Bullion Term Analysis

...make sure they contain the right amount of gold, so an ounce of pure gold bullion has started trading for fewer gold coins than before. Thus, the coins’ value has risen.... (full context)

...is no seigniorage in England—people don’t have to pay the mint to turn their gold bullion into gold coin. But the process does take several weeks, which is like paying a... (full context)

...would withdraw their money in gold coin, then immediately melt down the heaviest coins into bullion and either send it abroad or sell it back to the bank at a higher... (full context)

...its wars through commodity exports. Internationally, gold and silver also circulate in the form of bullion. The best kind of commodities to export are fine manufactures, which are more valuable by... (full context)

The Bank of Amsterdam also took gold and silver bullion deposits in exchange for 95% of their value in bank money, plus a bullion receipt.... (full context)

During crises, people want to withdraw their bullion, so bank receipts become more expensive. But banks can also make emergency concessions if necessary,... (full context)

...coin debasing, it was long profitable to melt down freshly-minted coins and sell them as bullion. But if people had to pay seigniorage, like in France, this would stop because money... (full context)

...complaints were mistaken, for if the bank paid a percentage in seigniorage to turn its bullion into coins, it would get back the exact same percentage in the form of the... (full context)