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Schuler sells 1,000th high-performance minting press

Posted on 28 Apr 2021. Edited by: John Hunter. Read 2757 times.
Schuler sells 1,000th high-performance minting pressThe 1,000th high-performance minting press by Schuler is a 150-ton type MRH line. Photo: Schuler

Germany-based Schuler has received an order for the 1,000th high-performance minting press from the Bavarian State Mint in Munich. The 150-ton MRH line will be delivered in November 2021 — the first machine went into operation at the State Mint of Baden-Württemberg 37 years ago.

Dieter Merkle, Schuler director (global minting), said: “Cash continues to enjoy great popularity as a means of payment.”

The press is of horizontal design and can mint up to 850 coins per min. The Bavarian State Mint currently produces up to one billion of these a year on 17 high-performance Schuler lines, making it responsible for more than one-fifth of the German euro coins in circulation.

The high-performance minting presses also include vertical Schuler MRV Series lines. These can be used, for example, to produce bi-metal and tri-metal coins in a single operation. A special joining unit developed by Schuler even enables the processing of a translucent polymer ring, such as on the five euro collector coin from the “Climate Zones of the Earth” series.

Frank Klingemann, Schuler managing director, said: “Schuler has been manufacturing minting presses since the 1870s and the latest order confirms our long experience in this field.”