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A new coining press from Germany, the Grabener 1000 press, was installed on March 1, 2010, at the Philadelphia Mint for use in producing the America the Beautiful Silver Bullion Coins. The press provides up to 1,000 metric tons (1,100 short tons ) of pressure for each strike and can produce in excess of 1 million coins per year.
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986, and portrays the Goddess of Liberty in a design by Adolph A. Weinman that was originally used on the Walking Liberty half dollar from 1916 to 1947. The American Silver Eagle is struck only in ...
The Libertad coins are silver and gold bullion coins originating from Mexico and minted by the La Casa de Moneda de México (Mexican Mint). The Mexican Mint was established in 1535 and is the oldest mint in the Americas. The modern coins contain 99.9% silver or gold (.999 fineness) and are available in various sizes.
The old hallmarks were as unique as today's logos, and disputes often arose when one company copied another's stamp. [citation needed] "The words "silver" and "sterling silver" describe a product that contains 92.5% pure silver. Silver products sometimes may be marked 925, which means that 925 parts per thousand are pure silver.
The privately minted "rounds" usually have a set weight of 1 troy ounce (31.103 g) of 99.9% silver, with the dimensions of 2.54 millimetres (1 ⁄ 10 in) thick and 39 millimetres (1 + 9 ⁄ 16 in) across.
The Silver Proof set became a standard product of the United States Mint in 1992, containing a dime, quarter, and half dollar composed of 90% silver. The compositions for the penny, nickel, and dollar (introduced to the set in 2000) remained the same as in the standard proof sets. [ 21 ]
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