The Worshipful Company of Goldsmiths

Total Page:16

File Type:pdf, Size:1020Kb

The Worshipful Company of Goldsmiths The Worshipful Company of Goldsmiths L. B. Hunt Johnson Matthey & Co., Limited, London One of the oldest and greatest of the Livery Companies of London, the Worshipful Company of Goldsmiths has a long and continuous history of devotion to the goldsmiths' craft. It still binds apprentices as in the Middle Ages to ensure high standards of workmanship, administers the hall-marking laws and safeguards the quality of the national coinage, while in modern times it takes an active part in bringing the science of metallurgy to bear upon the work of the industry it so nobly represents. By the beginning of the twelfth century voluntary marks on the score of their having been formed associations or fraternities of master craftsmen, band- without the permission of the Crown (1). Despite this ed together for mutual protection, had become apparent royal disapprobation, the leading master- established in many towns and cities of Western göldsmiths of the time were then — and for centuries Europe. A rapid growth in population, a general ex- to come — without doubt of vital importance both to pansion in trade and the development of villages into the Crown and to the governance of London. towns — often with the workers in a particular craft The fineness of the coinage was closely interwoven living in the same street — all tended to encourage with that of the wares made by the practising this kind of organisation, which combined a goldsmiths, if only to prevent the melting down of charitable and often a religious element with a system coin, and to keep the two firmly in line the skills and of apprenticeship to ensure that only those qualified knowledge of the organised goldsmiths were essential to practice their craft were allowed to do so. Over the centuries many of these fraternities or gilds have disappeared, but in England quite an astonishing number survive as the Livery Companies of the City of London. Almost the oldest of these is the Worshipful Com- pany of Goldsmiths, and it is one of the very few such successors to the original gilds that can show a record of continuous activity in the protection and welfare of its craft. No written records exist to establish the date of for- mation of the Goldsmiths, but that they constituted a fairly wealthy organisation of some importance and long standing well before 1180 is certain from an en- try in the Pipe Rolls of Henry II. In that year the Gild of Goldsmiths was fined the considerable sum of 45 The coat of arms of the Worshipful Company of Goldsmiths shows in the first and fourth quarters a leopard's head — the first hall-mark instituted in 1300 by Edward I — and in the second and third quarters a covered cup with two round buckles or brooches to represent the workers in large pieces of plate and in smaller items of jewellery respectively. The Company had displayed arms certainly as long back as 1470, but this is the earliest representation in their possession, taken from their Book of Ordinances of 1513 94 to the Exchequer and to the mints, of which there was Mint. At this time there was no gold coinage in still quite a number up and down the country until England, but in 1257 Henry III introduced a `penny' the end of the twelfth century. The fire assaying of in fine gold; this was speedily withdrawn, however, the coinage probably goes back to the time of the Nor- after protestations from the citizens of London and man Conquest, but the first record we have of this the reappearance of gold coinage was delayed for long established procedure comes just before Henry many years. II — the great architect of a stable and prosperous A more public trial of the money took place in England following the anarchy and misrule of the 1279, when Edward I commanded the barons of the previous twenty years — initiated a complete re- Exchequer to take with them Gregory de Rokesle — a coinage of the silver pence in 1180. A year or two Goldsmith for many years Mayor of London and earlier his Treasurer, Richard Fitz Nigel, compiled a from 1279 to 1291 both Warden of the Mint in the practical treatise, Dialogus de Scaccario — Discourse Tower of London and Keeper of the Exchange — and on the Exchequer — which included an account of the `to make the assay in such manner as the King's assay: Council were wont to do' (5). The assay was again carried out in the presence of the King and his Coun- `The pence are then again counted in the presence of the