Ireland

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Thomas Cooley’s First Premium for the Design of the Royal Exchange, Dublin 1769
In August 1768 the trustees of the new Royal Exchange on Cork Hill advertised for plans, extending the deadline to the first of January and sending a map of the site to London to excite, in their own words, a laudable spirit of emulation among persons of genius in architecture. Some sixty-one designs came in from Ireland and England; the trustees deliberated through February and announced the premiums in March 1769, and Thomas Cooley, a London joiner’s son then working as Robert Mylne’s assistant, took the first premium of £100 and the commission with it, ahead of James Gandon in second place. The money was for the drawings alone, a prize for a design awarded before a stone was laid, which makes it one of the few sums in this collection that buys creative judgement and nothing else. It is converted as Irish pounds, the currency of the Dublin trustees who paid it, at thirteen Irish to twelve sterling; read as sterling instead it would be 732 grams.
~675.7g
Freeman’s Journal, Dublin, 30 August–3 September 1768 and 14–18 March 1769; Minutes of the Guild of Merchants, Royal Irish Academy MS 12D29, both cited in Thorpe, Ruth. “Thomas Cooley before the Dublin Royal Exchange.” Irish Architectural and Decorative Studies 8 (2005), 71–85; McParland, Edward. “James Gandon and the Royal Exchange Competition, 1768–69.” Journal of the Royal Society of Antiquaries of Ireland 102 (1972), 58–72; Irish Architectural Archive, Dictionary of Irish Architects 1720–1940, entry for Thomas Cooley.