Affluent Savvy
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What is a blank coin called?

A blank with a rim is called a planchet, although it's acceptable to continue to use 'blank' as a general term for a coin before it's struck.

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By Stephanie Meredith

August 26, 2020

Blank. Planchet. Upsetting. Burnishing. You may have heard these words before, but what do they mean? Learn about these terms to better understand how the U.S. Mint makes coins. To review the parts of a coin and the different coin finishes, such as proof and uncirculated, read Anatomy of a Coin. After a coin is selected and a digital sculpt finalized as described in part one of this series, die making begins the production process. In the die making process, the Mint makes several generations of hubs and dies. Hubs show a positive image the way the artist created it. Dies are like a photo negative, displaying the design in reverse. Dies act like a stamp to transfer the designs onto the coins. The Mint buys large metal coils 1,500 feet long to cut out blanks. Blanks are flat metal discs that will eventually become coins or medals. A blanking press punches out blanks from the coil like a cookie cutter. Blanks are annealed in a furnace to prepare them for striking. Annealing changes the physical properties of the metal to make it softer and allow it to be shaped without breaking. The annealed blanks will hold the design better during striking. To transfer the annealed blanks to the washer, the Philadelphia Mint uses a cylindrical rotating machine called a whirlaway. The Denver Mint uses a large scoop called a skip basket. After washing, the blanks travel to the upsetting mill. Upsetting means to “upset” the edge of a coin to create a raised rim. Some people also call this step rimming. The rim protects the final coin from wear and makes it stackable. A blank with a rim is called a planchet, although it’s acceptable to continue to use ‘blank’ as a general term for a coin before it’s struck. Special proof and uncirculated planchets go through a cleaning process called burnishing to smooth and polish the surface using metal pellets. Finally, the planchets travel to the coin presses for striking. Striking happens when the press forces the obverse and reverse dies together to transfer the design onto the coin. The coins are inspected for defects and then sent for packaging. If circulating coins don’t meet certain standards, the batch goes to a machine called a waffler. The waffler bends the coins to form wavy lines before they’re sent for recycling. How Coins Are Made: The Design and Selection Process goes through how coins are designed and a final design chosen. How Coins Are Made: Bringing Coins Into Circulation includes the process the Mint and the Federal Reserve use to get coins into circulation.

Production Process includes articles about sculpting, die making, and coin production.

Anatomy of a Coin describes the parts of a coin as well as circulating, uncirculated, and proof finishes. Historic Coin Production describes how coins were made from the 18th century to the 20th century.

See more Inside the Mint articles.

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What are the 3 elements of spirituality?

The shamans, healers, sages, and wisdom keepers of all times, all continents, and all peoples, in their ageless wisdom, say that human spirituality is composed of three aspects: relationships, values, and life purpose.

The shamans, healers, sages, and wisdom keepers of all times, all continents, and all peoples, in their ageless wisdom, say that human spirituality is composed of three aspects: relationships, values, and life purpose. These three components are so tightly integrated that it may be hard to separate them from each other. But if this were possible, take a moment to reflect on each aspect of human spirituality to determine the status of your spiritual well-being. This will be a monthly, three part series, beginning with relationships.

Relationships:

In simple terms, there are two categories of relationships: internal (your domestic policy)—how you deal with yourself, how you nurture the relationship with yourself and your higher self—and external (your foreign policy)—how you relate, support, and interact with those people (and all living entities) in your environment.

How would you evaluate your internal relationship and what steps could you take to cultivate it?

Moving from the aspect of domestic policy to foreign policy, how would you evaluate your external relationships?

Paul Aguirre

CD Counselor

AToN Center 888-535-1516

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