Thomas Stanley (Royal Mint)
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Thomas Stanley (died 15 December 1571) was a
goldsmith A goldsmith is a metalworker who specializes in working with gold and other precious metals. Nowadays they mainly specialize in jewelry-making but historically, goldsmiths have also made silverware, platters, goblets, decorative and servicea ...
and officer of the Royal Mint in Tudor England. Stanley rose to the rank of Under-Treasurer of the Mint at the
Tower of London The Tower of London, officially His Majesty's Royal Palace and Fortress of the Tower of London, is a historic castle on the north bank of the River Thames in central London. It lies within the London Borough of Tower Hamlets, which is sep ...
in the reign of
Queen Elizabeth I Elizabeth I (7 September 153324 March 1603) was Queen of England and Ireland from 17 November 1558 until her death in 1603. Elizabeth was the last of the five House of Tudor monarchs and is sometimes referred to as the "Virgin Queen". El ...
.Challis (1992), p. 255


Family

Thomas Stanley was the third son of Thomas Stanley, of Dalgarth, Cumberland, and his wife Margaret, daughter of John Fleming. He married Joyce, daughter of John Barrett, of
Aveley Aveley is a town and former civil parish in the unitary authority of Thurrock in Essex, England, and forms one of the traditional Church of England parishes. Aveley is 16 miles (26.2 km) east of Charing Cross. In the 2021 United Kingdom c ...
, Essex, and widow of Sir James Wilford, soldier and politician. Their only daughter, Mary, married Sir Edward Herbert (c. 1542–1595), second son of the
Earl of Pembroke Earl of Pembroke is a title in the Peerage of England that was first created in the 12th century by King Stephen of England. The title, which is associated with Pembroke, Pembrokeshire in West Wales, has been recreated ten times from its origin ...
.Hawkins (1885), p. 106 Her son William Herbert, 1st Baron Powis (1572–1655) was Lord High Steward to Elizabeth I and is a candidate for "Mr WH", the dedicatee of Shakespeare's sonnets.


Career

Stanley was appointed as one of the Assay Masters of the Mint in March 1545, following a restructuring and expansion of the Royal Mint under Henry VIII associated with a major effort to prop up the economy by debasing the currency.Challis (1978), p. 89 The policy of debasement was continued by
Lord Protector Somerset Edward Seymour, 1st Duke of Somerset (150022 January 1552) (also 1st Earl of Hertford, 1st Viscount Beauchamp), also known as Edward Semel, was the eldest surviving brother of Queen Jane Seymour (d. 1537), the third wife of King Henry VI ...
early in the reign of Henry's son,
Edward VI Edward VI (12 October 1537 – 6 July 1553) was King of England and Ireland from 28 January 1547 until his death in 1553. He was crowned on 20 February 1547 at the age of nine. Edward was the son of Henry VIII and Jane Seymour and the first E ...
, but after Somerset's fall the
Earl of Warwick Earl of Warwick is one of the most prestigious titles in the peerages of the United Kingdom. The title has been created four times in English history, and the name refers to Warwick Castle and the town of Warwick. Overview The first creation ...
implemented a plan to reform the currency in an attempt to control rampant inflation. Stanley was one of a consortium of Mint officials appointed in 1551 to advise the government on new standards for the coinage. Another general restructuring of the Mint in the spring of 1552 resulted in the appointment of Thomas Egerton as Under-Treasurer and Stanley's promotion to Comptroller. Egerton was dismissed from office by Mary I's government in 1555, and from that time until 1571 control of the Tower Mint was essentially in the hands of Thomas Stanley. On the accession of Elizabeth he was confirmed as Comptroller of the Mint (August 1559) and he was formally appointed Under-Treasurer of the Mint on 14 July 1561, an office he held until his death. As head officer of the Tower Mint, Stanley supervised the great Elizabethan recoinage which was planned from the beginning of the reign and was carried out between December 1560 and October 1561. Disputes between Stanley and his fellow officers, Comptroller John Bull and assay-master
William Humfrey William Humfrey (also Humphrey or Humphreys) (c.1515–1579) was an English goldsmith, mining promoter, and Assay Master at the Royal Mint during the reign of Elizabeth I. Life Little is known of Humfrey's life before 1560, when he is record ...
, broke out in a series of accusations and cross-accusations over the next few years that escalated to a 1565 attempt by the two men to discredit Stanley by stealing money under his control. The plot was discovered and Bull confessed, but questions about Stanley's management of the Mint continued. His inability to properly account for his funds during the reign of Queen Mary lead to confiscation of his properties on 2 October 1571, and he died two months later, on 15 December 1571.Challis (1978), pp. 129-134.


Notes


References

* * * * * {{DEFAULTSORT:Stanley, Thomas Year of birth missing 1571 deaths English goldsmiths 16th-century English people