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From Metal to Money: The Fascinating Manufacturing Process Behind Coin Minting

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From Metal to Money: The Fascinating Manufacturing Process Behind Coin Minting
In May 2024, the largest coin collection is set to go on sale. It belonged to a Danish businessman named Bruun, who died 100 years ago. He collected over 2,000 coins from Denmark, Norway, and Sweden. According to some experts, Bruun's Collection could be worth up to $72 million. He started collecting coins when the world was going through a great war.
But the history of coins is thousands of years old. In the Iron Age, people started making coins. The first coins are mostly linked with the Iron Age of the late 7th century BC, particularly with the state of Lydia. Some historical evidence highlights that coins made of gold and silver existed even before this time, and they were called electrum. Interestingly, the famous ancient Greek poem Odyssey mentions the usage of coins during those times.
Since then, coins have been in production. Nowadays, almost every country produces its own coins. In 2023, the US alone produced more than 11,381,640,000 coins. But today, the manufacturing of coins is very different.
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Опубликовано:

28 авг 2024

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Комментарии : 254

@joselucca2728 23 дня назад

The collector died in 1923 but somehow managed to start collecting coins during WWII. That fact alone is mind blowing.😯

@therealstorey 11 дней назад

Over 2000 coins (Quotes 20k coins) Thumbs Down.

@lyleslaton3086 Месяц назад

Digital currency doesn't work when the lights go out.

@Relax-288 Месяц назад

@conitorres9774 Месяц назад

That’s why they want them. Control.

@bubbajones4522 Месяц назад

Or when the government decides you've been naughty.

@Motorizedstuff Месяц назад

It dose when my lights go out my phone is still on and I have a power bank so I think you are wrong there lol

@themoose5419 29 дней назад

Or when the cell phones were down for like 7 hours (att) then

@marcosdeto9409 2 месяца назад

A guy that died 100 years ago started collecting coins 80 years ago 😂😂😂😂

@-sawal 2 месяца назад

I think it was the first world war not the second

@hugohabicht9957 Месяц назад

A miracle man

@Kannan-pk2kq Месяц назад

@Relax-288 Месяц назад

Han

@GreysonC387 29 дней назад

@@-sawalI would think so, this video doesn’t use the best images. For the Denver mint mark instead of using the actual mint mark they used the designer’s initials

@swagzoneus 2 месяца назад

This video is simply fantastic, I enjoyed it a lot! 🎉

@aplmak1 Месяц назад

Look at the CrowdStrike outage.. you wouldn’t be able to purchase any food or needs during an outage crisis.. I believe outages will become more frequent..

@toomanyjstoomanyrs1705 Месяц назад

Sure, let's go for digital currency. What could go wrong? The government is so trustworthy that they would never abuse it.

@bubbajones4522 Месяц назад

Gold is the money of kings, silver is the money of gentlemen, bartering is the money of peasants and debt is the money of slaves. All of todays currencies especially the dollar are debt based. We are the slaves of those who created this "money".

@toomanyjstoomanyrs1705 Месяц назад

@@bubbajones4522 Nicely said.

@christopherlawman9521 Месяц назад

Exactly! These Crypto dipsh*ts genuinely believe that their digital money is safe from the government, which is kind of ironic when you consider that the whole point of Crypto is to decentralise. It has already been shown that governments can easily track people using BitCoin to purchase illegal stuff on the dark web, you can’t tell me that they can’t manipulative it.

@ErikBramsen 27 дней назад

They are perfectly capable of abusing physical coinage, in particular fiat coins.

@terrancenorris9992 27 дней назад

On August 14, 1935 the U.S. government inaugurated Social Security. The government proclaimed that a person's number would be sacrosanct and NOT be used as an Identification number for citizens... Yeah, sure, your number became your identification AND your taxpayer number. The government decreed that every newborn child will receive a Social Security number and VOILA! EVERY LEGAL RESIDENT in the U.S. became identified. As sure as the sun shines, digital money will track you for EVERYTHING you earn and spend. It can be taken from you at ANY TIME. Will the American people become American "sheeple"?? Just damn!!!

