How does the process of minting work?

Minting refers to the process of manufacturing coins by a government or authorized entity. The process typically begins with the production of coin blanks, which are round metal discs of predetermined dimensions. These blanks are then fed into a coining press, where they are struck with a die that imprints the desired design and inscriptions onto both sides of the coin simultaneously. The press exerts a tremendous amount of pressure, causing the metal to flow and take the shape of the die. After minting, the coins may undergo additional steps, such as cleaning, polishing, and, in some cases, edge reeding. Minting combines precision engineering and metallurgy to produce coins that meet the required standards of weight, dimensions, and design accuracy.
This mind map was published on 12 September 2023 and has been viewed 62 times.

You May Also Like

What are the advantages and disadvantages of steganography?

What are the best angles and compositions for real estate photography?

What are the characteristics of an effective undercover agent?

How do technological tools impact the production and commercialization of industrial activities?

What is minting in blockchain?

How does minting process work in blockchain environment?

What is a token generation event?

What are the steps involved in minting?

What is the purpose of minting in blockchain for digital assets?

How does the minting process ensure authenticity and security?