Last Updated：2025/12/30
Sentence
If
Government,
however,
throws
the
expense
of
coinage,
as
is
reasonable,
upon
the
holder,
by
making
a
charge
to
cover
the
expense
(which
is
done
by
giving
back
rather
less
in
coin
than
has
been
received
in
bullion,
and
is
called
levying
a
seigniorage),
the
coin
will
rise,
to
the
extent
of
the
seigniorage,
above
the
value
of
the
bullion.
Quizzes for review
If Government, however, throws the expense of coinage, as is reasonable, upon the holder, by making a charge to cover the expense (which is done by giving back rather less in coin than has been received in bullion, and is called levying a seigniorage), the coin will rise, to the extent of the seigniorage, above the value of the bullion.
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