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free coinage

noun

  1. the unrestricted coinage of bullion or of a specified metal, as silver, into money for any person bringing it to the mint, either with or without charge for minting.

free coinage

noun

  1. coinage of bullion brought to the mint by any individual
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of free coinage1

An Americanism dating back to 1885–90

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