mint par

The difficulties which arise when universal coinage schemes are brought forward ought not to conceal from us the solid advantages which such an institution would confer on the world... The question of mint pars would no longer arise, and the specie points would be stated more simply.

The equivalent, in terms of one coinage, of the quantity of pure metal contained in another standard coin, both being of the same metal, and taken at mintage weights... Mint pars are given above for Spain, Italy, Portugal, Brazil, Argentina, and Chili, although at present (1895) their actual exchanges are in terms of more or less inconvertible paper money.