Equipping a fake coin factory from scratch. The costs would include:
1) A rolling mill to roll the selected metal to the required thickness. 2) A guillotine to cut the rolled metal into strips. 3) A 5 to 10 ton eccentric press, with dies, to punch out coin blanks from the strips. 4) A chemical cleaning plant for cleaning and polishing the blanks. 5) A low tonnage, very accurate coin press to strike the blanks. A triple acting H.M.E. 6) A Taylor Hobson or Deckel copy engraving machine to make the obverse and reverse coin dies for the H.M.E. press. 7) An electroplating plant capable of gold plating the fake coins in suspension. 8) The setting up of a well equipped tool room.
Second hand H.M.E. coin presses and Taylor Hobson or Deckel copy engraving machines can often be bought for approximately one-third the new cost.
The vital part of the process is the making of good fake dies. The copy engraving machine could be used to cut a reverse copy of both sides of a genuine coin onto a high density plastic material at a ratio of approximately 1:10 (i.e. the reverse copy would be ten times larger than the genuine coin). Any imperfections are corrected on the enlarged copies before they are used as masters to make the dies.
The material cost of a fake Krugerrand from this plant would be less than $5, including the thin (3 to 6 micron) gold plating. As a H.M.E. coin press is capable of minting thousands of coins a day it is possible that the entire plant cost could be recovered from one day’s production.