A Quick History of Money: From Cash Cows to Crypto-Currencies by Clive Gifford

Author:Clive Gifford [Gifford, Clive]
Language: eng
Format: epub
Tags: Juvenile Nonfiction, Concepts, Money, history, General, Business & Economics
ISBN: 9780711264366
Google: 96cSEAAAQBAJ
Publisher: Wide Eyed Editions
Published: 2021-07-13T00:16:41.246525+00:00

Planchets are fed into a stamping machine, which exerts TONNES OF PRESSURE on the discs as both sides are stamped with the coin design. This is called “striking.” Samples of the struck coins are inspected by microscope.

Any that don’t make the grade head for a meeting with the dreaded waffler where they are crushed between two high-pressure rollers that create a ridged pattern. This makes them useless, so they’re not stolen before recycling.

If all these stages (and more) run smoothly, a mint can churn out coins. The US Mint in Philadelphia produces over 35 MILLION COINS A DAY—that’s mucho money!

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.