free coinage

noun

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.

Origin of free coinage

An Americanism dating back to 1885–90

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for free coinage

Historical Examples of free coinage

A few days later, the Finance Committee turned the tariff bill into a free-coinage bill also.
Under the Prophet in Utah
Frank J. Cannon and Harvey J. O'Higgins

British Dictionary definitions for free coinage

free coinage

noun

US coinage of bullion brought to the mint by any individual

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012