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Seigniorage

Numismatic Second toningSeignorage

Seigniorage, also spelled seignorage or seigneurage, is the net revenue derived from the issuing of currency.

 


Seigniorage
Word: Word Starts with Ends with Definition
Seigniorage, also spelled seignorage, is the net revenue derived from the issuing of currency For exchange rates, see here.

seigniorage: The profits resulting from the difference between the cost to make a coin and its face value, or its worth as money and legal tender.

seigniorage - The difference between the cost of minting a coin and what the mint generates in money for it. It may only cost .10 to manufacture a half dollar. However, the mint gets 50 cents for it. The result is .40 seigniorage.

SEIGNIORAGE
The difference between the cost of the bullion plus minting expenses and the value as money of the pieces coined.
SERIES ...

Seigniorage - The difference between the face value of a coin and the government's cost to issue a coin including bullion plus striking costs.

Seigniorage
Revenue or a profit taken by the government from the minting of coins, usually the difference between the cost of coin production (metal, labor, etc.) and the face value of the coin.

Seigniorage: profits from the difference between the cost to make a coin and its face value.

Athens earned seigniorage profits on each Owl minted, whether the source was freshly mined silver or the silver coins of other cities. The traders and merchants of other cities, in turn, liked Owls because of their easy exchangeability.

Some charged a service fee (seigniorage) in lieu of, or in addition to, discounting the price at which they purchased dust or nuggets, which served the same purpose.

The $2 Federal Reserve Note would be redesigned and issued with commemorative themes; cash transactions would be rounded, eliminating the economic need for a one-cent coin; and seigniorage would be reclassified in the budget process.

See also: Issued, Dollar, Coin, Gold, Mint