How coins are made | Do you ever notice mint marks in coins | Coin currency
Hello guys,
Today we will see how coins are made, At what temperature they are manufactured ? What is the reason behind the mint markings of the coins.
The primary goal of most simple machines is to reduce the amount of effort (force) necessary to complete a simple activity.
Coining, often known as coinage, is the technique of creating coins by stamping them, which is employed in both hammered and milled coinage.
Coins are used as a form of currency to exchange Goods in trade.
To ease trade, they are standardised in weight and manufactured in huge quantities at a mint. Governments are the most common issuers.
The four India Government Mints, located in Mumbai, Alipore (Kolkata), Saifabad (Hyderabad), Cherlapally (Hyderabad), and NOIDA, produce coins (UP). The Reserve Bank is the only institution authorised to issue coins for circulation under the RBI Act.
#shorts #coins #minting #currencies #trader #indianeconomy #machines
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