What does "bullion" mean?

Bullion: Base or uncurrent coin. [Obs.] And those which eld's strict doom did disallow, And damm for bullion, go for current now. Sylvester.

Additional senses

  1. 2.Showy metallic ornament, as of gold, silver, or copper, on bridles, saddles, etc. [Obs.] The clasps and bullions were worth a thousand pound. Skelton.
  2. 3.Heavy twisted fringe, made of fine gold or silver wire and used for epaulets; also, any heavy twisted fringe whose cords are prominent.

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