Melter and of the persons sent by the Barons, and are handed cil, and this formal trial was now made a regular to the Melter. He takes them, counts them with his own hands, obligation, sample coins to be set aside in the Pyx and arranges them in an ash cupel in the furnace. He then, chest. The word `Pyx' is of Roman origin, stemming following the rules of his art, melts them into an ingot, fusing and refining the silver.' (2) from the Greek 'Puxis' — a box — and the Pyx chests containing the sample coins for assay were kept in the This `trial' of the coinage was to develop gradually in- Pyx Chapel of Westminster Abbey along with the to a much more elaborate and dignified procedure in standard trial plates of coin fineness until well into which the Worshipful Company of Goldsmiths came the nineteenth century. to play the principal role, but in the meantime their Control of Coinage and of the leading members, many of them already aldermen, the Goldsmiths Craft were acquiring positions of great authority in Lon- don. When Richard I, before he left for the Second In 1299 Edward I completed a further re-coinage, Crusade at the end of 1189 after only four months and a year later promulgated a set of regulations in his realm, instituted the office of Mayor of Lon- covering the work of the goldsmiths. They were not don, together with two sheriffs, it was a Goldsmith, to use any gold which was `worse than the touch of Henry Fitzailwin, who first held this high office (3) Paris' (19 1/5 carat; reference to a foreign standard and continued to hold it until his death in 1212. From was necessary because there were then no English then onwards many Goldsmiths have held office as gold coins) and the wardens of the Goldsmiths Com- Mayor (the title of Lord Mayor did not come into use pany were to until the 16th century) and as sheriffs, and it was men 'go from shop to shop amongst the workers, assaying that their of this calibre who were not only prominent in their gold be exactly like the aforesaid touch, and if they find any trade and in its regulation but were in close associa- piece worse than the touch, that piece shall be forfeit to the King.' tion with the court and the Exchequer as well as with the Mint, which by 1300 was virtually confined to Silver articles, which were to be of the sterling stan- London. dard of finess, were similarly not to leave the maker's By 1247, in the reign of Henry III, it had become shop before they had been assayed by the wardens necessary to undertake a complete re-coinage of the and marked with the leopard's head. This was the silver penny which had survived for some sixty seven first hall-mark, known initially as the King's mark, years and four reigns and had suffered intolerably and it was used alone until 1363, later when other from the practice of clipping. In the following year, assay offices were established, becoming the mark for before this massive operation was complete, the wares assayed in London where it is of course still in mayor and citizens of London were commanded to use. choose Thus the practices of the trade of the goldsmith were placed firmly and legally under the control of `twelve of the more discreet and lawful men of our city of Lon- don and join them with twelve good goldsmiths of the same the wardens, but unfortunately the succession of Ed- city.. to examine upon oath both the old and the new money ward II on his father's death in 1307 opened a period of our land, and make provision how it may be bettered; and of uncertainty, with much clipping of coins, the im- that it is made of good silver, and that it is lawful and for the good of the realm' (4). portation of inferior foreign coins and an insufficient supply of money from the Mint. For some years the The assay was carried out in the presence of the Goldsmiths suffered a degree of uneasiness, but when King, the King's Council and the Warden of the their opportunity came they acted with great alacrity. 95 Goldsmiths' Row in Cheapside, then the most splendid street in London, and often known simp- ly as 'The Street' as depicted in 1547, with part of the coronation procession of Edward VI. In his 'Survey of London', published in 1598, John Stow described the building of `the most beautiful frame of fair houses and shops within the walls of London or elsewhere', built by Thomas Wood, goldsmith and one of the sheriffs of London, in the year 1491. Reporting home to his senate in 1497, the Venetian am- bassador wrote: 'In one single thoroughfare, named The Street, leading to St.
