The Machine-Minted Production of Coins in Europe and the Cultural Heritage Act in the Republic of Bulgaria

Authors:

Pages: 324-336
DOI: https://doi.org/10.54664/VRFK9240

Abstract:

Cultural artifacts are defined under the Cultural Heritage Act. Under the definition of the law, machine-minted coins are not considered cultural artifacts. However, the term “machine minted” is not clearly defined within the text of the law, thus leaving uncertainties in its interpretation, and creating confusion in its applicability. The overarching goal of this manuscript is to clarify this omission by identifying the historical period when machine-minting was invented and introduced on a large scale in Europe. A brief history of the evolution of the coin manufacturing process and the corresponding techniques and equipment is presented. It is argued that 1508 AD should be considered as the advent of the machine minting process and that coins minted after that year should be considered as machine minted by contemporary standards. This minting process was accepted and adopted by European mints after 1508 AD.

Keywords:

machine-minted coins; Cultural Heritage Act; coin manufacturing process.

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