If Government, however, throws the expense of coinage, as is reasonable, upon the holder, by making a charge to cover the expense (which is done by giving back rather less in coin than has been received in bullion, and is called levying a seigniorage), the coin will rise, to the extent of the seigniorage, above the value of the bullion.
1848, John Stuart Mill, chapter VI, in Principles of Political Economy: With Some of Their Applications to Social Philosophy. […], volume II, London: John W[illiam] Parker, […], book III (Exchange), page 25