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London’s Market for Bullion and Specie in the Eighteenth Century: The Roles of the London Mint and the Bank of England in the Stabilization of Prices

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Money, Prices and Wages

Part of the book series: Palgrave Studies in the History of Finance ((PSHF))

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Abstract

A public market for bullion and foreign coins flourished in London for most of the eighteenth century. Prices were published by Houghton (1969) and Freke,1 but Castaing’s Course of the Exchange provides a remarkable record over an extended period.2 Professor Mayhew encouraged us to study these prices when he was Director of the Winton Institute for Monetary History at the Ashmolean Museum. It is therefore a great pleasure to report some of the results of this project in this volume.

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© 2015 Anthony C. Hotson and Terence C. Mills

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Hotson, A.C., Mills, T.C. (2015). London’s Market for Bullion and Specie in the Eighteenth Century: The Roles of the London Mint and the Bank of England in the Stabilization of Prices. In: Allen, M., Coffman, D. (eds) Money, Prices and Wages. Palgrave Studies in the History of Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137394026_13

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