@thomasmarchetti9123 8 дней назад

Coins give us Freedom!

@johnbethea4505 Месяц назад

I can't imagine the mint giving up making these billions of dollars from making coins just because they can gather information on us.

@kaynefryday6637 Месяц назад

Exactly we really are not that interesting 😂

@themoose5419 29 дней назад

They will make government nft’s 😂

@DrMatey215 26 дней назад

Very informative and interesting. I'm awed at the whole process!

@scottrobinson7739 2 месяца назад

Long live the coin,, well be doomed without it

@kaynefryday6637 Месяц назад

We can live without coins but we can’t live with “ Magoo “ running the show

@eastonvonschist2283 29 дней назад

@@kaynefryday6637 Without physical currency the government would have complete control over digital currency. Not sure you would want that.

@onmyworkbench7000 Месяц назад

Back in the mid 1980's I worked in a company that did government contracts, every week we received a book with government contracts that we could bid on and one of the contracts listed in the book was for making one cent blanks, the contract stated that a manufacture would be *_PAID TWO CENTS EACH TO MAKE ONE CENTS BLANKS!!!_*

@IYar56 25 дней назад

Our tax dollar making someone rich.

@mrvrose9999 13 дней назад

Great video!👏👏

@user-vb3sd7hq3g Месяц назад

Wao excelente trabajo, cómonsando con el trabajo a mano, ♥️♥️🌈👍👽

@jjcooler65 28 дней назад

You are very confusing, first you said that his coin collection was 2000 when it’s actually was 20,000 pieces. And then you said he started collecting coins during World War II, which didn’t happen till 1940s and he died in 1923. You really need to get your facts straight.

@SanchoPanza-wg5xf 27 дней назад

You gotta question how much a human contributed to the production of this show.

@mikepowers7093 27 дней назад

I was only 38 seconds in and was going to let this guy know how incorrect he was and you beat me to it. Well done. People aredumb anymore and they want to teach you.

@rickstephens1130 26 дней назад

They are not human beings that are talking about the subject. They are using A-I and that's what makes me mad about these videos?

@mikepowers7093 26 дней назад

@@rickstephens1130 good call. I'm a tech imbecile. I like carburators and paper and pencils LOL

@stefanporajski6347 25 дней назад

They guy started collecting through the great war which is WW1.

@juggernautenterprise 27 дней назад

Remember that any digital currency using block-chain tech requires a shitton of computing power, thus electricity and thus resources.

@rickstephens1130 26 дней назад

I think that having a piece of money in hand is relevant and it makes sense that you can hold onto your money physically. People like to know that they see what they have in hand? Im not sure if even any of this makes sense at all or not? I enjoy having coins. It's been the American way for years. you can buy things and you know what you have, and the seller can physically see what they have been given to validate the sales

@Edoc-g6o Месяц назад

Very informative..

@dennisk5818 2 месяца назад

Wonderful video. I've lived near Philadelphia for a long time, yet, I've never taken the tour they offer. This gives a great look at how coins are 'manufactured'.

@froggy0165 23 дня назад

Actually an awful video full of inaccuracies

@dennisk5818 22 дня назад

@@froggy0165 Yea, I saw and heard some, too. But it was good to see this perspective.

@dhuyvaert 23 дня назад

So sick of these AI generated videos.

@xoxoxoxoxo7997 8 дней назад

Stop watching them lmao

@8901WCTENNESSEE 19 дней назад

and i hope they always make coins money

@red7fifty Месяц назад

By the way, SICK of listening to A.I. voices.

