Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Enigma of the 1921 Morgan
>
Reply to Thread
Message:
<p>[QUOTE="messydesk, post: 25481421, member: 1765"]So they say. As far as I know, the presses could coin dollars at 80 per minute. Perhaps this number is wrong for 1921, but that was the rate in 1878. A million coins is about 208 press-hours of minting. Running non-stop 12 hours a day, you'd need 17.3 days to make a million dollars on a single press. You could do it in 4 with 5 presses. Not sure they had that many making dollars, but maybe they did. Then there's down-time for changing dies, which they had to do far more often than with the Morgan dollars, as they were only averaging 25,000 coins per die pair with the high relief design. 250,000 coins a day is pretty amazing if the number is correct and they were all minted in 1921.</p><p><br /></p><p><br /></p><p>And now they're in the form of 1919-(C) Indian Rupees.[/QUOTE]</p><p><br /></p>
[QUOTE="messydesk, post: 25481421, member: 1765"]So they say. As far as I know, the presses could coin dollars at 80 per minute. Perhaps this number is wrong for 1921, but that was the rate in 1878. A million coins is about 208 press-hours of minting. Running non-stop 12 hours a day, you'd need 17.3 days to make a million dollars on a single press. You could do it in 4 with 5 presses. Not sure they had that many making dollars, but maybe they did. Then there's down-time for changing dies, which they had to do far more often than with the Morgan dollars, as they were only averaging 25,000 coins per die pair with the high relief design. 250,000 coins a day is pretty amazing if the number is correct and they were all minted in 1921. And now they're in the form of 1919-(C) Indian Rupees.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Enigma of the 1921 Morgan
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...