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# Augmentation of Coin Denomination

## Definition

The official raising of a coin's nominal value through legislative or royal
proclamation, making a coin worth more units of account without changing its
actual metal content, typically used to reduce real debt burdens.

## Source Chapter

Book V, Chapter 3

## Context

Smith explains augmentation as an open and avowed method of currency debasement,
contrasting it with the more deceptive practice of adulteration, and noting its
use by various governments including Henry VIII's England.

## Economic Domain

Regulation

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