From Metal to Money: The Fascinating Manufacturing Process Behind Coin Minting

From Metal to Money: The Fascinating Manufacturing Process Behind Coin Minting
In May 2024, the largest coin collection is set to go on sale. It belonged to a Danish businessman named Bruun, who died 100 years ago. He collected over 2,000 coins from Denmark, Norway, and Sweden. According to some experts, Bruun's Collection could be worth up to $72 million. He started collecting coins when the world was going through a great war.

But the history of coins is thousands of years old. In the Iron Age, people started making coins. The first coins are mostly linked with the Iron Age of the late 7th century BC, particularly with the state of Lydia. Some historical evidence highlights that coins made of gold and silver existed even before this time, and they were called electrum. Interestingly, the famous ancient Greek poem Odyssey mentions the usage of coins during those times.
Since then, coins have been in production. Nowadays, almost every country produces its own coins. In 2023, the US alone produced more than 11,381,640,000 coins. But today, the manufacturing of coins is very different.


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