two days faithfully and indifferently to do their duty, without taking any regard other than the fee which they shall take of the King upon pain to yield double damages as afore is said.(4) And that the Assayer and Controuler be credible, substantial, and expert men, having perfect knowledge in the Mystery of Goldsmiths and of the Mint.(5) And also that neither the Master of the Mint, nor the Exchanger for the time being, sell nor cause to be sold, nor  alien to any other use but to the coin, no manner of Gold nor of Silver wrought or unwrought, coined or not coined, or bullion which is brought to the Mint, or to the Exchange, but apply the same

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Statutes made at Westminster, Anno 3 Hen. 6. and Anno Domini, 1424 Chap. XII. Duty of the Kings Assayer Controler & Master of the Mint. Item, To the intent that the more bullion may be brought to the Mint, and that great plenty of white money be made and currant within the Realm, for the ease & profit of the Comminalty of the same, it is ordained and established, That the Master of the Mint shall keep his allay in the making of white money, according to the form of his Indenture.(2) And that the same Master receive of every person that shall bring any silver to the Mint, the same money at the true value as it is worth according to the same allay upon pain to pay to the party his double damages:(3) And also to the intent that this Ordinance may the better and more justly be observed, it is ordained that the Kings Assayer, which is a person indifferent betwixt the Master of the Mint and the Merchant, and also the Controller of the Mint, shall be present when any such bullion of silver is brought to the Mint to the intent that the said Assayer may rightfully set the value of the same according to the Law, in case of variance betwixt the Master and the Merchant, and the Controuler to controul as well silver that is brought to the said Mint, as carried out of the same, every two days faithfully and indifferently to do their duty, without taking any regard other than the fee which they shall take of the King upon pain to yield double damages as afore is said.(4) And that the Assayer and Controuler be credible, substantial, and expert men, having perfect knowledge in the Mystery of Goldsmiths and of the Mint.(5) And also that neither the Master of the Mint, nor the Exchanger for the time being, sell nor cause to be sold, nor alien to any other use but to the coin, no manner of Gold nor of Silver wrought or unwrought, coined or not coined, or bullion which is brought to the Mint, or to the Exchange, but apply the same