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Locke, John (1632-1704) Further Considerations Concerning Raising the Value of Money.

Auction:
3117B
Lot:
110
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Auction:
Books & Manuscripts - 3117B
Location:
Boston
Date / Time :
July 20, 2018 12:00PM

Description:

Locke, John (1632-1704) Further Considerations Concerning Raising the Value of Money. London: Printed for A. and J. Churchil at the Black Swan in Pater-Noster-Row, 1695. Second edition, octavo, untrimmed and bound in limp paper wrappers, with errata leaf bound at the end, some internal foxing, 7 x 4 1/2 in.

This work is a reply to William Lowndes's A report Containing an Essay for the Amendment of the Silver Coins, in which Locke opposes Lowndes's plan as Secretary of the Treasury to raise the nominal value of silver coinage as opposed to determining value by weight alone. Locke felt strongly that the amount of precious metal in a coin should be directly related to its value, taking into account the overall quantity of coin in circulation. Influx of foreign silver into Great Britain made Lowndes feel that a central bank should set the value of currency.

A-H8.
http://estc.bl.uk/R201949
Estimate $7,000-9,000


The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. Condition requests can be obtained via email (lot inquiry button) or by telephone to the appropriate gallery location (Boston/617.350.5400 or Marlborough/508.970.3000). Any condition statement given, as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. Skinner Inc. shall have no responsibility for any error or omission.

Keywords

William Lowndes, Locke, London, United Kingdom, Coin, Currency, Empiricists, Epistemologists, Foxing, Guilder, John Locke, Metaphysicians, One cent coin, Precious metal, United States dollar

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