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<p>[QUOTE=&quot;Conder101, post: 1329449, member: 66&quot;]Copperking, have you ever studied the production of a coining press?&nbsp; you mentioned in the first post that 10 machines were turning out half a million pieces each a week.&nbsp; Was that running 24/7 or an 8 hr day?</p><p><br /></p><p>Lets assume they run very fast and that is from running them for an eight hour day five days a week.&nbsp; If so we can run it 24 hours a day with three shifts and make 1.5 milllion coins a week or 78 million coins per year with six man years of labor. (You said two men per machine so that is two per shift for three shifts or six man days per day)&nbsp; Now I don&#039;t know where people came up with that 300 million figure but the mints production is closer to an average of 3 billion coins per mint per year.&nbsp; So to make 3 billion coins at 78 million coins per machine per year you are going to need 39 machines per mint and it will take 234 man years of labor per year. (If I was wrong and the half million piece per week for the injection molder was with it running 24/7 then multiple the number of machines and man years needed by three.)</p><p><br /></p><p>Now the coining presses they use today strike 750 coins per minute or 1,080,000 coins in a 24 hr shift&nbsp; That&#039;s 5.4 million coins a week or 280 million coins per year with 3 man years of labor.&nbsp; So how many presses do we need to make the 3 billion cents per year?&nbsp; 11 presses and 33 man years of labor.</p><p><br /></p><p>If each person earns $50K per year the operators of the injection molding machines would cost $11.7 million to make $300 million in cents.&nbsp; The coining press costs $1.7 million in labor.&nbsp; So labor cost is much less and I would imagine an injection molding machine costs as much as a coining press so you have close to four times as much in machinery cost and need four times the floor space. (Not to mention they already have the coining presses)</p><p><br /></p><p>The ideal solution would be to eliminate the cent, then they could switch those presses over to production of other coins and probably save more money by eliminating one full work shift or more (Currently the mint runs 24/7, eliminate the cent and they could probably satisfy the rest of their production running 16/5 or less.)[/QUOTE]</p><p><br /></p>

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