Affluent Savvy
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A planchet, or coin blank, was made by pouring molten metal into a mold, then allowing it to cool and harden. The blank was reheated to soften it for striking, then was placed on the anvil die with the punch positioned over it.
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Read More »Steam presses, using lever power rather than hand power, were introduced at the Philadelphia Mint. Hand-operated roller and screw presses were replaced during the Industrial Age with steam-powered coin presses, developed by Matthew Boulton and James Watt. These new presses used a "toggle joint" mechanism, yielding far greater pressure upon the planchets (coin blanks) than the screw press operated by humans or horses. The coin blank was now automatically placed in the center of the die where a collar impressed graining on the coin's edges. Not only did this invention enable mints to produce thousands of coins, but it cut down on the centuries-old problem of clipping. Used throughout most of the 19th century, these steam presses corresponded with the era of steamships, steam-driven locomotives, and even early steam-driven automobiles.
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Learn More »This planchet, when it leaves the coin press, will have become a Washington quarter. The dies are mounted in an electric or hydraulic coin press. A coin blank or planchet is inserted upon the lower die, and the upper die is then forced against the planchet with many tons of pressure. As the coin blank is squeezed by the press, the metal "flows" outward to the collar or retaining die – which may have vertical grooves known as reeding – though some coins such as Presidential and Native American dollars have edge inscriptions. The metal also flows into the recessed design on the dies, creating a "raised" image on the coin. Finished coins are mechanically sorted and counted, frequently inspected, and conveyed to bagging and rolling machines. Special collector issues, such as Proof coins, are hand fed into the coin press and hand removed, avoiding any contact with other coins, and specially packaged to protect their exceptional Proof finish.
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