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<p>[QUOTE="ToughCOINS, post: 2519034, member: 20480"]Good questions all.</p><p><br /></p><p>I strongly suspect the blanking of bullion coinage is outsourced for 2 reasons:</p><p><br /></p><ol> <li>To make someone else responsible for security during as many operations as possible in the process, and</li> <li>To transfer the high cost of carrying bullion inventory to the vendor, rather than bearing most of that cost at the mint. Government operations are not known for being as efficient as private industry, and therefore, it is more affordable for the vendor to move the metal through whatever process steps the government is willing to outsource.</li> </ol><p><br /></p><p>Even for non-bullion blanks, it probably now make more sense for the mint to farm that work out for the very same reason . . . an inability to match the vendor's efficiency on a cost basis. It's entirely possible that no blanking is currently being done at the mints, and that the photo of the BP-05 press is not very current.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 2519034, member: 20480"]Good questions all. I strongly suspect the blanking of bullion coinage is outsourced for 2 reasons: [LIST=1] [*]To make someone else responsible for security during as many operations as possible in the process, and [*]To transfer the high cost of carrying bullion inventory to the vendor, rather than bearing most of that cost at the mint. Government operations are not known for being as efficient as private industry, and therefore, it is more affordable for the vendor to move the metal through whatever process steps the government is willing to outsource. [/LIST] Even for non-bullion blanks, it probably now make more sense for the mint to farm that work out for the very same reason . . . an inability to match the vendor's efficiency on a cost basis. It's entirely possible that no blanking is currently being done at the mints, and that the photo of the BP-05 press is not very current.[/QUOTE]
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