Making a complete total, with odd amounts from various sources, and including imperial gold coins minted in 1877-78 but now no longer current, of 1,205,786 lbs. weight = £84,103,584.
SALES OF SILVER BY THE GERMAN GOVERNMENT FROM 1873 TO THE SUSPENSION OF THE SALES IN MAY 1879
SALES OF SILVER BY THE GERMAN GOVERNMENT FROM 1873 TO THE SUSPENSION OF THE SALES IN MAY 1879
| Date. | Pounds of Fine Silver. | Product. | Price Per oz. |
|---|---|---|---|
| Marks. | Pence. | ||
| 1873 | 105,923.372 | 9,296,682.77 | 59 5⁄16 |
| 1874 | 703,685.175 | 61,135,670.29 | 58 3⁄4 |
| 1875 | 214,898.594 | 18,208,449.08 | 57 1⁄4 |
| 1876 | 1,211,759.204 | 93,936,482.37 | 52 3⁄8 |
| 1877 | 2,868,095.533 | 230,424,238.51 | 54 5⁄16 |
| 1878 | 1,622,696.403 | 126,203,852.08 | 52 9⁄10 |
| 1879 | 377,744.712 | 27,934,417.89 | 50 |
| 7,104,895.993 | 567,139,992.99 |
The total silver withdrawn from circulation up to the close of 1880 was 1,080,486,138 marks.
Of this amount 382,684,841 marks were delivered to the Mint for coinage into the new imperial silver coins.
The remaining 696,797,069 marks were melted into silver and produced 7,474,644 pounds of fine silver. Of this quantity 7,102,862 were sold up to May 1879. The balance of unsold silver still in the hands of the Imperial Government is 339,353 pounds of fine silver.
England.
Charles II. began his regulation of the currency by the proclamation of 29th January 1661, fixing the coins to be current and their tariff. This proclamation was followed by another, of 10th June 1661, against