Author Topic: Funny minting  (Read 98 times)

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Offline Genio popvli romani

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Funny minting
« on: August 11, 2017, 11:53:37 AM »
I am currently on Rhodes Island and can't wait to be back to home to share this funny machine in which you put a 5 €cent and press it to make a souvenir coin.
These machines exist elsewhere but it is original to find them where metallic coin has been "created".
« Last Edit: August 11, 2017, 01:23:04 PM by Genio popvli romani »
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Offline Victor

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Re: Funny minting
« Reply #1 on: August 11, 2017, 03:31:01 PM »
in the US, these machines are found at many tourist places. I live in Nashville (which is mostly known for country music...but trust me, there is a lot more going on...just not much with ancient coins) and there are a few of these, which take 1 cent coins.


Offline Genio popvli romani

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Re: Funny minting
« Reply #2 on: August 11, 2017, 04:17:14 PM »
But here in Greece, Solon would be proud of such a machine transforming 5c in 1€....For the machine owner !  ;D
I don't know if it is the same with your cents (i never tried a magnet) but our € cents are not made of copper but with copper plated steel....
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Offline Victor

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Re: Funny minting
« Reply #3 on: August 11, 2017, 04:32:10 PM »
modern US pennies are copper plated zinc...and cost almost twice as much to manufacture as they are worth.

Offline Genio popvli romani

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Re: Funny minting
« Reply #4 on: August 11, 2017, 04:43:09 PM »
In 2005 La Monnaie de Paris sold 1c coins to Banque de France for 4,5c. Now the manufacturing cost is estimated around 1,15c.
As the 1c is quite not used, it should disappear soon or late.
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