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Seignorage The difference between the cost to produce money and the money's face value. This is essentially an immediate profit for the issuing entity.
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seignorage The profit generated from the printing or coining of currency. This word also has many other related meanings, most often associated with taxes created through inflation.
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In the mid-1850s, the Mint paid a price for bullion slightly above the current market price, a practice that effectively divided the seignorage (the profit the Mint derives from producing coinage) between the government and the bullion owner.
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Seigniorage, also spelled seignorage or seigneurage, is the net revenue derived from the issuing of currency.
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What was worse, by 1851, it was costing the Mint $1.06 to strike a Dollar's worth of 1- Cent coins. A negative seignorage was at hand ( seignorage is the profit the Mint makes between the cost of manufacturing a coin and its face value)! ...
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Seigniorage, also spelled seignorage, is the net revenue derived from the issuing of currency For exchange rates, see here.
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As the young Republic grew, the Mint had a hard time keeping pace. For most of its early years, it was little more than a part-time business, taking in bullion and paying out struck coinage for a seignorage.
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However, the profit the Mint made on the production of these coins (or seignorage as it is known) was minimal, and rising silver prices through the remainder of the 1850s made the Mint's profits less and less.
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See also: As, Value, Coin, Series, Mint

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