Mint Mark - Definition - Law Dictionary Home Dictionary Definition mint-mark

Definition :

Mint-mark. The masters and workers of the Mint, in the indentures made with them, agree 'to make, of gold and silver, so that they may know which moneys were of their own making'; after every trial of the pyx, having proved their moneys to be lawful, they are entitled to their quietus under the Great Seal, and to be thereupon discharged from all suits or actions; they then change the privy mark, so that the moneys from which they are not yet discharged may be distinguished from those for which they are; they use the new mark until another trial of the pyx. See (English) Coinage Act, 1870 (33 & 34 Vict. c. 10), s. 12. See PYX