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 Replies: 15 / Views: 1,676 |
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Pillar of the Community
Canada
3690 Posts |
I found this quite shocking. Obviously that is the maximum they can produce but that is roughly equivalent to 17,000,000 coins per year.  No wonder the quality has suffered so much in the past few years.  |
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Pillar of the Community
Canada
5324 Posts |
The Ottawa Mint NCLT are I believe all double struck on super slow speed for so call superior quality but it's great to get tidbits of info regarding the RCM. |
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Pillar of the Community
 Canada
3690 Posts |
Correct. Some coins they claim are struck multiple times.
Obviously, they have a lot of excess capacity given that even at an average selling price of $50 per coin (a wild guess on my part), they would be able to generate over $800M in revenue and their actual revenues are more like $200M.
So why do they have so much capacity? They can't possibly think they can produce even more coins than they do now...can they?
Edited by CC-Ottawa
03/23/2017 2:19 pm
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Pillar of the Community
Canada
634 Posts |
We shouldn't have any issue with capacity abilities-so likely as RCM NCLTs production is not outsourced somewhere other than Canada, eh? |
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Pillar of the Community
Canada
5324 Posts |
The newest Shuler presses can crank outwards of like 800 coins a minute, like in Winnipeg apparently loonies are struck at around 400 a minute, kind of shows the lack of quality.
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Pillar of the Community
Canada
1747 Posts |
mass produced in China.....
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Pillar of the Community
Canada
634 Posts |
That's 6 coins per second- how they do that?
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Pillar of the Community
Canada
5324 Posts |
If you are in Winnipeg, take the tour it's amazing to see the presses and the whole operations going.
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Moderator
 United States
54280 Posts |
Quote:
That's 6 coins per second- how they do that? Maybe they have more than one coin press. |
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Pillar of the Community
Canada
634 Posts |
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Pillar of the Community
Canada
5324 Posts |
How do you think Winnipeg cranks out some years over a 100 million loonies and toonies a year plus create coins for about 30 foreign nations, or US mints cranking out 10 times more with 3 or 4 mints
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CCF Master Historian of USA Commemoratives
United States
12257 Posts |
Quote:
That's 6 coins per second- how they do that? Generally speaking, the high coins-per-second rates are a result of today's presses being set up to simultaneously strike multiple coins (four, six, eight, etc.) vs. the single coin presses of years back. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
5239 Posts |
Yet apparently they are having financial trouble.
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Pillar of the Community
Canada
693 Posts |
Quote:
Generally speaking, the high coins-per-second rates are a result of today's presses being set up to simultaneously strike multiple coins (four, six, eight, etc.) vs. the single coin presses of years back. Canada uses single coin presses, otherwise we would be seeing multi-coin press errors such as saddle strike errors. |
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Pillar of the Community
Canada
634 Posts |
Scissel - true
No saddle strikes...to be seen...
Single coin presses = better quality controls, limit errors...hence error coins in pocket change completely nonexistent...
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Pillar of the Community
Canada
5324 Posts |
The RCM has been using Shulers since the 70s or around then, the lack of errors recently is due to new technologies to weed out the errors before rolls. |
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Replies: 15 / Views: 1,676 |
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Posted 03/23/2017 2:18 pm
