What are the steps involved in minting?

Minting refers to the process of creating coins. The steps involved in minting typically include design and planning, production, and distribution. First, a design is prepared for the coin, often incorporating significant symbols, images, or figures associated with the issuing authority or country. Once the design is finalized, the production stage begins, which involves creating coin dies, usually through engraving or computer-aided techniques. These dies are then used to strike the metal blanks, shaping them into coins and imprinting the design on them. Finally, the newly minted coins are inspected for quality and accuracy before being packaged and distributed to banks, collectors, or other intended recipients. Throughout the process, security measures are implemented to prevent counterfeiting and ensure the integrity of the minted coins.

This mind map was published on 11 September 2023 and has been viewed 48 times.