26 lines
678 B
Markdown
26 lines
678 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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# Adulteration of Coin Standard
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## Definition
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The covert practice of mixing base metals into precious metal coins while
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maintaining their original weight and appearance, effectively reducing their
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intrinsic value while preserving their nominal value.
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## Source Chapter
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Book V, Chapter 3
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## Context
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Smith describes adulteration as a fraudulent method of currency debasement,
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contrasting it with open augmentation and noting that it was typically
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accompanied by secrecy and oaths of silence among mint officials.
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## Economic Domain
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Regulation
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---
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