@stevemull2002 29 дней назад

This is a nice change from some of the vids i watch😀

@user-zq8js3cb6v 28 дней назад

Long before one could transfer huge sums of monies from one end of the globe to another on a very short time

@RX-8GT 26 дней назад

“Nice change” lol Double standard 😂💀

@stevemull2002 26 дней назад

@@RX-8GT glad you got my little pun

@virginiamontoya2685 Месяц назад

Oh yeah digital currency I like my currency be tracked by anybody from any company from any government to check what I'm buying oh yeah and some hacker could easily wiped out everything I got no thanks😅😅😅😅😅😅😅😅😅😅

@tgramachandran5125 Месяц назад

Since incessant inflation has ERODED the value of most of the nation's currencies,coins have lost their RELEVANCE.

@FabioAndersonGooglellc Месяц назад

Very Nice

@rafalfediuk505 27 дней назад

Oooohh... a coin made out of glass 🤯 how about that for collectors item 😁

@mathphysicsnerd 26 дней назад

Palau and a bunch of British island territories have actually issued coins with a glass center inset. They're quite gorgeous

@jokerbookshop 11 дней назад

The documentary didn't talk about the 1965 silver quarters error.

@hbh2470 Месяц назад

Not all countries produce their own coins. The Canadian mint in Winnipeg, MB, Canada produces coins from all over the world.

@user-zq8js3cb6v 28 дней назад

This topic about money everyone brightens up

@Brian3989 27 дней назад

@@user-zq8js3cb6v In the United Kingdom the Mint produce coins for other countries, including some countries and islands, though not sure which countries. They produce coins for Jersey, Guernsey, Isle of Man and Falkland Islands, size and value same for all the coins but different Heads face.

@dannydougin3925 25 дней назад

2.6 *billion* people don't have internet? How is that possible?

@SideWalkAstronomyNetherlands 29 дней назад

In the Netherlands we rarely use coins or paper money, we have a PIN pass provided by our Bank, and a secret PIN number..We use the card to pay everywhere, even on street markets these days..

@RX-8GT 26 дней назад

Netherlands I would assume it’s way advanced from what people think And also a beautiful place👍

@techmarine83 2 месяца назад

The voice over is repeatedly conflicting with the data shown on the screen. No thanks.

@markgriz 2 месяца назад

Not to mention how much of it is wrong. For example, the US Government has not stopped the production of pennies, though they probably should

@-sawal 2 месяца назад

@@markgriz yeah they stop the production of pennies occasionally but they are far away from abolishing pennies.

@jackmacica5407 28 дней назад

If the guy died 100 years ago (1924) how did he collect coins during WWII (1943)?

@christoffer4862 Месяц назад

I would use digital currency if it didn't require an internet connection.

@dubsydubs5234 24 дня назад

0:20 Good start to the video, 2,000 coins you say, you sure about that? WW1 is known as the great war not WW2.

@johntracy72 24 дня назад

Cash is king and is unaffected by power outages.

@julianp2868 28 дней назад

A lovely post, this process must be different around the World because the UK has the worse outage of coins I have ever come across.

@dousethemouse 27 дней назад

the US mint still mints pennies,

@keinlieb3818 28 дней назад

Imagine a few EMPs from an enemy goes off and completely wipes out digital currency and power making digital currency absolutely worthless. Already a threat with banks as all their currency is in the computer already.

@comandergold93 Месяц назад

There’s actually a mist considered a fact in this video, which is about the US penny they still produce the US penny they did not stop making them

@jasonsummit1885 Месяц назад

April 1st 2023, the last batch of US pennies was produced. So, unfortunately we have stopped minting the penny.

@dandydave1949 Месяц назад

I had heard prior to that date that the end was near! Needless to say I have a bunch of shiny pennies stashed away! 😂

@nunyabitnezz2802 Месяц назад

And yet, nothing I buy seems to cost a round number.

@Snargfargle 27 дней назад

@@jasonsummit1885 There are 2024 pennies in circulation. The US Mint has made no announcement about halting penny production.

@johnrtrucker 11 дней назад

One reason to not go stricktly digital currency is our flimsy power grid and another reason digital currency is too easy for govts to control who can buy what or if they can buy or sell at all

@philtowle4683 27 дней назад

Mint!

