free coinage

noun

1. the unrestricted coinage of bullion or of a specified metal, as silver, into money for any person bringing it to the mint, either with or without charge for minting.

free coinage

noun

1. coinage of bullion brought to the mint by any individual

Word History and Origins

Origin of free coinage¹

An Americanism dating back to 1885–90

Example Sentences

Gold should be brought down and the currency extended by the free coinage of silver on a basis of sixteen to one.

From Project Gutenberg

The leading issue in politics then was the free coinage of silver at the ratio of sixteen to one.

From Project Gutenberg

Accordingly in June 1893 an act was passed closing the Indian mints to the free coinage of silver.

From Project Gutenberg

In demanding the free coinage of silver, it recurred to the practice abandoned in 1873.

From Project Gutenberg

A few days later, the Finance Committee turned the tariff bill into a free-coinage bill also.

From Project Gutenberg