World Mints used on OFCC
World Mint Locations
This section of Obscure Finds Numismatic Collection is about Mints (an industrial facility which manufactures coins for currency) from regions around the world. Some additions to this section are not considered true mints, but have been included for completeness. Some examples are central banks, national banks, treasury department, currency authorities, and other organizations related to the issue and distribution of coins.
List of World Mints used on OFCC
A mint is an industrial facility which manufactures coins for currency.
The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions.
With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter, and the difference in production cost and face value (called seigniorage) helps fund the minting body.