Recommended publications
  • Royal Mint Trading Fund Annual Report | 2011-12
    Royal Mint Trading Fund Annual Report | 2011-12 Making Money for Everyone Royal Mint Trading Fund Annual Report and Accounts 2011-12 Presented to the Parliament pursuant to section 4(6) of the Government Trading Funds Act 1973 as amended by the Government Trading Act 1990 Ordered by the House of Commons to be printed on 5 July 2012 HC 264 | London: The Stationery Office | £ 21.25 © Crown copyright 2012 You may re-use this information (excluding logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit http://www.nationalarchives.gov.uk/doc/open-government-licence/ or e-mail: [email protected]. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Any enquiries regarding this publication should be sent to us at the Office of Public Sector Information, Information Policy Team, Kew, Richmond, Surrey TW9 4DU or email: [email protected]. This publication is available for download at www.official-documents.gov.uk. This document is also available from our website at www.royalmint.com. ISBN: 9780102976519 Printed in the UK for The Stationery Office Limited on behalf of the Controller of Her Majesty’s Stationery Office ID 2486320 06/12 Printed on paper containing 75% recycled fibre content minimum. Annual Report and Accounts 2011-12 The Royal Mint Trading Fund Royal Mint Trading Fund Accounting Officer is Jeremy Pocklington The Royal Mint Limited Directors The Royal Mint Museum
    [Show full text]
  • The Earldom of Kent from C. 1050 Till 1189
    The earldom of Kent from c. 1050 till 1189 Colin Flight In the 1160s, when the sheriff of Kent presented himself at the Exchequer, there were three accounts which he was required to settle every year: ‘the farm of the county’ (firma comitatus), ‘the farm of the county by tale’ (firma comitatus numero), and ‘the farm of the land of the bishop of Bayeux’ (firma terre episcopi baiocensis). The first account was reckoned blanch,1 the other two both numero, ‘by tale’. During the first few years of the new reign, it seems to have been uncertain exactly how much the sheriff was answerable for, as far as the second and third accounts were concerned. By about 1160, any doubts had been resolved, and from then onwards the totals 1 remained constant: £412 7s. 62 d. blanch for the farm of the county, £165 13s. 4d. for the farm of the county by tale, £289 13s. 7d. for the farm of the land of the bishop of Bayeux. The sheriff had to produce this money; or else he had to explain, item by item, why he should not be required to pay the full amount. As they appear on the pipe rolls,2 the first two accounts are mixed up together, with blanch and numero items interspersed. Confusing though this may seem to us, the Exchequer was accustomed to dealing with complications of this kind: it seems almost to have enjoyed them. The two accounts were treated as components of a single 1 For an explanation of this term the reader may wish to consult the appendix (below, p.
    [Show full text]
  • Annual Report of the Director of the Mint
    - S. Luriºus vsº ANNUAL REPORT Of the Director of the N/int for the fiscal year ended June 30, 1970. ANNUAL REPORT of the Director of the Mint for the fiscal year ended June 30 1970 DEPARTMENT OF THE TREASURY DOCUMENT NO. 3253 Director of the Mint U.S. GOVERNMENT PRINTING OFFICE WASHINGTON : 1971 For sale by the Superintendent of Documents, U.S. Government Printing Office Washington, D.C. 20402 - Price $1 (paper cover) Stock Number 4805–0009 LETTER OF TRANSMITTAL DEPARTMENT OF THE TREASURY, BUREAU OF THE MINT, Washington, D.C., April 29, 1971. SIR: I have the honor to submit the Ninety-eighth Annual Report of the Director of the Mint, since the Mint became a Bureau within the Department of the Treasury in 1873. Annual reports of Mint activities have been made to the Secretary of the Treasury since 1835, pursuant to the act of March 3, 1835 (4 Stat. 774). Annual reports of the Mint have been made since it was established in 1792. This report is submitted in compliance with Section 345 of the Revised Statutes of the United States, 2d Edition (1878), 31 U.S.C. 253. It includes a review of the operations of the mints, assay offices, and the bullion depositories for the fiscal year ended June 30, 1970. Also contained in this edition are reports for the calendar year 1969 on U.S. gold, silver, and coinage metal production and the world's monetary stocks of gold, silver, and coins. MARY BROOKs, Director of the Mint. Hon. JoHN B. Con NALLY, Secretary of the Treasury.
    [Show full text]
  • The Gold Metallurgy of Isaac Newton
    The Gold Metallurgy of Isaac Newton E. G. V. Newman The Royal Mint, London The science of metals had always appealed to Isaac Newton and when, after the conclusion of his remarkable contributions to mathe- matics and physics, he was invited to take charge of the Royal Mint in London he was able not only to display his great gifts as an administrator but also to exercise his interest in metals and alloys and particularly in the metallurgy of gold. For over thirty years Isaac Newton lived the been accorded him for his scientific work despite the secluded life of a scholar. As undergraduate and later endeavours of his friends Samuel Pepys, John Locke Fellow and Professor at Cambridge he was shy and and Christopher Wren to secure for him a public post reserved, careless of his appearance and even more worthy of his stature. He returned to Cambridge and careless of his eating habits. This period came to a there busied himself with experimental work in triumphant conclusion, of course, with the publication chemistry and metallurgy. of the Principia in 1687. It was not until 1696 that an easement came about For a further period of thirty years, apparently by in the form of an appointment that was to effect a an astonishing transformation, Newton served his complete change in his way of life and his financial country as a highly able public official and also as the welfare. This came through the good offices of an leader of the scientific community. The achievements old friend from his undergraduate days at Trinity and the glory of the former period have not un- College whom he had re-encountered as a fellow naturally overshadowed the latter half of his working Member of Parliament, Charles Montagu.
