The two main mints can crank out about 20,000,000,000 per year. In 250 working days that's about 80,000,000 coins per day. No doubt they can hit 100,000,000 without trying too hard.
To hit these numbers they need to make a lot of pennys though.
The show Secrets of the Mint was on the other day and they showed state quarters being struck at the rate of 10 coins per second each coin receiving one strike from the dies per coin. Proof coins were shown getting two strikes per coin and the platinum coins three. It was an amazing sight to see the rapid blur of coins that seemed to be flying out of these modern presses.
<< <i>The show Secrets of the Mint was on the other day and they showed state quarters being struck at the rate of 10 coins per second each coin receiving one strike from the dies per coin. Proof coins were shown getting two strikes per coin and the platinum coins three. It was an amazing sight to see the rapid blur of coins that seemed to be flying out of these modern presses. >>
It you think it is amazing on TV, you really need to see it live. As fast as the planchets go into the press, it seems that they come out at twice the speed.
PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
It you think it is amazing on TV, you really need to see it live. As fast as the planchets go into the press, it seems that they come out at twice the speed. >>
Yes I can only imagine that it must be really impressive ( no pun intended) to be there first hand!
It also made me think how far we have come compared to the hand made production of coins in the early Mint days when coins were hand fed one by one into a hand swung screw press. That boggles the mind also.
Comments
that's about 80,000,000 coins per day. No doubt they can hit 100,000,000 without trying
too hard.
To hit these numbers they need to make a lot of pennys though.
<< <i>Well, I think they can make them pretty fast. Shipping them is another matter though!!
Yup
Joe
Proof coins were shown getting two strikes per coin and the platinum coins three.
It was an amazing sight to see the rapid blur of coins that seemed to be flying out of these modern presses.
<< <i>The show Secrets of the Mint was on the other day and they showed state quarters being struck at the rate of 10 coins per second each coin receiving one strike from the dies per coin.
Proof coins were shown getting two strikes per coin and the platinum coins three.
It was an amazing sight to see the rapid blur of coins that seemed to be flying out of these modern presses. >>
It you think it is amazing on TV, you really need to see it live. As fast as the planchets go into the press, it seems that they come out at twice the speed.
It you think it is amazing on TV, you really need to see it live. As fast as the planchets go into the press, it seems that they come out at twice the speed. >>
Yes I can only imagine that it must be really impressive ( no pun intended) to be there first hand!
It also made me think how far we have come compared to the hand made production of coins in the early Mint days when coins were hand fed one by one into a hand swung screw press. That boggles the mind also.