: 525.657d. the sterling value in British gold of one eagle: hence, that of the dollar is 52.5657d. or 4s. 4.5657d. Again: the standard fineness of British silver is 37: therefore, 1oz. of it must contain 444 grains pure and 36 grains alloy, and is minted into 5s. 6d. or 66 pence. The United States' and Spanish dollar contain 371 grains pure and 443 grains alloy, the fineness in each being 1485: therefore, as 444 66, or 74: 11 :: 371.25: 55.1858—4s. 7.1858d. the value of the dollar in sterling silver: hence, as 52.5657 55.1858 :: 100 104.985, or 5 per centum nearly, the difference of its value in sterling gold and silver. Again: as 11: 74: 240d.: 1614.5444 grains of pure silver in one pound sterling or British sovereign. Again: since 4s. 6d. is of a pound sterling, it will be as: 1 :: 1 : 4.444, differing from the estimated par of one pound $4,44, by 4 per centum; and as 66d. : 54d. :: 444 : 363 grains pure silver in 4s. 6d. which is 743, almost 8 grains less than 371 grains, the quantity in one dollar. As 113.0016: 1614.5454 :: 1:14.288, the ratio of the value of silver to gold in the British monetary system; and as 24.75 : 371.25 :: 1 : 15, the ratio of the same in the coins of the United States. Therefore, it will be as 14.288: 15 :: 100 105 or more than 5 per cent. difference in the comparative values of silver. Again: as 416 480:: $1 15.38 : $1.2929, the value of 1 oz. do. pure silver: hence, 1 grain of these is value for .002404 and .0026936 of a dollar, respectively. Also, as 247.5: 440 ::$10 $173, the value of one ounce United States' gold; and as 11: 12 :: 177: $1913, the value of one ounce do pure. Hence one grain is worth .040404. Again: as 113.0016: 440 :: £1 : £3 17s. 10d. the value of one ounce sterling gold; and as 11: 12 :: £3 17s. 10d. £4 4s. 11.45d. the sterling value of 1 oz. pure gold. Likewise, as 37 : 40 :: 66d. : 71}d.—5s. 111d. the value of one ounce pure silver in sterling money. The kilogramme is equivalent to 15434 grains Troy; and a kilogramme of French standard gold, fine, is minted into 77 forty-franc pieces of gold: hence, one gold franc must contain 4.48084 grains of pure gold: therefore, as 113.0016: 4.48084: 240d. 9.5167d. sterling, the British value of the gold franc in British gold. Again: the kilogramme of French standard silver, fine, is minted into 200 francs: hence, the pure silver in one franc is 69.453 grains; therefore, as 74: 11::69.453: 10.324d. the value of the silver franc in British silver. Lastly: as 247.5 4.48084: $10 1814 cents, the value of the gold franc in United States' gold; and as 371.25: 69.453: $118,7% cents, the value of the silver franc in United States' silver; and as 4.48084: 69.453 :: 1 : 15.5, the ratio of the value of silver to gold in the monetary system of France. The British copper penny is the twenty-fourth part of one pound avoirdupois, or of 7000 grains Troy: hence, one penny must weigh 2914 grains, and it is estimated 5 of our dollar: therefore, as 1d.: 54:: 2911 grains: 157 grains, the proportional weight of one cent. But the United States' cent weighs 208 grains, being nearly 502 grains more than its equivalent in British copper coin: that is, about 321 per centum; and as 208 : 7000 :: 1 : 3317 cents per pound Avoirdupois, the value of the copper; consequently, when the market price of copper exceeds 34 cents per pound, cents will disappear, as eagles and dollars do when their market price exceeds their mint value. A TABLE of silver coins, with the weight of pure silver in each, as determined by assays at the London and Paris mints, and their corresponding values in cents-3711 grains being worth one dollar. do. do. do. One-sixth Thaler of Jerome (1809) · Netherland Florin Sicilian Scudo do. Piece of 40 grains do. 20 do. Sierra Leone Company's 10 macutas do. piece of 5 macutas do. 43.7 11.771 - 148.4 39.973 - 357.9 96.404 - 348.2 93.791 - 117.5 31.650 59.1 15.919 do. 1 do. do. old Mexican Peceta (1736) do. Real of Mexican Plate (1746) do. Mexican dollar with globes (1765) 377.4 101.656 Madras (1818) 165.0 44.444 148.4 38.973 Dutch East India Guilder (1820) The numbers in the first column of the above table are taken from the table of coins in Kelly's Cambist, vol. ii. page 162; those in the second are formed by multiplying the respective numbers in the first by .26936, the value of 1 grain of pure silver according to the standard value of the United States' silver coin. [Treasury Reports. A TABLE containing the values of moneys of account of different nations, expressed in hundredths of the United States' silver dollar; with their equivalent weight of pure silver, as valued in the United States' standard coin. do. do. do. do. Bergamo Scudo of 7 lire Berlin Pound Banco do. Rix dollar courant Bern Ecu of 3 livres do. do. money of exchange Bolsano Florin giro of exchange Bremen Rix dollar courant Canary Isles Real courant Constantinople Piastre, or dollar of 1819 Denmark Rix dollar specie - 255.44 63.806 current - 270.70 68.915 - 270.70 68.915 England* Pound sterling do. Ducat, or Crown courant France Livre Tournois do. Franc (new system) Frankfort Rix dollar, convention money 1718.71 462.940 58.15 15.663 * Gold being the standard measure in England, the Pound sterling is $4.56.57 in United States' gold or silver-1 to 15. |