@mehrunnissashaikh-ez2br Месяц назад

Future of metal 🪙 coin nice

@Relax-288 Месяц назад

@WhiteHorseOfKilburn Месяц назад

Cash is king 💪

@bubbajones4522 Месяц назад

@matildamcgillicuddy3935 24 дня назад

The same effect also shows up in some flies, beetles, dragonflies, and other small animals. Is it just a phenomenon of the small? What could size have to do with it?

@giannidcenzo 25 дней назад

Rock and roll tuna pants

@williamrafferty6811 27 дней назад

Saying that cryptocurrency is cheaper fails to take into account the outrageous amounts of energy used to ‘mine’ this invisible currency. Either way, the planet suffers, but at least with a coin, you can probably use it when the power’s out or the Web goes down.

@OkYah.DiscoveryUSA 8 дней назад

vid niceee

@mdmarko 18 дней назад

People use cash because cash can't be traced.

@jeffliroff 24 дня назад

The USA has not stopped production of pennies, contrary to the assertion in this video.

@ChuckyMcNubbin72 Месяц назад

The AI narration couldn't be worse.

@sicpuppy9435 Месяц назад

Still heaps better than most Gen Z

@geigertec5921 Месяц назад

It says wrong information with such confidence.

@evanswinford7165 Месяц назад

I found an unstuck blank quarter in a mint roll I got at the bank when I went to get change for were I was working. I showed to my manager all he could say was 'so what' I told him you will never see or find another unstuck blank in a roll of quarters again. It went in my pocket and I put quarter in the register from the tip can. Back then in the late nineties an unstuck blank quarter was going for about $25 at coin shows.

@edwardcooper5479 25 дней назад

So it was basically a washer .

@evanswinford7165 25 дней назад

@@edwardcooper5479 A coin blank because it’s copper nickel clad fresh out of a U.S. Mint roll and doesn’t have hole in it but other than that very much like a washer.

@robbertbottom Месяц назад

the person that puts the rim on is called a rimmer?

@nunyabitnezz2802 Месяц назад

Yes, he applies and gets a rim job.

@IYar56 25 дней назад

This ai can't lie, yet it does.

@petert24turner71 26 дней назад

Australia stopped producing 1 & 2 cent coins in 1992. When purchasing with cash the amount is rounded up or down for the odd cents to the nearest 5 cents.

@neilward9932 25 дней назад

They are now talking about getting rid of the 5c coin as well.

@dannydaw59 27 дней назад

No mention of bitcoin mining that uses a lot of electricity which might be provided by a coal power plant.

@kavendorsvlogs0425 11 дней назад

🧡🧡🧡🧡

@user-nm2wl9pq7o 27 дней назад

З Олегом монетами.Біле-жовте🎉 (Очищення ❤Свєта. ).?Картини, Діву з лілія. Діву з 4-Дітьми ❤.

@ristube3319 26 дней назад

How can someone die 100yrs ago, and START collecting 20 years after being dead?!

@leelydston1225 Месяц назад

At 2:41 in the video you're highlighting the designers initials and NOT the Mint Mark. On the Sacagawea Dollar coin, the Mint Mark is on the edge of the coin. (The Third Side)

@jfmorty 28 дней назад

With a grave error in the first seconds of this video, it's bias and misinformation is frightening

@slipchuck1 27 дней назад

They are forgetting that bit coin mining takes enormous amounts of energy to make which is $$$

@kaynefryday6637 Месяц назад

Yeah they earned all that money selling money but then gave more away to other countries than what they earned so the big guy “ Magoo “ could skim his 10% of the top 😂

@arthurwebb3247 Месяц назад

Lol. So true! Biden is a criminal.

@chambleton702 Месяц назад

West point is the fourth mint for special coins or years As well as silver and gold coins mainly

@TheMysticSaint 23 дня назад

Don't waste your time on this video. This guy clearly hasn't fact checked anything. How silly to say the US stopped production of pennies. That would be a logical and intelligent decision which tells you that it is beyond the capability of our convoluted government.

