From Metal to Money: The Fascinating Manufacturing Process Behind Coin Minting
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- čas přidán 16. 06. 2024
- From Metal to Money: The Fascinating Manufacturing Process Behind Coin Minting
In May 2024, the largest coin collection is set to go on sale. It belonged to a Danish businessman named Bruun, who died 100 years ago. He collected over 2,000 coins from Denmark, Norway, and Sweden. According to some experts, Bruun's Collection could be worth up to $72 million. He started collecting coins when the world was going through a great war.
But the history of coins is thousands of years old. In the Iron Age, people started making coins. The first coins are mostly linked with the Iron Age of the late 7th century BC, particularly with the state of Lydia. Some historical evidence highlights that coins made of gold and silver existed even before this time, and they were called electrum. Interestingly, the famous ancient Greek poem Odyssey mentions the usage of coins during those times.
Since then, coins have been in production. Nowadays, almost every country produces its own coins. In 2023, the US alone produced more than 11,381,640,000 coins. But today, the manufacturing of coins is very different.
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Digital currency doesn't work when the lights go out.
Yr
That’s why they want them. Control.
Sure, let's go for digital currency. What could go wrong? The government is so trustworthy that they would never abuse it.
I can't imagine the mint giving up making these billions of dollars from making coins just because they can gather information on us.
Exactly we really are not that interesting 😂
Very Nice
A guy that died 100 years ago started collecting coins 80 years ago 😂😂😂😂
I think it was the first world war not the second
A miracle man
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Han
This video is simply fantastic, I enjoyed it a lot! 🎉
Very informative..
Wonderful video. I've lived near Philadelphia for a long time, yet, I've never taken the tour they offer. This gives a great look at how coins are 'manufactured'.
Wao excelente trabajo, cómonsando con el trabajo a mano, ♥️♥️🌈👍👽
Long live the coin,, well be doomed without it
We can live without coins but we can’t live with “ Magoo “ running the show
West point is the fourth mint for special coins or years
As well as silver and gold coins mainly
the person that puts the rim on is called a rimmer?
Future of metal 🪙 coin nice
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What is your goal in life: Money money money. Now, it's money manufacturing...😅
Cash is king 💪
Oh yeah digital currency I like my currency be tracked by anybody from any company from any government to check what I'm buying oh yeah and some hacker could easily wiped out everything I got no thanks😅😅😅😅😅😅😅😅😅😅
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did not know the mint stopped making cents
They didn't, the bills never passed.
They didn't stop making pennies... I have no idea why this video claimed that.
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The voice over is repeatedly conflicting with the data shown on the screen. No thanks.
Not to mention how much of it is wrong. For example, the US Government has not stopped the production of pennies, though they probably should
@@markgriz yeah they stop the production of pennies occasionally but they are far away from abolishing pennies.
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Yeah they earned all that money selling money but then gave more away to other countries than what they earned so the big guy “ Magoo “ could skim his 10% of the top 😂
Lol. So true! Biden is a criminal.
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This script is hilariously bad. I know the mint has 13 robots that I think do all the work. And there were tens of other useless factoids. Epically amazing in how cringe this script is. But the nice robot voice mangling of pronunciation is the cherry on top
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The AI narration couldn't be worse.
Still heaps better than most Gen Z
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AI commentary mispronunciations and blatant misspellings distract from the presentation. Human
intervention in the form of GOOD EYEBALL EDITING can improve this video. Due diligence is way overdue!
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How much of this is just AI bullshit?
Starts off sounding like a 4th grade book report, spewing well known facts.
And the US didn't stop making 1¢. They've made like 6 to 10 billion every year, with no plans to stop.
Canada, yeah. Discontinued 2012
From Metal to Money: The Fascinating Manufacturing Process Behind Coin Minting! 🪙🔨 It's amazing to see how raw metal is transformed into the coins we use every day. The intricate steps and precision involved in minting make you appreciate those little pieces of currency so much more! 💰✨
A fascinating video. Thank You
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