Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Recovering money from scrapped vehicles
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 4870542, member: 66"]That was how they detected the fraud. The redeemed coins had a high silica content and other trace metals which aren't found in US coins.</p><p><br /></p><p><br /></p><p>They do. Cent planchets are received from Jardan Zinc ready for striking, nickel and clad strip comes in from an outside supplier, I don't know the name, and the blanking and upsetting is done at the Mint. </p><p><br /></p><p>The strip for the dollar coins is supplied by Olin Brass and once again the mint does the blanking and upsetting. </p><p><br /></p><p>Ready made planchets for the gold and silver coins are fabricated by outside firms from metal provided by the Mint. </p><p><br /></p><p>Defective coins are waffled. Those coins and the chopped waste webbing from the strip after blanking is sold as scrap by the GSA and is typically repurchased by the strip suppliers and recycled into new strip.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 4870542, member: 66"]That was how they detected the fraud. The redeemed coins had a high silica content and other trace metals which aren't found in US coins. They do. Cent planchets are received from Jardan Zinc ready for striking, nickel and clad strip comes in from an outside supplier, I don't know the name, and the blanking and upsetting is done at the Mint. The strip for the dollar coins is supplied by Olin Brass and once again the mint does the blanking and upsetting. Ready made planchets for the gold and silver coins are fabricated by outside firms from metal provided by the Mint. Defective coins are waffled. Those coins and the chopped waste webbing from the strip after blanking is sold as scrap by the GSA and is typically repurchased by the strip suppliers and recycled into new strip.[/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
>
Recovering money from scrapped vehicles
>
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...