@russellarmer-ml1ir Месяц назад

did not know the mint stopped making cents

@davidmontierth8258 Месяц назад

They didn't, the bills never passed.

@ninjakkk Месяц назад

They didn't stop making pennies... I have no idea why this video claimed that.

@ML98837bob Месяц назад

You mean sense don’t you?

@markthompson4885 Месяц назад

Dam I was just going through my pocket to see what the newest penny I had was.

@russellarmer-ml1ir Месяц назад

@@davidmontierth8258 am not against doing away with the cent still put them in collectors sets because collectors pay for them would like to see the wheat cent come back to represent us agriculture which is the best in the world

@mikeblake1000 26 дней назад

I'm assuming you meant 'die making' not 'dye making' 😂

@Wolfmancollectibles 15 дней назад

It actually coasts the government half the face value of coins and bank notes to mint and print coins and bank notes! And then the banks pay a 1/4 less then face value to obtain the coins and bank notes then sell them to us at face value and to businesses for over face value, all in all the FED and the banks end up making profit off of us! So NO it doesn't coast more then face value to mint and print coins and bank notes!

@raouldontneedthem3416 27 дней назад

It is a pity that such an interesting video narrated in a very nice to hear British English speak only about U.S. coins (it is incorrect to say "American" coins/"American" Government), instead of describing the manufacture of more interesting British coins. Regards.

@DallasLeslie-kz5tn 21 день назад

What about ancient coins please?

@rickl7604 Месяц назад

The "D" mint mark previously represented the Dahlonega mint in Georgia. The produced coins from 1838 through 1861.

@RX-8GT 26 дней назад

I thought it was Denver

@rickl7604 26 дней назад

@@RX-8GT Denver mint started in 1863. Coins dated prior to 1863 with a "D" were minted in Dahlonega.

@mugglescakesniffer3943 26 дней назад

In God we trust is on the coin because the God IS the coin. See how they did that. Hidden in plain sight.

@LaurenceDay-d2p 27 дней назад

Pennies should be phased out. Prices such as $9.99 are ridiculous. All prices should be multiples of 5 - more efficient and convenient.

@anthonyyeznach847 26 дней назад

Is this "British English"??? In American English a dye is a colorant. The device to coin metals is called a die.

@neilward9932 25 дней назад

If someone pronounces the word, please do tell me which way its spelled !

@MikeWilliams-yp9kl 27 дней назад

Manufacturing money and Environmental damage? E.V.s Manufacturing has a Higher Environmental Damage footprint than coins..

@-sawal 2 месяца назад

What is your goal in life: Money money money. Now, it's money manufacturing...😅

@theonlyjimjones 22 дня назад

15:25 What do you mean it takes no material to make bitcoin? You literally need a computer, which is material.

@neilward9932 25 дней назад

Please make up your mind how to pronounce " annealing", you had a few attempts !

@chriskhuchar6032 22 дня назад

20,000 not 2,000

@mugglescakesniffer3943 26 дней назад

Um cause they are real and crypto is always at risk from hackers.

@danielserrano591 Месяц назад

quarto primer 1 brush

@weasel6three597 26 дней назад

So many mistakes in this video

@petervenema1443 23 дня назад

Crypto currency is nonsense - a number on a screen - physical coins are a personal possession - something you can hold and evaluate - humanity likes coins rather than a fake computer MANIPULATION of Crypto currency - people are NOT machines they are living beings - with feelings of happiness and satisfaction- and knowing what you posses - where does Crypto come into that world ??

@red7fifty Месяц назад

From Metal to Fiat.

@enemesioalbertoorellanar-kx5bu 22 дня назад

100 $1 ORIGINAL GENERAL UNITED STATES EL SALVADOR NEW BANDERA MUNDIAL 11 RALLAS 1 ESTRELLA.

@louisarmstrong-r6p Месяц назад

Well it's simple corruption if it was not about self greed then everybody would profit, all you have to do is walk out you front door and what do you see POVERTY .

@danielserrano591 Месяц назад

money monetary