Word Finder - coinage

definition

The process of coining money.

definition

Coins taken collectively; currency.

definition

The creation of new words, neologizing.

definition

Something which has been made or invented, especially a coined word; a neologism.

definition

The process of creating something new.

The first national coinage was begun in 1822, and the decimal system was adopted in 1863.

At last that final expedient of weak governments, the debasing of the coinage, led to a crisis.

In the election of 1896 all the parties in the state declared in favour of the free and unlimited coinage of silver at the ratio of 16 to 1.

Besides the ordinary shell money, there is a sort of stone coinage, consisting of huge calcite or limestone discs or wheels from 6 in.

It was among the towns that had the right of coinage, and it manufactured carts, baskets, &c. Cicero speaks of it as a place of some importance.

For the coinage see NUMISMATICS.

In his 1910 budget speech the minister of finance, Javid Bey, demanded authority to create a new aluminium coinage of 5, 10, 20 and 40 para pieces, of which he would issue, in the course of three years, a nominal amount of £T1,000,000 to those provinces in which there was a great scarcity of small coins.

The amounts of Turkish gold, silver and debased coinage in circulation are approximately £T16,500,000, in gold, £T8,70o,000 (940,000,000 piastres at 108) in silver mejidies and fractions, and 200,000,000 piastres in beshlik and metallik.

In a campaign largely restricted to the question of free-silver coinage he was defeated for re-election in 1894, and subsequently was also defeated as the Democratic candidate for the United States Senate.

In the Democratic national convention at Chicago in 1896, during a long and heated debate with regard to the party platform, Bryan, in advocating the "plank" declaring for the free coinage of silver, of which he was the author, delivered a celebrated speech containing the passage, "You shall not press down upon the brow of labour this crown of thorns; you shall not crucify mankind upon a cross of gold."

Metallic money is limited to nickel and bronze coins, but in 1906 the government was authorized to purchase bar silver for the coinage of pieces of the denomination of two milreis, one milreis and 500 reis (2-milreis).

The public revenues are derived from customs taxes and charges on imports and exports, transit taxes, cattle taxes, profits on coinage, receipts from state monopolies, receipts from various public services such as the post office, telegraph, Caracas waterworks, &c., and sundr y taxes, fines and other sources.

The coinage formerly was the caroub and piastre (the latter worth about 6d.), but in 1891 the French reformed the coinage, substituting the franc as a unit, and having the money minted at Paris.

The symbol G was a new coinage in the 3rd century B.C. The pronunciation of C throughout the period of classical Latin was that of an unvoiced guttural stop (k).

Encouraged by an improved coinage, trade made great advances, and other benefits also accrued from the discovery of silver on the Schneeberg.

He employed him in setting right the coinage.

In 1885 the Nevada Silver Association was formed for the purpose of advocating the free and unlimited coinage of silver.

In George IV.'s reign were issued the so-called "lion shillings," bearing the royal crest, a crowned lion on a crown, a design reverted to in the coinage of Edward VII.

Before silver coinage was introduced (269 B.C.) the value of the as was about 6d., in the time of Cicero less than a halfpenny.

During the commonwealth and empire aes grave was used to denote the old as in contradistinction to the existing depreciated coin; while aes rude was applied to the original oblong coinage of primitive times.

It is interesting, as bringing out the personal element in the traditional royal seat, that an inscribed sealing belonging to the earliest period of the later palace of Cnossus bears on it the impression of two official signets with portrait heads of a man and of a boy, recalling the " associations " on the coinage of imperial Rome.

He was severe, but just and impartial, and strove to effect necessary reforms by reducing the numbers of the Janissaries, improving the coinage, and checking the state expenditure.

Alexander's gold coinage, indeed (possibly not struck till after the invasion of Asia), follows in weight that of Philip's staters; but he seems at once to have adopted for his silver coins (of a smaller denomination than the tetradrachm) the Euboic-Attic standard, instead of the Phoenician, which had been Philip's.

With the conquest of Asia, Alexander conceived the plan of issuing a uniform coinage for the empire.

Corinth, however, was allowed to go on striking staters under Antigonus Gonatas; Ephesus, Cos and the greater cities of Phoenicia retained their right of coinage under Seleucid or Ptolemaic supremacy.

