Make your own coins?

Discussion in 'Coin Chat' started by Kentucky, Oct 31, 2019.

  1. Kentucky

    Kentucky Supporter! Supporter

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  3. ldhair

    ldhair Clean Supporter

    50 ton? Cool old press.
     
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  4. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Danial Carr impersonator?
     
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  5. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    As by the 'link', this fellow is a 'nut'.....
     
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  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    And it has a microwave on top.
     
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  7. Islander80-83

    Islander80-83 Well-Known Member

    I thought it was a Halloween costume! :hilarious:
     
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  8. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    What's the price? $119.00 or $11,900?

    It's not clear o_O
     
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  9. dwhiz

    dwhiz Collector Supporter

  10. kaparthy

    kaparthy Well-Known Member

    Nice old machine. Gotta love 'em... but these days, you can sinter metal with a 3-D printer. And there are job shops who will do it for you.
     
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  11. ldhair

    ldhair Clean Supporter

    It's a bit small to do a good job on coins.
     
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  12. Islander80-83

    Islander80-83 Well-Known Member

    Screen Shot 2019-11-01 at 9.27.58 AM.png
     
  13. Conder101

    Conder101 Numismatist

    Too high a price for such a small press. 50 ton is large enough to do a cent or dime sized "coin" in copper or copper nickel, probably something larger in aluminum or pewter. And you can get a 100 ton shop press that will do close to silver dollar size in coinage metals for about half that.
     
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  14. SmokinJoe

    SmokinJoe Well-Known Member

  15. SmokinJoe

    SmokinJoe Well-Known Member

  16. Michael K

    Michael K Well-Known Member

    What kind of coins are you going to make, counterfeits?
    $11,900 seems like a lot for making your own coins. How are you going to
    get any return on your investment?
     
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  17. Nyatii

    Nyatii I like running w/scissors. Makes me feel dangerous

    Sell them on Etsy.
     
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  18. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    All sorts of clubs and businesses produce tokens for advertising and such. You wouldn't make "coins" unless you are a blatant counterfeiter - you'd make original tokens or medals.
     
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  19. Michael K

    Michael K Well-Known Member

    Yes. But for $12,000 you could have an outside agency produce such coins, tokens, medals for a fraction of that cost. $100 can probably get you 200-400 coins from an outside token producer.
     
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  20. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Where do you think the outside agency gets the equipment to make your tokens?

    Someone would buy this machine if *they* wanted to be the producer of such things. Most people wouldn't buy this just for themselves!
     
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  21. Nyatii

    Nyatii I like running w/scissors. Makes me feel dangerous

    Michael, if you wanted a unique design I believe the cost to make the dies for that design would be fairly expensive. I know to have specialty dies for my swage press it costs me $900-$1300. And those are fairly simple compared to making and engraving one or more sides.
     
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