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"Dear Miss Adams, I need a new coin press..."

PhillyJoePhillyJoe Posts: 2,705 ✭✭✭✭
Miss Eva Adams
Director of the Mint
Treasury Department
Washington, D.C. 20220

December 28, 1964

Dear Miss Adams:
Permission is requested to advertise for bids for furnishing a 50 ton hydraulic press for broaching the reeds on $.10, $.25, $.50 and $1.00 collars. The increased coinage production has made this acquisition of a new press imperative. The Phila. Mint is at the present time, doing this with an old 200 ton hand operated press confiscated from a counterfeiter. In addition to being hand operated, this press is in need of extensive repairs. Rather than spend $2,000. to motorize and repair this press we recommend that a modern press be purchased at a cost of $6600. which will take care of our needs for some time to come. This press will return the difference in cost over a period of three years, based on saving 2 to 3 hours time daily which will amount to $1500. a year.

Enclosed is a quote on the repair to the existing press, with two sample quotes for proposed replacements, together wth specifications for the proposed equipment.

Sincerely,

Michael H. Sura
Superintendent, Philadelphia Mint


[One of my all time favorite tidbits from the Mint's archives. It gives several glimpses on operating policy all in one letter during a very hectic time. A classic that some have seen; but wanted to share with all.]
-Joe
The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image

Comments

  • Dennis88Dennis88 Posts: 5,797 ✭✭✭
    a 50 ton hydraulic press for broaching the reeds on $.10, $.25, $.50 and $1.00 collars

    image
  • anablepanablep Posts: 5,158 ✭✭✭✭✭
    64 peace perhaps?

    I find it interesting they were using presses confiscated from counterfeitors.
    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
  • Conder101Conder101 Posts: 10,536
    I'm not sure I understand what kind of press they are talking about. The only thing I can see is that it would have to be a press that forced a cutting mandrel down through the hole in the collar plate to cut the reeds.
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭


    << <i>a 50 ton hydraulic press for broaching the reeds on $.10, $.25, $.50 and $1.00 collars

    image >>



    That was the first thing I noticed too.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Being that this letter was from a civil service employee, he probably never even possessed the initiative to notice that the dollar broach was no longer needed as the old one they stole from a counterfeiter had a dollar broach also.

    Broaching is one of the processes to cut rifling in a gun barrel. So I imagine it would have been to push reeding dies through collars.
  • Conder101Conder101 Posts: 10,536
    Note the date of the letter, December 28, 1964. By that time there were already efforts on motion to bring about the issuance of the silver dollar again. The mint knew that if these efforts were successful they would be needing dollar collars as well.

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