    [Show full text]
  • Arise Sir Isaac! Newton's London Career
    26 February 2020 Arise Sir Isaac! Newton’s London Career Dr Patricia Fara This lecture is based on Patricia Fara’s forthcoming book, to be published by Oxford University Press in 2021. The Indian Emperor. Or the Conquest of Mexico. As performed in the year 1731 in Mr Conduitt’s, Master of the Mint, before the Duke of Cumberland &c. Act 4, Scene 4 by William Hogarth (1731-2) Isaac Newton is celebrated throughout the world as a great scientific genius who conceived the theory of gravity and revolutionized optical science. But in his early fifties, he abandoned his life as a reclusive scholar at Cambridge to spend three decades in London, a long period of metropolitan activity that is often overlooked. Enmeshed in Enlightenment politics and social affairs, Newton engaged in the linked spheres of early science and imperialist capitalism. Instead of the quiet cloisters and dark libraries of Cambridge’s all-male world, he now moved in fashionable London society, which was characterised by patronage relationships, sexual intrigues and ruthless ambition. An eminent Enlightenment figure who had twice served as an MP, Newton liaised with international visitors and mingled among elite circles of the Hanoverian aristocracy. Knighted by Queen Anne, and a close ally of the influential Earl of Halifax, Newton occupied a powerful position as President of London’s Royal Society. He also became Master of the Mint, responsible for the nation’s money at a time of financial crisis and himself making and losing small fortunes on the stock market. A major investor in the East India Company, Newton benefited from the global trading networks that relied on selling African captives to wealthy plantation owners in the Americas and was responsible for monitoring the import of African gold to be melted down for English guineas.
    [Show full text]
  • The 1787 Shilling - a Transition in Minting Technique H.E
    THE 1787 SHILLING - A TRANSITION IN MINTING TECHNIQUE H.E. MANVILLE AND P.P. GASPAR '1787. In this year a feeble attempt was made to supply the want of Silver Money by a coinage of that metal. But it appears as if the directors of Mint affairs had exhausted all their powers in the restoration of the Gold Coins, for after an issue of about seventy or eighty thousand Pounds, in Shillings and Sixpences, the coinage of Silver was stopped.'1 'In the year 1787 the Bank coined £55,280 in New Silver, not with any intention of issuing it in gen- eral to the Publick, but only in small quantities to their Customers at Christmastime.'2 Introduction THE first statement , from Rogers Ruding's Annals (1817), represents a general impression held by numismatists: That the coinage of shillings and sixpences in 1787 was a feeble and short-lived attempt by the Government to begin to relieve the severe shortage of silver coins. The second quo- tation presents the true picture: That the coins were a private striking for the Bank of England, not intended for general circulation. This was a time of change in the techniques employed by the Mint for the manufacture of dies. The long-established use of individual letter punches to apply the inscription to each die was slow and inefficient, but could only be phased out when fully lettered punches became available. This required the raising of punches from fully lettered matrices. For a time of transition within the Mint, the study of one issue may fill in gaps in the available records.
    [Show full text]
  • The Sovereign – Setting the Gold Standard
    ALCHEMIST ISSUE SEVENTY SEVEN The Sovereign – Setting the Gold Standard By Victoria Newman, PR Communications Manager, The Royal Mint an attempt to restabilise the county’s currency, the British Government took the decision to adopt the gold standard. As a result of this Great Coinage of 1816, the value of Britain’s currency became tied to the value of gold and a new circulating gold coin with a value of 20 shillings was introduced – the Sovereign. Almost half the weight and diameter of the original Sovereign, the new gold coin of 1817 more than matched its predecessor in the beauty of its design. The Italian engraver Benedetto Pistrucci was given the task of designing the reverse image for this new 19th-century Sovereign and created his own classical depiction of St George and the Royal Mint Sovereign, obverse and reverse dragon to take pride of place on the coin. Whilst this now iconic design continues to be struck on Victoria Newman reviews the history of the Sovereign, the flagship gold Sovereigns today, its initial outing actually lasted coin of The Royal Mint, and one of the world’s most famous gold coins for only eight years before it was replaced by more conventional heraldic designs in 1825. with a rich and varied history that dates back for more than 500 years. Dr Kevin Clancy, Director of the Royal Mint Museum, stated: “The gold Sovereign was first introduced in 1489 when Henry VII instructed the Mint to produce ‘a new money of gold’, which would be the largest coin England had ever seen, both in size and value, making in the process a strong statement about his reign.
