Coin Terminology and Glossary
The Coin Collecting Dictionary includes 546 titles used widely in the coin
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Seigniorage
- Explanation: Tthe difference between the cost of minting a coin and what the mint gets for it. Example, it may only cost 6 cents to manufacture a half dollar. However, the mint gets 50 cents for it. The result is 44 cents profit, or seigniorage
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