The basis of the system adopted was the double standard with a fixed relation of I to 15.09, and free coinage.

The silver coinage consisted of the mejidie (weight 24.055 grammes, 0.830 fine), equivalent to 20 piastres, and its subdivisions 10, 5, 2, I, and 2 piastre pieces.

The heavy depreciation in silver causing large losses to the government, free coinage was suspended in 1880, and the nominal value of the mejidie was reduced by decree to 19 piastres (105.26 piastres thus = £T1), while in the same year the debased currencies were reduced, altilik, the 6-piastre piece to 5 piastres, the 3-piastre piece to 22 piastres, the 12-piastre piece to 14 piastre; beshlik, the 5-piastre piece to 22 piastres, the 22-piastre piece to 1;-piastre; metallik, the 1-piastre piece to 2 piastre, the 2-piastre piece to 4 piastre, the *-piastre piece to a piastre - these values representing approximately the intrinsic value of the silver, at mejidie standard, contained in the debased coins.

These debased currencies are usually at a premium over gold owing to the extreme scarcity of fractional coinage.

She was recognized as an authority on several subjects, especially on Russian coinage.

The single gold standard has been in force in Peru since 1897 and 1898, silver and copper being used for subsidiary coinage.

The silver coinage consists of the sol (100 cents), half sol (50 cents), and pieces of 20 (peseta), so and 5 cents; and the copper coinage of 1 and 2 cents.

Blaine, who had previously opposed greenback inflation now resisted depreciated silver coinage.

He introduced a new system of weights and measures, which he ordered should be used throughout his kingdom, and took steps to reform the coinage.

He had taught his child to whistle, dined with his servants, talked of "worldly things such as baking, brewing, enclosing, ploughing and mining," preferred walking to riding, and denounced the debasement of the coinage.

Cleveland had written a letter for publication before he became president, saying that a financial crisis of great severity must result if this coinage were continued, and expressing the hope that Congress would speedily put an end to it.

In 1782 he prepared an elaborate report on the coinage, suggesting the use of the decimal system and of the terms dollar and cent.

The best metals for coinage are gold, silver, platinum, copper, tin, nickel, aluminium, zinc, iron, and their alloys; certain alloys of gold, silver, copper and nickel have the best combination of the required qualities.

In 1718 Sir Isaac Newton was made master of the Mint, and in that capacity as contractor for the coinage he amassed a considerable fortune.

Up to 1909 only sovereigns and half-sovereigns were struck at these establishments, but in Iwo arrangements were made for a Commonwealth silver coinage.

Finally in 1816 the free coinage of silver was brought to an end.

The result is that the gold presented for coinage is almost always sent from the Bank of England, which suffers no loss of interest during the coinage of the bullion, because bank-notes have already been issued against it.

Coinage bronze consists of copper 95 parts, tin 4 parts and zinc I part, and a ton yields X44 8 in pence or £ 373, 6s.

In European mints generally little difficulty is experienced in procuring refined gold and silver for coinage.

In the reign of Queen Elizabeth, the master of the Mint, finding the allowance under his contract to be insufficient, availed himself of the remedy on the silver coinage, which amounted to 6±d.

A full account of the work of the Mint, with valuable tables giving the amount of the coinage of gold and silver and bronze in the United Kingdom and the colonies in detail, and a résumé of the coinages of foreign countries, will be found in the Annual Reports of the Deputy Master and Comptroller of the Mint, which have been published since 1870.

In accordance with the custom formerly prevalent in all the kingdoms of Further India, the coinage of Siam furnishes the standard of weight.

His reign is a period of some importance in the legislative history of Scotland, as measures were passed with regard to the tenure of land, the reformation of the coinage, and the protection of the poor, while the organization for the administration of justice was greatly improved.

A Portuguese squadron under Diogo Lopes de Sequeira arrived off Sumatra in 1509, explored the north coast for some distance, and noted that the inhabitants of the interior were cannibals, while those of the littoral were civilized and possessed a gold coinage.

On the 24th of October 1896 an act was passed for the adoption of a gold coinage, and the execution of this act was decreed on the 17th of April 1900.