    [Show full text]
  • The Scottish Recoinage of 1707-9 and Its Aftermath Atholl
    THE SCOTTISH RECOINAGE OF 1707-9 AND ITS AFTERMATH ATHOLL. MURRAY1 THE Scottish recoinage of 1707-9 has been a neglected subject.2 Cochran-Patrick prints a few rel- evant documents but seems to have considered it outwith the scope of his Records of the Coinage of Scotland? It has received short shrift from historians of the English mint. Sir John Craig's Newton and the Mint does treat it at some length but is too dismissive of the contribution made by the Scottish mint personnel.4 This paper is concerned less with the coins than with the administra- tion that produced them, which worked well, despite a number of unforeseeable problems. Nevertheless, though the original project was completed successfully, it fell short of what was needed, leaving Scotland suffering from a shortage of small change for the rest of the eighteenth century. The recoinage was undertaken in fulfilment of Article 16 of the Treaty of Union: 'That from and after the Union, the coin shall be the same standard and value throughout the United Kingdom, as now in England.' The English commissioners had proposed this, linking it to the adoption of English weights and measures. The Scottish commissioners had put forward their own proposal that 'After the Union the Mint at Edinburgh be always continued under the same rules as the Mint in the Tower of London or elsewhere in the United Kingdom'.5 This was incorporated in Article 16, its effect being to put the Edinburgh mint on an entirely different footing from the temporary country mints set up for the English recoinage.
    [Show full text]
  • British Gold Sovereigns
    A Comprehensive Guide to the Gold Price British Gold Sovereigns A Comprehensive Guide to British Gold Sovereigns Table of Contents __________________________________ Introduction ..................................................................................................................... 2 Dimensions and Physical Specifications .................................................................. 3 Description and Design ............................................................................................. 3 Historical Sovereigns ................................................................................................. 5 Manufacturing .............................................................................................................. 7 The Sovereign as a Circulating Currency ................................................................. 9 Universal Money .......................................................................................................... 9 Tax Exemptions on Sovereigns ................................................................................. 10 EU-Wide VAT exemption ........................................................................................ 10 UK Capital Gains Tax (CGT) exemption .............................................................. 10 Why Own Gold Sovereigns ......................................................................................... 12 Contact GoldCore ................................................................................................
    [Show full text]
  • Arthur Agarde, Elizabethan Archivist: His Contributions to the Evolution Of
    THE AMERICAN ARCHIVIST Arthur Agarde, Elizabethan Archivist: His Contributions to the Evolution of Downloaded from http://meridian.allenpress.com/american-archivist/article-pdf/61/1/56/2749714/aarc_61_1_j347t26600p5246q.pdf by guest on 24 September 2021 Archival Practice Maggie Yax Abstract In his various capacities as deputy chamberlain of the Exchequer, antiquary, scholar, and writer, Arthur Agarde (1540-1615) played an integral role in Elizabethan society—a society in which recordkeeping activities and use certainly reflected the political climate. The rise of England as a nation-state not only created a spirit of insular nationalism but also en- gendered political, religious, and legal controversies. During this era, antiquarian scholars increasingly consulted Britain's vast accumulation of documents to research the past and help settle debates. This dramatic growth in the use of historical records pointed out the need for improved recordkeeping procedures. An examination of Agarde's life and career reveals his contributions to an evolving archival practice, especially in description, arrange- ment, and preservation. n 1540 Henry VIII was on the throne of England and the Abbey of Wal- tham had finally relinquished its property to the Crown.1 The dissolution of monasteries was nearing completion. That same year, Arthur Agarde, I 2 son of Clement, was born at Foston in Derbyshire. The details of his early life and education are not clearly known; however, speculations suggest he may have been educated at Cambridge3 and/or one of the Inns of Chancery.4 What is certain is that Agarde was educated for the law but left the legal profession for a career as clerk and deputy chamberlain in the King's Treas- 1 Roger Lockyer, Tudor and Stuart Britain 1471-1714 (New York: St.
