'Item. There is one coin of half-groat, holding fine silver 4 oz. and 8 oz. of alloy, at 2s. the oz., makes the 12 oz. 24 shillings, and the fine silver 5s. 5½. the oz., makes 21s. 10d., and so is lost in every pound of his value two shillings, in every hundred pounds 10l., in every thousand 100l.
'There is one coin of 6d. holding fine silver 8 oz. and 4 oz. of alloy, at 4s. the oz., makes the 12 oz. 48 shillings. The fine silver 5s. 5½d. the oz., makes 43s. 8d., and so is lost of the current value of this coin in every pound two shillings, in every hundred pounds 10l.
'Item. There is one coin of 6d. holding fine silver 6 oz. and 6 oz, of alloy, at 3s. the oz., makes the 12 oz. 36s., the fine silver at 5s. 5½d. the oz., makes 32s. 9d., and so is lost in every pound in this coin two shillings, in every hundred pounds 10l., and in every thousand 100l.
'Item. There is one coin of 6d. holding fine silver 3 oz. and 9 oz. of alloy, at 3s. the oz., makes the 12 oz. 36s., the fine silver at 5s. 5½d., makes 16s. 4½d., and so is lost in every pound eleven shillings, in every hundred 55l., and in every thousand 550l.
'Item. Our moneys or pence called the Rose pence, holding fine silver 4 oz. and 8 oz. of alloy, at 40d. the oz., makes the 12 oz. 40s., the fine silver 5s. 5½d., makes 21s. 10d., and is lost of every pound of his current value 9s. 1d., in every hundred pounds 46l. 5s., in every thousand 462l. 10s.
'And so the worst of the said moneys doth huy and sell the host, and will, till all come to one uniform, and the prices of everything to run upon the worst of our moneys to the great decay of all things, which coins may be converted to one uniform after the moneys in Flanders to the King's Majesty's great advantage, and no loss to the commons in the converting of the same, and all things by the same to come to a clear price, and the true value of the coins to be perfectly known; which, if it be your honour's pleasure to license me to make thereof, I doubt not but it shall appear unto your honours worthy the exercise.'