What's Going on at Mulligan Mint - Video w/ Rob Gray

[Shami-Amourae]

Basically a How-Its-Made video for Silver rounds:

http://www.youtube.com/watch?v=WVJiNxCaWBk

[mamboni]

Fantastic video - I am always fascinated by the manufacturing process, especially coin minting. When I look at the overall operation, the machinery, manpower, maintainence, slowness of certain steps (i.e. the silver caster and roller) and the enormous energy consumption (i.e. 1000 amp crucible!) I frankly don't see how this mint stays in business and makes a profit. What is the margin on a round, $4-5 if that. If they produce 10,000 coins per day there's not much left after all the aforementioned expenses. And to think folk bitch about paying a small premium over spot.

[steel_ag]

Videos like that add credibility to a new business.

[gunDriller]

Fantastic video - I am always fascinated by the manufacturing process, especially coin minting. When I look at the overall operation, the machinery, manpower, maintainence, slowness of certain steps (i.e. the silver caster and roller) and the enormous energy consumption (i.e. 1000 amp crucible!)

I frankly don't see how this mint stays in business and makes a profit. What is the margin on a round, $4-5 if that. If they produce 10,000 coins per day there's not much left after all the aforementioned expenses. And to think folk bitch about paying a small premium over spot.

i wonder how much that kiln consumes.

i'm thinking 20 kilowatt to 25 kilowatt.

just from comparing it to a smaller kiln @ about 2000 watts.