The location, a row of houses on the south of Cheapside, to the east of St Paul's Cathedral and to the west of St Mary-le-Bow, was owned by the Worshipful Company of Goldsmiths and was known as Goldsmith's Row, was formerly the centre of the manufacture and sale of gold and jewellery in medieval London.
The village was founded in the early 17th century as part of the Plantation of Ulster on land allocated to the Worshipful Company of Goldsmiths of London.
The Goldsmiths’ Company had generously provided funds for a small laboratory and endowed a chair, but it was Hutton who first persuaded the university to introduce metallurgy into Part II of the Natural Sciences Tripos and later Part I.
He was Prime Warden of the Goldsmith's Company 1996-97.
Those present at the opening dinner in 1835 included the Duke of Wellington and Sir Robert Peel.
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In 1558 Richard Martin was elected a liveryman of the Goldsmiths Company and later a Master of the Mint and Lord Mayor of the City of London.