And though Malestroit implicitly admitted that the quantity and marketable value of metals remained stable, Bodin, only a very few years later, observes that there has been an increase in the stock of metal imported from the New World, and in consequence a real increase in the price of commodities, since princes, now possessing ingots in larger quantity or receiving more from private persons, have been minting more and better quality coins; for the same amount of a commodity one is therefore giving a larger quantity of metal.