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Goldmine Of Errors Hiding In Old Press

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Pillar of the Community
Canada
1505 Posts
 Posted 02/07/2015  9:22 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
It seems surprising that you could buy something like that at auction, with modern CAM programs and high res scans, I wonder how difficult it would be to re-engineer a few dies and start making coins. On a US quarter, it is about 15% metal costs + premium for cost of blank. Buy a coin operated business, roll the new ones in with the ones collected and take them to the bank.

At 10k coins/hour, it would add up quick.
Pillar of the Community
Canada
1505 Posts
 Posted 02/07/2015  9:24 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
And by CAM, I mean Computer Aided Machining, not the auto-tagged reference
Bedrock of the Community
JimmyD's Avatar
Canada
21654 Posts
 Posted 02/07/2015  10:01 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Thanks Pennyman-
It is a great story.
Forum Kid
Vancouver IslandCoinKid's Avatar
Canada
1074 Posts
 Posted 02/07/2015  10:31 pm  Show Profile   Bookmark this reply Add Vancouver IslandCoinKid to your friends list Get a Link to this Reply
wow that is cool~ thanks for sharing~
Pillar of the Community
MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 02/07/2015  10:56 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I hadn't seen this before thanks for sharing.

Nothing surprises me with the US government. For a period of time it was possible to buy totally effaced State Quarter dies from the mint until they realized that it might not be a good idea to let something that valuable be out there.

-MV
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oih82w8's Avatar
United States
7840 Posts
 Posted 02/07/2015  11:17 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I have seen this before, but it has been a while...thanks for the revisit!
Pillar of the Community
Alexer's Avatar
Canada
2632 Posts
 Posted 02/08/2015  11:18 am  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
Thanks for all the comments except I dont know what 'faints' means..lol
Kind of amazing being an older press yet capable of pumping out about 2.5 coins per second.
Valued Member
Canada
329 Posts
 Posted 02/08/2015  2:11 pm  Show Profile   Bookmark this reply Add wazzappenning to your friends list Get a Link to this Reply
machinists would remake a bolt to exact same diameter and threads per inch etc. as for the function of the bolt, I believe it said it was an adjustment bolt which doesn't sound like it needs to be able to withstand pressures, but a machinist also looks at what the function of a part is and determines what material/strength is required. I can almost guarantee it would have worked.

the only reason I could think of was that he wanted to keep it original, but the bolt was fabbed in germany, not remaining original stock, and he added/modded many other parts anyways.

but yes thank you for the interesting read. I wonder where/if all the medallions were sold.
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steve123's Avatar
Canada
805 Posts
 Posted 02/08/2015  7:21 pm  Show Profile   Bookmark this reply Add steve123 to your friends list Get a Link to this Reply
Fantastic story! Thanks for sharing!




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