Merchant enters into Persia, whether it be at Erivan or Tauris, where the Money is coyn'd, he is oblig'd to tell what Silver he carry's, to the end it may be melted down and stamp'd with the King's Stamp; under a great Penalty, if discover'd to be a concealer. But if a Merchant's affairs will not permit him to stay at Erivan, or at Tauris; and that he think it better to carry his Money to the Mint of Ispahan; 'tis but taking a Note from the Master of the Mint either at Tauris or Erivan, to attest that he has declar'd the truth of what he carries, and it is excuse enough.
But they that can cunningly carry their Silver to Erivan, when the Season is to go to the Indies, make a great profit of the Real; for the Merchants that go to the Indies will give them thirteen and a half, or fourteen Shayez a piece, for as many as they have. But there are few Merchants that carry their Silver to Ispa∣han; in regard the Masters of the Mints upon the Frontiers will be sure to present them with a good piece of Silver Plate, rather than let them carry away their Bullion to Ispahan, to have the benefit of Coynage themselves.
They that traffick into Guilan for Silks carry their Silver to Teslis, where the Master of the Mint gives them 2 per Cent. profit for their Silver. The reason is, because that which he gives them for it is a little sophisticated; but it passes currant all over Guilan.
In the third place, you must observe, That upon the pieces of Silver, as well for the King's Duty as the Coynage of the Money, there is requir'd 7 ½ per Cent. But upon the Copper Money, not above one half, or 1 per Cent. at most. Whence it comes to pass, that when a Workman has need of Copper, rather than lose time in going to buy it, he will melt down his Casbeke's.
There are four several pieces of Silver Coyn; Abassi's, Mamoudi's. Shaet's, and Bisti's: but as for the Bisti's, there are very few at present.
The Copper pieces of Coyn are call'd Casbeké, of which there are single and double.
The single Casbeké is worth five Deniers and a Half-peny of our Money.
The double Casbeké is valu'd at eleven Deniers.
Four single Casbeké's, or two double ones, make a Bisti.
Ten single Casbeké's, or five double ones, make one Shayet in value.
Two Shayet's make a Mamoudi.
Two Mamoudi's make an Abassi.
The Real or Crown of France is worth three Abassi's and one Shayet; and counting a Real at sixty Sous, an Abassi is worth eighteen Sous, six Deniers. Though to say truth, three Abassi's and one Shayet make three Half-pence more than the Crown.
Number 1, and Number 2. Are two pieces, which upon one side bear the Names of the twelve Prophets of the Law of Mahomet, and in the middle this In∣scription, La I••lah allah Mahomet resoul Allah, Ali Vaeli Allah: on the back-side, The Conquerour of the World, Abas II. gives us permission to coyn this Money in the City of Cashan.
Num. 1. Makes five Abassi's; and counting our Crown at thirteen Shayet's, it comes to four Liveres, twelve Sou••, six Deniers.
Num. 2. Makes two Abassi's and a half of our Money, or forty-six Sous and one Farthing.
Num. 3. Is an Abassi, which comes to eighteen Sous, six Deniers.
Num. 4. Is a Mamoudi, worth nine Sous and a Farthing.
Num. 5. Is a Shayet, worth four Sous, seven Deniers, one Half-peny.
Num. 6. A Bisti, worth one Sous, ten Deniers.
Num. 7. The Copper Coyn, call'd Casbeké, worth five Deniers, one Half-peny.
These Coyns, unless it be the Casbeké, bear no other Inscription, but only the Name of the King reigning when they were coyn'd; the Name of the City where they were coyn'd; with the Year of the Hegyra of Mahomet.
Though all Payments are made in Abassi's, as well at Ormus and other parts of the Gulf belonging to the King of Persia, as in the Island▪ of Bahren, where is the great Fishery and Market for Pearls; yet there is no mention made but only of Larins.