Canadian Coins

Canadian Coins

1. To meet the needs of the public, banks turn to their regional Federal Reserve bank for coins and currency when their supplies are low

   • Federal Reserve then releases them as required by the commercial banking system
     • Labour: Transporters - Shipped to Federal Reserve Banks and Branches
       • Numismatic Coin
         • Labour: Marketing Team
           • Promotion
             • Digital Advertising
             • PR
             • Collectors Expo
             • TV Advertisments
         • Labour: Finance Team
           • Tresurey's General Fund
           • Budgets
         • Cleaning and Inspection
           • Manual presses are used to strike blanks made of precious metals (gold, silver, platinum) to create collector or numismatic coins. Most proof coins are struck twice or even three times. Tool steel dies, placed inside each press, are used to imprint the desired design on the coin's surface.
             • Dyes go above and below the coin in the coin press
               • Labour: Designers etch design on Disk
                 • Cleaning and Inspection
                   • Blank Coins get Rimmed
                     • Sheet of Metal enters a blanking Press where blank coins are created
                       • Metal goes through rolling process to make sure that the thickness is right
                         • Thick sheets of metal are cut to make the appropriate thickness
                           • Mix is poured into rectangular molds
                             • Chlorine Gas is added to the Molten Mix to form a slag of molten chloride
                               • Metals are Combined inorder to form an alloy
                                 • Gold and Silver Bars are melted in the furnace
                                   • Design is approved
                                     • The Mint commissions artists to submit designs. Background information, design concepts, creative and technical guidelines, coin specifications, and previous examples are provided to them.
                                       • Blueprints
                                         • Design Team
                                           • Custom Coin
                                             • Marketing Information Team
                                               • Surveys to find out what design the public would like on a collectors coin
                                                 • Survey Collectors / Target Audience
                                               • Compile Data and find the most liked design
                                               • Identify Trends in Society
                                             • Board of Directors
                                               • Meetings
                                                 • Approval by Representatives from the Bank of Canada and the Board of Directors from the Royal Canadian Mint
                                             • Government
                                               • Meetings
                                             • Representatives fromthe Bank of Canada
                                               • Meetings
                                             • Labour: Factory Workers put the metals into a furnace but seperate them into to two categories: Gold, and other metal alloys (Silver is Solvent)
                                             • Capital: Investers can pay for their design to appear on a coin
                                             • Capital: Sponsers can pay money for the development of a coin
                                           • Ideas for new coin designs come from contests, research and the general public. Recommendations are sent to the Government of Canada, which makes the final decision for all coin designs.
                                           • Labour: Artist
       • Standard Canadian Coin
         • Cleaning and Inspection
           • Coins are Pressed Automatically (120 coins per minute)
             • Dyes go above and below the coin in the coin press
               • Dye
                 • Labour: Designers etch design on Disk
                   • Disk
                     • Raw Material: Epoxy
                       • Labour: Factory Worker
                         • Natural Resource: Epoxy Resins
                     • Cleaning and Inspection
                       • Blank Coins get Rimmed
                         • Sheet of Metal enters a blanking Press where blank coins are created
                           • Metal goes through rolling process to make sure that the thickness is right
                             • Thick sheets of metal are cut to make the appropriate thickness
                               • Mix is poured into rectangular molds
                                 • Chlorine Gas is added to the Molten Mix to form a slag of molten chloride
                                   • Metals are Combined inorder to form an alloy
                                     • Other Metal Bars account for the remaining percentantage (Silver is Solvent)
                                       • Labour: Factory Workers put the metals into a furnace but seperate them into to two categories: Gold, and other metal alloys (Silver is Solvent)
                                     • Gold bars in quantities ranging from 5% to 95% are melted in a furnace.
                                       • Labour: Factory Workers put the metals into a furnace but seperate them into to two categories: Gold, and other metal alloys (Silver is Solvent)
                                         • Labour: Transporters ship it to the Royal Canadian Mint
                                           • Raw Material: Gold Bar
                                             • Labour: Smelters
                                               • Labour: Transporters ship it to a Smelting Corporation
                                                 • Labour: Third Party Mining Corporation
                                                   • Natural Resource: Gold Ore
                                                   • Capital: Government Funding
                                                 • Capital: Government Funding
                                               • Capital: Government Funding
                                           • Raw Material: Silver Bar
                                             • Labour: Smelters
                                               • Labour: Transporters ship it to a Smelting Corporation
                                                 • Labour: Third Party Mining Corporation
                                                   • Natural Resource: Silver Ore
                                           • Raw Material: Zinc Bar
                                             • Labour: Smelters
                                               • Labour: Transporters ship it to a Smelting Corporation
                                                 • Labour: Third Party Mining Corporation
                                                   • Natural Resource: Zinc Ore
                                           • Raw Material: Steel Bar
                                             • Labour: Smelters
                                               • Labour: Transporters ship it to a Smelting Corporation
                                                 • Labour: Third Party Mining Corporation
                                                   • Natural Resource: Steel Ore
                                           • Raw Material: Other Metal Bars
                                             • Labour: Smelters
                                               • Labour: Transporters ship it to a Smelting Corporation
                                                 • Labour: Third Party Mining Corporation
                                                   • Natural Resource: Other Metal Ores
                                           • Capital: Government Funding
                                           • Capital: Factory
                                           • Capital: Money spent is from the Tresurey's General Fund
                 • Raw Material: Plaster
                   • Labour: Factory Worker
                     • Natural Resource: Gypsum
                 • Raw Material: Rubber
                   • Labour: Factory Worker
                     • Natural Resource: Rubber Tree Sap
                 • Raw Material: Epoxy
                   • Labour: Factory Worker
                     • Natural Resource: Epoxy Resins

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