26 lines
703 B
Markdown
26 lines
703 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-03 -->
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# Augmentation of Coin Denomination
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## Definition
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The official raising of a coin's nominal value through legislative or royal
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proclamation, making a coin worth more units of account without changing its
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actual metal content, typically used to reduce real debt burdens.
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## Source Chapter
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Book V, Chapter 3
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## Context
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Smith explains augmentation as an open and avowed method of currency debasement,
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contrasting it with the more deceptive practice of adulteration, and noting its
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use by various governments including Henry VIII's England.
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## Economic Domain
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Regulation
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---
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