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coinage act

貨幣法 ／ coinage-act　—　Institutions

A law laying down the terms of the money.

VOC duit (copper) VOC duit (copper)18th century Five-franc silver coin of Germinal Five-franc silver coin of Germinal1803 The sovereign of 1817 The sovereign of 18171817
A photograph of what this word names.

It specifies what constitutes legal tender, its weight and fineness, and who is authorized to issue it. The monetary history of a country can be largely traced through its succession of coinage acts.