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An Inquiry Into the Nature and Causes of the Wealth of Nations

Note 37 — Part I.—Of the Unreasonableness of those Restraints, even upon the Principles of the Commercial System.

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The following are the prices at which the bank of Amsterdam at present (September 1775) receives bullion and coin of different kinds:

SILVER.

Mexico dollars} Guilders. B—22 per mark.

French crowns

English silver coin

Mexico dollars, new coin 21 10

Ducatoons3 0

Rix-dollars2 8

Bar silver, containing 11-12ths fine silver, 21 per mark, and in this proportion down to 1-4th fine, on which 5 guilders are given.

Fine bars, 28 per mark.

GOLD.

Portugal coin} B—310 per mark.

Guineas

Louis d'ors, new

Ditto old300

New ducats 4 19 8 per ducat.

Bar or ingot gold is received in proportion to its fineness, compared with the above foreign gold coin. Upon fine bars the bank gives 340 per mark. In general, however, something more is given upon coin of a known fineness, than upon gold and silver bars, of which the fineness cannot be ascertained but by a process of melting and assaying.

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