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Coinfrog
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 Posted 09/19/2017  5:42 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agreed.

Conder is correct. The silver content of the dollar coin had international commerce implications.
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jbuck
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 Posted 09/19/2017  5:45 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I believe that seignorage is the term used to indicate the profit a government gets from producing coins at a cost lower than their face value.
That is correct.
Coin Collector Since 1978Looking-For-A-Term/Word....AvatarLooking-For-A-Term/Word....Old AvatarLooking-For-A-Term/Word....7070Looking-For-A-Term/Word....EisenhowerLooking-For-A-Term/Word....AustraliaLooking-For-A-Term/Word....CanadaLooking-For-A-Term/Word....WorldLooking-For-A-Term/Word....CCF Members on eBayLooking-For-A-Term/Word....CCF eBay Search Engine
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