22 lines
766 B
Markdown
22 lines
766 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-06 -->
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# Bank of England Coinage Burden
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## Definition
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The disproportionate share of annual coinage costs borne by the Bank of England due to its role as the primary institution bringing bullion to the mint. This burden could be significantly reduced through the implementation of appropriate seignorage.
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## Source Chapter
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Book IV, Chapter 6
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## Context
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Smith identifies the Bank of England as bearing the primary cost of annual coinage, particularly when currency degradation requires extensive recoinage. He argues that proper seignorage could reduce this burden while providing revenue to the government.
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## Economic Domain
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Regulation
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---
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