coinage


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coinage

1. coins collectively
2. the act of striking coins
3. the currency of a country

Coinage

 

the manufacture, or minting, of coins. Initially coins were minted by private individuals (in Russia these people were known as livtsi and serebrianiki). Subsequently the manufacture of coins became a state monopoly and was carried out at state mints. In the USSR coins of small denominations are minted at the Mint of the Ministry of Finance of the USSR in Leningrad: nickel-silver coins in denominations of 1 ruble and 50, 20, 15, and 10 kopecks are minted there, as are brass coins in denominations of 5, 3, 2, and 1 kopeck.

In the ancient world coins were made of pure gold and silver (Greece) or their alloy (Lydia). Later copper alloys were added to the coin metal. An increase in the amount of alloy above the fixed standard led to the debasement of coins. When monometallism was practiced, full-value gold or silver coins were minted, whose face value equaled the value of their metal content. With the development of capitalism most countries reached a fixed standardization for assaying currency metals. In minting less than full value coins of small denominations, copper and silver were gradually replaced by nickel and bronze alloys.

References in periodicals archive ?
The latter trait was undoubtedly a factor that induced the government of Guatemala, where experiments with rubber coinage had apparently proved unsatisfactory as a solution to the adverse effects of a humid climate, to commission Meissen porcelain coins in 1921 (Duffield, 1921: 295).
There are also 255 deverbal coinages in -ant and 72 in -ive bringing the total of the OED attested 'source of action' ([d.
The problem with low- form coinages is that one can't resist using them as they draw quick chuckles.
Deng argues in Coinage and State Formation that, because the state had a monopoly on coin production, "[c]oins constituted] a critical point of contact between state and subject" (7)--a contact that went both ways.
All the galleries have educational interactive kiosks for the students as well as visitors, plus a mini theatre where one can see documentaries related to currency, coinage and Sadequain.
It is now possible, to give but one example, to embark upon a systematic examination of the metrology of this coinage.
A phone call to the police also confirmed that Ms Munro's payment contravened the Coinage Act.
I will also argue that, as a result, this selection subsequently influenced the designs of Octavian's gold and silver AEGVPTO CAPTA coinage, the bronze Nemausus coinage, and the coinage of Juba II of Mauretania.
Kirklees Council will have to spend around pounds 40,000 on changing their pay and display parking machines to cope with forthcoming coinage changes.
A word can be given a new meaning by an individual or by the general public At times, a coinage receives public acceptance if it is considered the most appropriate word to capture a concept among a speech community.
Proposing his Coinage (Measurement) Bill, Lancaster told MPs said it would "remove a technical legislative obstacle," reports the Daily Mail.
Silver has long played an important role in chemistry, and has become especially prominent with the rise of nanoscale processes, but study of it has mostly been in the context of broader studies on coinage metals in chemistry.