free coinage

American  

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.

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free coinage British  

noun

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

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Etymology

Origin of free coinage

An Americanism dating back to 1885–90

Example Sentences

His program included "America for Americans," abolition of the gold standard, a greenback bonus, freedom for the Philippines, abolition of the "chainstore evil" free coinage of silver.

From Time Magazine Archive

To the farm bill Senator Wheeler from silver-producing Montana offered an amendment for 16-to-1 free coinage of the metal.

From Time Magazine Archive

By issuing a lot of persuasive campaign broadsides, translated into several languages for immigrants, Hanna convinced laborers as well as businessmen that Bryan's demand for the free coinage of silver would devalue the dollar.

From Time Magazine Archive

The money fight began when Senator Burton Kendall Wheeler of silver-producing Montana offered an amendment to the Glass bill for the free coinage of silver at the ratio of 16-to-1 to gold.

From Time Magazine Archive

Thereupon Bland, one of the members of the commission, proposed in the House of Representatives the re-establishment of the double standard, at the old ratio of 1:15.988, with free coinage of silver.

From The History of Currency, 1252 to 1896 by Shaw, William Arthur