    [Show full text]
  • A History of English Goldsmiths and Plateworkers
    ; 6HH G r~L D A AUBIF ABBOBUM. frjtoj of <fegl:b| (Solbsimtjjs anb |1httcborko, AND THEIR MARKS STAMPED ON PLATE P COPIED IN AC-SIMILE FROM CELEBRATED EXAMPLES J AND THE EARLIEST RECORDS PRESERVED AT GOLDSMITHS' HALL, LONDON, WITH THEIR NAMES, ADDRESSES, AND DATES OF ENTRY. 2,500 ILLUSTRATIONS. ALSO HISTORICAL ACCOUNTS OF THE GOLDSMITHS' COMPANY AND THEIR HALL MARKS; THE REGALIA; THE MINT; CLOSING OF THE EXCHEQUER GOLDSMITH-BANKERS; SHOP SIGNS; A COPIOUS INDEX, ETC. PRECEDED BY AN INTRODUCTORY ESSAY ON THE GOLDSMITHS' AET. BY WILLIAM CHAFFERS, AUTHOR OF " HALL MARKS ON GOLD AND SILVER PLATE," " L'ORFEVRERIE FRANCAISE," " MARKS AND MONOGRAMS ON POTTERY AND PORCELAIN " " THE KERAMIC GALLERY " (ILLUSTRATED), " THE COLLECTOR'S HANDBOOK OF MARKS AND MONOGRAMS ON POTTERY AND PORCELAIN," " PRICED CATALOGUE OF COINS," ETC. The Companion to "HALL MARKS ON GOLD AND SILVER PLATE," by the same Author. LONDON: W. H. ALLEN & CO., 13 WATERLOO PLACE. PUBLISHERS TO THE INDIA OFFICE. clo.Io.ccc.Lxxxin. All rights reserved.) : LONDON PRINTED BY W. H. ALL EX AND CO., 13 WATERLOO PLACE. 8.W. PKEFACE. The former work of the writer, entitled " Hall Marks on Gold and Silver Plate," has been so extensively patronised by the public as to call for six editions since the date of its first appearance in I860, supplying a most important aid to Ama- teurs and Collectors of Old Plate, enabling them to ascertain the precise date of manufacture by the sign manual of the Goldsmiths' Company, stamped upon it when sent to be assayed. That it has been generally appreciated is evident from the fact that it is to be found in the hands of every leading Goldsmith in the United Kingdom, as well as Amateurs and Possessors of family plate.
    [Show full text]
  • Isaac Newton and Currency Crime in Modern England
    The Counterfeit Presentment of Two Britons: Isaac Newton and Currency Crime in Modern England SAM HIEBENDAAL* Though I may seem to incurr the Censure of Vanity and Ostentation, by pretending to advance any thing New, on a Theme that hath already employ'd so many able Pens: Yet on an Impartial Perusal of all that is extant on this Subject, I doubt not but there will be found such ample Scope for so many Considerable Alterations and Additions as will render this Further Attempt not only Excusable but Necessary .... I I INTRODUCTION Isaac Newton published the Philosophi3Naturalis PrincipiaMathematica in 1687. He gave the world the three laws of motion, the theory of universal gravitation, and a remarkable advancement in the development of modern calculus. The PrincipiaMathematica alone ensured that Newton would be noted as "one of the tiny handful of supreme geniuses who have shaped the categories of the human intellect, a man not finally reducible to the criteria by which we comprehend our fellow beings".' One would have forgiven him for retiring after that. Yet Newton's exploits did not end in 1687, and they were not limited to the scientific and philosophic worlds. As Warden of the Royal Mint, he made considerable contributions to the legal sphere by prosecuting 'coiners' and 'clippers' during a perilous period for the stability of the Kingdom, and when the King's currency was vulnerable to threats both internal and external. Over this article's eight Parts, Newton's adventures into the law are discussed. In Part II, the social context that made coining and clipping rampant is explored.
    [Show full text]