Hammered coinage was the most common form of coins produced from the invention of coins in the first millennium BC until the early modern period of c. the 15th–17th centuries, contrasting to the cast coinage and the later developed milled coinage.
Hammered coinage was the most common form of coins produced from the invention of coins in the first millennium BC until the early modern period of c. the 15th–17th centuries, contrasting to the cast coinage and the later developed milled coinage.
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A mint is an industrial facility which manufactures coins that can be used as 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.
Printing emerged as early as the 4th millennium BCE in the form of cylinder seals used by the Proto-Elamite and Sumerian civilizations to certify documents written on clay tablets. Other early forms include block seals, hammered coinage, pottery imprints, and cloth printing. Initially a method of printing patterns on cloth such as silk, woodblock printing for texts on paper originated in Tang China by the 7th century, to the spread of book production and woodblock printing in other parts of Asia such as Korea and Japan. The Chinese Buddhist Diamond Sutra, printed by woodblock on 11 May 868, is the earliest known printed book with a precise publishing date. Movable type was invented in China during the 11th century by the Song dynasty artisan Bi Sheng, but it received limited use compared to woodblock printing. However, the use of copper movable types was documented in a Song-era book from 1193, and the earliest printed paper money using movable metal type to print the identifying codes were made in 1161. The technology also spread outside China, with the oldest extant printed book using metal movable type being the Jikji, printed in Korea in 1377 during the Goryeo era.
Woodblock printing was also used in Europe until the mid-15th century. Late medieval German inventor Johannes Gutenberg created the first printing press based on previously known mechanical presses and a process for mass-producing metal type. By the end of the 15th century, his invention and widescale circulation of the Gutenberg Bible became responsible for a burgeoning economical book publishing industry spreading globally across Renaissance Europe and eventually among the colonial publishers and printers that emerged in the British American colonies. This industry enabled the communication of ideas and the sharing of knowledge on an unprecedented scale, leading to the global spread of the printing press during the early modern period. Alongside the development of text printing, new and lower-cost methods of image reproduction were developed, including lithography, screen printing and photocopying.
Ancient Chinese coinage includes some of the earliest known coins. These coins, used as early as the Spring and Autumn period (770–476 BCE), took the form of imitations of the cowrie shells that were used in ceremonial exchanges. The same period also saw the introduction of the first metal coins; however, they were not initially round, instead being either knife shaped or spade shaped. Round metal coins with a round, and then later square hole in the center were first introduced around 350 BCE. The beginning of the Qin dynasty (221–206 BCE), the first dynasty to unify China, saw the introduction of a standardised coinage for the whole Empire. Subsequent dynasties produced variations on these round coins throughout the imperial period. At first the distribution of the coinage was limited to use around the capital city district, but by the beginning of the Han dynasty, coins were widely used for such things as paying taxes, salaries and fines.
Ancient Chinese coins are markedly different from their European counterparts. Chinese coins were manufactured by being cast in molds, whereas European coins were typically cut and hammered or, in later times, milled. Chinese coins were usually made from mixtures of metals such copper, tin and lead, from bronze, brass or iron: precious metals like gold and silver were uncommonly used. The ratios and purity of the coin metals varied considerably. Most Chinese coins were produced with a square hole in the middle. This was used to allow collections of coins to be threaded on a square rod so that the rough edges could be filed smooth, and then threaded on strings for ease of handling.
Minting, coining or coinage is the process of manufacturing coins using a kind of stamping, the process used in both hammered coinage and milled coinage. This "stamping" process is different from the method used in cast coinage.
A coin die (archaically spelt dye) is one of the two metallic pieces that are used to strike a coin, one per each side of the coin. A die contains an inverse version of the image to be struck on the coin. Striking a coin refers to pressing an image into the blank metal disc, or planchet, and is a term descended from the days when the dies were struck with hammers to deform the metal into the image of the dies.
In numismatics, the term milled coinage (also known as machine-struck coinage) is used to describe coins which are produced by some form of machine, rather than by manually hammering coin blanks between two dies (hammered coinage) or casting coins from dies.
The Castaing machine is a device used to add lettering and decoration to the edge of a coin. Such lettering was necessitated by counterfeiting and edge clipping, which was a common problem resulting from the uneven and irregular hammered coinage. When Aubin Olivier introduced milled coinage to France, he also developed a method of marking the edges with lettering which would make it possible to detect if metal had been shaved from the edge. This method involved using a collar, into which the metal flowed from the pressure of the press. This technique was slower and more costly than later methods. France abandoned milled coinage in favour of hammering in 1585.
England experimented briefly with milled coinage, but it wasn't until Peter Blondeau brought his method of minting coins there in the mid-seventeenth century that such coinage began in earnest in that country. Blondeau also invented a different method of marking the edge, which was, according to him, faster and less costly than the method pioneered by Olivier. Though Blondeau's exact method was secretive, numismatists have asserted that it likely resembled the later device invented by Jean Castaing. Castaing's machine marked the edges by means of two steel rulers, which, when a coinage blank was forced between them, imprinted legends or designs on its edge. Castaing's device found favour in France, and it was eventually adopted in other nations, including Britain and the United States, but it was eventually phased out by mechanised minting techniques.