Chip Taylor Communications

Subject: Voc. Ed.: Family & Consumer Science

The Economics Series

This program takes viewers behind the scenes to view how coins are made at the U.S. Mint in Denver, Colorado. 1 program x 30 minutes. Click for more

The United States Mint at Denver: How Money is Made

Pennies, nickels, dimes, quarters, half dollars, dollar coins; did you ever wonder where they all come from? Of course, from facilities such as the Mint in Denver, Colorado, which is one of six branch facilities of the United States Mint, and is the single largest producer of coins in the world. This fascinating tour takes us through this historical landmark, which struck its first coins back on February 1, 1906, to show us exactly how the process of making coin money is done. Tour Guide Ron Aguiar immediately informs us that paper money is not made at the Mint but at the Bureau of Engraving and Printing. The Chief of Public Affairs, Guillarmo Hernandez, explains the functions on the Mint, which produces coins for circulation, up to 20 - 30 million a day, as well as mint sets and commemorative coins; it also stores gold and silver bullion. Tour Guide Tom Fesing enlightens us about the metals used to make the coins and we see stamping presses that can turn out up to 530 coins per minute; also Jennifer Debroekert explains the Mint's effective outreach program. Overall, we see how efficiently the Mint is run, making an incredible profit each year, which, to coin an old play on words, "only makes cents." Produced by JSP, Inc. 2010 IJSCA 25 min.
Also See: Gold and Money; Money: Barter, Coins, Paper and Gold

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